TASI falls 1.4% to 12,284 points, total turnover at SAR 7.3B
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) fell 1.4%, or 176 points, to close at 12,284 points today, May 9.
Total turnover reached about SAR 7.3 billion.
Market Index
Al Rajhi Bank fell 1% to SAR 79.50.
Advanced closed at SAR 40.05 (-3%). The company reported losses of SAR 58 million in Q1 2024, contrary to market estimates.
ACWA Power declined 7% to SAR 406.20 amid profit taking.
Aldrees, Savola, MBC Group, SADAFCO, SASCO, Al Akaria, SRMG and Budget Saudi fell between 3% and 6%.
Gulf Union Alahlia went limit down to close at SAR 22.68.
Company Prices
Company | Price | Change | Change (%) | Events |
---|---|---|---|---|
ALRAJHI | 79.50 | (0.80) | (1.00 %) | - |
SAUDI CABLE | 74.60 | (1.60) | (2.10 %) | - |
GASCO | 86.50 | (1.70) | (1.93 %) | - |
SABIC | 80.00 | (1.40) | (1.72 %) | - |
SIIG | 22.24 | (0.26) | (1.16 %) | - |
ARDCO | 24.10 | 0.54 | 2.29 % | - |
LIVA | 20.90 | (1.00) | (4.57 %) | - |
ARABIAN SHIELD | 23.00 | (1.60) | (6.50 %) | - |
SPPC | 14.80 | (0.20) | (1.33 %) | - |
ADVANCED | 40.05 | (1.20) | (2.91 %) | - |
GULF UNION ALAHLIA | 22.68 | (2.52) | (10.00 %) | - |
ALKHALEEJ TRNG | 36.60 | (0.65) | (1.74 %) | - |
SAUDI RE | 28.20 | 0.60 | 2.17 % | - |
SNB | 35.90 | (0.05) | (0.14 %) | - |
SAUDI ARAMCO | 29.85 | (0.10) | (0.33 %) | - |
RETAL | 9.30 | 0.47 | 5.32 % | - |
JAMJOOM PHARMA | 140.00 | 1.40 | 1.01 % | - |
MODERN MILLS | 54.40 | 0.20 | 0.37 % | - |
On the other hand, Retal rose more than 5% to SAR 9.30. The company’s profit rose 50% year-on-year.
Saudi Re and Riyadh Development gained 2% to close at SAR 28.20 and SAR 24.10, respectively, following the announcement of Q1 2024 results.
Write to Parag Deulgaonkar at parag.d@argaam.com
Number of High/Low companies
Market Movers
Company | 52 Weeks Range | Price | Change | Price Earnings |
---|---|---|---|---|
ALBABTAIN | 45.75 | 7.77 % | 20.68 | |
RETAL | 9.30 | 5.32 % | 20.84 | |
TANMIAH | 143.00 | 5.15 % | 37.66 | |
DWF | 136.00 | 4.29 % | NEG | |
MIS | 173.00 | 2.85 % | More than 100 | |
ALMUNAJEM | 127.40 | 2.74 % | 27.09 | |
ARDCO | 24.10 | 2.29 % | 13.84 | |
OASIS | 51.30 | 2.19 % | 32.38 | |
SAUDI RE | 28.20 | 2.17 % | 17.33 | |
CARE | 201.20 | 2.13 % | 37.45 |
Companies trading above 3-Month Average
Company | Average Volume (3M) | Volume | Percentage Change |
---|---|---|---|
RETAL | 942,937.00 | 4,469,545.00 | 374.00 % |
ALKHALEEJ TRNG | 1,307,178.00 | 5,478,710.00 | 319.13 % |
GULF UNION ALAHLIA | 800,554.00 | 3,193,429.00 | 298.90 % |
OASIS | 456,512.00 | 1,702,542.00 | 272.95 % |
UACC | 195,740.00 | 606,887.00 | 210.05 % |
SAUDI RE | 1,254,864.00 | 3,798,764.00 | 202.72 % |
CARE | 107,583.00 | 301,296.00 | 180.06 % |
ARABIAN SHIELD | 1,360,484.00 | 3,719,185.00 | 173.37 % |
ACIG | 734,023.00 | 1,953,808.00 | 166.18 % |
ALETIHAD | 503,160.00 | 1,294,011.00 | 157.18 % |
More |
Companies achieved the highest and lowest closings in 52 weeks
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
Sector
Value
Change
Change (%)
Most Active Companies
Name
Price
Change (value)Change (%)
Brent Crude Oil
73.01
(2.11)
(2.81 %)
Nymex
68.90
(2.40)
(3.36 %)
Natural Gas
3.44
0.16
4.50 %
Gold
2,624.40
(87.30)
(3.21 %)
Silver
30.22
(1.11)
(3.53 %)
High Grade Copper
4.15
0.02
0.50 %
Iron Ore
102.02
0.07
0.07 %
Aluminum
2,615.00
20.00
0.76 %
LEAD
2,023.00
4.50
0.22 %
Zinc
3,016.00
44.00
1.48 %
Steel
720.00
1.00
0.14 %
Wheat (CBOT)
553.50
(11.60)
(2.05 %)
Corn (CBOT)
432.50
(3.00)
(0.69 %)
Coffee (ICEUS)
305.95
3.50
1.16 %
Whole Milk Powder
4,637.50
(12.50)
(0.27 %)
Skim Milk Powder
2,750.00
12.50
0.45 %
Refining margins
3.90
(0.66)
(14.47 %)
VLCC "Spot"
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Fujairah Fuel Pric (mt) ($)
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VLCC "TC/1Year" ($)
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MR Atlantic ($)
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Dry Bulk Panamax ($)
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