TASI falls 1% to 11,982 points, turnover at SAR 5B
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) fell 1% or 117 points, to 11,982 points today, Sept. 8.
Total turnover reached about SAR 5 billion.
The decline in the Saudi market coincides with the drop in the oil prices, as Brent and Nymex falling 2%.
On Sept. 5, OPEC decided to extend its production cuts of 2.2 million barrels per day through November.
Market Index
Saudi Aramco and Al Rajhi Bank declined to SAR 27.30 (-1%) and SAR 87 (-2%), respectively.
Saudi National Bank, Sulaiman Al Habib, stc, Almarai, Maaden and Etihad Etisalat declined between 1% and 3%.
Company Prices
Company | Price | Change | Change (%) | Events |
---|---|---|---|---|
ALRAJHI | 87.00 | (1.70) | (1.92 %) | - |
SABIC | 73.90 | 0.10 | 0.14 % | - |
SNB | 34.60 | (0.80) | (2.26 %) | - |
SAUDI ARAMCO | 27.30 | (0.25) | (0.91 %) | - |
On the other hand, SEICO rose nearly 10% to SAR 3.05, bringing total gains since the start of the month to about 30%.
Al-Baha jumped 7% to SAR 0.16 amid trading of about 140 million shares.
Alkhabeer REIT edged down 2% to SAR 6 with almost 2 million units traded, the highest since March 2023.
Write to Parag Deulgaonkar at parag.d@argaam.com
Number of High/Low companies
Companies trading above 3-Month Average
Company | Average Volume (3M) | Volume | Percentage Change |
---|---|---|---|
ALKHABEER REIT | 130,775.00 | 2,014,993.00 | 1,440.81 % |
SHARQIYAH DEV | 493,768.00 | 4,181,307.00 | 746.82 % |
EMAAR EC | 2,592,499.00 | 16,924,969.00 | 552.84 % |
NAYIFAT | 431,145.00 | 2,812,027.00 | 552.22 % |
ALBAHA | 22,427,789.00 | 137,232,128.00 | 511.88 % |
DWF | 55,705.00 | 308,378.00 | 453.59 % |
NAMA CHEMICALS | 159,266.00 | 769,735.00 | 383.30 % |
CENOMI RETAIL | 1,512,805.00 | 7,116,557.00 | 370.42 % |
RED SEA | 543,450.00 | 2,232,759.00 | 310.85 % |
ASLAK | 170,646.00 | 632,918.00 | 270.90 % |
More |
Companies achieved the highest and lowest closings in 52 weeks
Company | Price | Change 52 Weeks |
---|---|---|
RED SEA | 47.55 | 104.43 % |
JAMJOOM PHARMA | 183.00 | 58.58 % |
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
73.48
(1.74)
(2.31 %)
Nymex
69.52
(1.81)
(2.53 %)
Natural Gas
3.53
0.24
6.95 %
Gold
2,636.00
(75.50)
(2.78 %)
Silver
30.37
(0.99)
(3.15 %)
High Grade Copper
4.17
0.03
0.77 %
Iron Ore
102.02
0.07
0.07 %
Aluminum
2,618.50
23.50
0.89 %
LEAD
2,038.50
20.00
0.99 %
Zinc
3,025.50
53.50
1.79 %
Steel
720.00
(2.00)
(0.28 %)
Wheat (CBOT)
555.25
(10.40)
(1.84 %)
Corn (CBOT)
433.75
(2.00)
(0.46 %)
Coffee (ICEUS)
308.95
5.80
1.92 %
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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LPG (mt) ($)
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Fujairah Fuel Pric (mt) ($)
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VLCC "TC/1Year" ($)
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MR Atlantic ($)
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Dry Bulk Panamax ($)
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