TASI falls 1% to 12,435 points, turnover at SAR 10.5B
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 1%, or 121 points, lower at 12,435 points today, March 4.
Total turnover reached nearly SAR 10.5 billion.
Market Index
Saudi Aramco and Al Rajhi Bank declined 1% to SAR 31.20 and SAR 86.40, respectively.
Seera fell nearly 10% to SAR 29.55 amid trading of nearly 3 million shares. The company terminated the non-binding term sheet with the Public Investment Fund over the proposed investment in its wholly-owned subsidiary, Almosafer Co.
AYYAN, Maharah, Zain KSA, Advanced, Tasnee, Halwani Bros., Tabuk Agricultural and Al Yamamah Steel slipped between 4% and 8%.
Alkhaleej Training closed at SAR 33.75 (-10%), with 3.3 million shares worth SAR 120 million traded.
Company Prices
Company | Price | Change | Change (%) | Events |
---|---|---|---|---|
ALRAJHI | 86.40 | (1.30) | (1.48 %) | - |
SABIC | 77.70 | (0.50) | (0.64 %) | - |
ALAKARIA | 19.72 | (0.08) | (0.40 %) | - |
SIPCHEM | 30.50 | 0.00 | 0.00 % | - |
SEERA | 29.55 | (3.25) | (9.91 %) | - |
SAUDI RE | 25.70 | (0.05) | (0.19 %) | - |
SNB | 40.50 | (1.35) | (3.23 %) | - |
SAUDI ARAMCO | 31.20 | (0.35) | (1.11 %) | - |
SAL | 295.00 | 14.20 | 5.06 % | - |
On the other hand, SAL rose 5% to SAR 295, recording the highest close since listing, after Qq4 2023 results beat market estimates.
Saudi Ceramic, ACWA Power, SGS, and Saudi Steel Pipes rose by rates ranging between 2 and 6%.
Write to Parag Deulgaonkar at parag.d@argaam.com
Number of High/Low companies
Market Movers
Company | 52 Weeks Range | Price | Change | Price Earnings |
---|---|---|---|---|
ALBAHA | 0.15 | 7.14 % | NEG | |
SSP | 57.10 | 5.74 % | 16.83 | |
ACWA POWER | 276.25 | 5.41 % | More than 100 | |
SAL | 295.00 | 5.06 % | 30.15 | |
SAUDI CERAMICS | 25.81 | 3.53 % | NEG | |
TANMIAH | 142.60 | 3.48 % | 37.56 | |
SGS | 43.80 | 3.42 % | More than 100 | |
NAHDI | 146.60 | 3.39 % | 22.42 | |
BAWAN | 50.00 | 2.25 % | 22.05 | |
ALARABIA | 274.00 | 1.86 % | 42.82 |
Companies trading above 3-Month Average
Company | Average Volume (3M) | Volume | Percentage Change |
---|---|---|---|
WATANIYA | 515,461.00 | 4,400,567.00 | 753.71 % |
ZAIN KSA | 4,611,469.00 | 28,226,457.00 | 512.09 % |
SSP | 1,340,753.00 | 5,693,180.00 | 324.63 % |
RIBL | 1,907,398.00 | 7,690,100.00 | 303.17 % |
SAUDI CERAMICS | 1,119,519.00 | 4,440,688.00 | 296.66 % |
ALKHALEEJ TRNG | 859,786.00 | 3,342,984.00 | 288.82 % |
AYYAN | 2,397,989.00 | 8,585,900.00 | 258.05 % |
FIRST MILLS | 557,166.00 | 1,974,328.00 | 254.35 % |
NAHDI | 567,587.00 | 1,778,449.00 | 213.34 % |
PETRO RABIGH | 2,808,579.00 | 8,781,941.00 | 212.68 % |
More |
Companies achieved the highest and lowest closings in 52 weeks
Company | Price | Change 52 Weeks |
---|---|---|
APC | 122.19 | 333.10 % |
SSP | 57.10 | 175.05 % |
ALRAJHI TAKAFUL | 94.10 | 137.63 % |
ACWA POWER | 276.25 | 96.59 % |
ALBILAD US TECH | 15.79 | 48.12 % |
ALBILAD GOLD | 11.19 | 11.23 % |
Calendar
Company | Event | ||
---|---|---|---|
TADCO | General Assembly | ||
FIPCO | General Assembly | ||
ALLIANZ SF | General Assembly | ||
NAJRAN CEMENT | General Assembly | ||
MOUWASAT | General Assembly | ||
ALDAWAA | Cash Dividend Distribution | ||
SULAIMAN ALHABIB | Cash Dividend Distribution | ||
THEEB | Ex-dividend Date | ||
BINDAWOOD | Ex-dividend Date | ||
MSCI index | Key Events | ||
more |
Sector Closure
Most Active Companies
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