TASI edges higher; Advanced rises on Q3 beat

The Saudi Tadawul All Share Index (TASI) rose 0.3 percent to 7,242 on Tuesday after Advanced Petrochemicals kick-started the third quarter financial reporting season for Saudi companies with a robust profit figure.

Volumes came in at SAR 2.7 billion. There were, however, more sellers in the market than buyers with the advances-declines ratio at 78/87.

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Adavnced Petrochemical gained 1.4 percent to SAR 45.85 after the company reported a 10 percent YoY rise in third quarter net profit to SAR 208 million. Much of the increase was attributed to higher share of profit from associate SK Advanced.

The effort beat Al Rajhi Capital’s estimate of SAR 189 million and was in line with NCB Capital’s estimate of SAR 210 million.

Elsewhere, Banque Saudi Fransi jumped 2.5 percent to SAR 30. And Al Rajhi Bank added 0.8 percent to SAR 66.20.

Alinma Bank rose 2.5 percent to SAR 17.60. The bank is expected to post a 61 percent year-on-year rise in Q3 net profit, according to AlJazira Capital.

Malath Insurance was top gainer for the third consecutive session following its capital increase. The stock was limit up at SAR 16.40.

Company Prices

Company	Price	Change	Change (%)	Events
ALRAJHI	26.85	0.21	0.77 %	-
BSF	30.13	0.87	2.97 %	-
ALINMA	10.55	0.25	2.45 %	-
A.OTHAIM MARKET	6.06	(0.11)	(1.78 %)	-
MALATH INSURANCE	16.40	1.48	9.92 %	-
ADVANCED	34.73	0.48	1.39 %	-
SABB Takaful	28.09	(0.94)	(3.24 %)	-
ZAIN KSA	8.71	(0.24)	(2.73 %)	-

Number of High/Low companies

Today

Gainers

Losers

52 Weeks

Gainers

Losers

Company	52 Weeks Range	Price	Change	Price Earnings
MALATH INSURANCE	16.40 10.66 16.67	16.40	9.92 %	NEG
ALDREES	14.66 9.80 131.00	14.66	5.17 %	21.64
EXTRA	24.91 6.94 96.80	24.91	5.06 %	18.31
SALAMA	37.63 12.69 38.80	37.63	3.79 %	12.67
ALKHALEEJ TRNG	15.32 8.66 29.30	15.32	3.57 %	18.05
BUDGET SAUDI	24.46 18.60 75.70	24.46	3.03 %	11.94
BSF	30.13 18.00 33.40	30.13	2.97 %	10.43
DWF	28.29 25.58 135.40	28.29	2.57 %	NEG
ALINMA	10.55 6.51 28.00	10.55	2.45 %	14.33
TASNEE	15.98 10.36 20.00	15.98	2.30 %	26.86

Company	52 Weeks Range	Price	Change	Price Earnings
ZAIN KSA	8.71 6.52 11.66	8.71	(2.73 %)	NEG
SPCC	48.60 33.05 83.50	48.60	(2.51 %)	16.62
MUSHARAKA REIT	10.30 4.81 11.10	10.30	(2.46 %)	NEG
ENAYA	50.92 13.52 69.65	50.92	(2.44 %)	NEG
MEDGULF	24.59 21.07 56.26	24.59	(2.25 %)	NEG
ETIHAD ETISALAT	16.95 16.40 56.50	16.95	(1.97 %)	NEG
JADWA REIT ALHARAMAIN	11.22 5.87 15.90	11.22	(1.92 %)	14.72
RIYAD REIT	11.23 6.37 16.55	11.23	(1.84 %)	More than 100
A.OTHAIM MARKET	6.06 3.15 11.10	6.06	(1.78 %)	14.46
CENOMI RETAIL	78.32 13.60 88.36	78.32	(1.74 %)	24.04

Company	52 Weeks Range	Price	Volume (M)	Percentage to Market
ALINMA	10.55 6.51 28.00	10.55	59,948,662	51.25 %
ALBAHA	0.20 0.13 0.33	0.20	31,712,700	27.11 %
TECO	0.46 0.30 0.97	0.46	14,814,800	12.67 %
ALRAJHI	26.85 19.75 93.80	26.85	6,546,512	5.60 %
DAR ALARKAN	6.54 4.45 17.06	6.54	6,292,175	5.38 %
MUSHARAKA REIT	10.30 4.81 11.10	10.30	4,598,175	3.93 %
BATIC	3.11 1.30 3.71	3.11	4,483,900	3.83 %
SABIC	101.49 69.70 105.40	101.49	4,414,685	3.77 %
SAUDI KAYAN	8.91 5.10 9.85	8.91	4,254,900	3.64 %
ALDREES	14.66 9.80 131.00	14.66	3,808,820	3.26 %

Company	52 Weeks Range	Price	Turnover	Percentage to Market
ALINMA	10.55 6.51 28.00	10.55	625,703,604	23.11 %
SABIC	101.49 69.70 105.40	101.49	449,507,794	16.60 %
ALRAJHI	26.85 19.75 93.80	26.85	175,617,476	6.49 %
ALDREES	14.66 9.80 131.00	14.66	56,023,842	2.07 %
MUSHARAKA REIT	10.30 4.81 11.10	10.30	47,793,849	1.77 %
SAUDI ELECTRICITY	24.11 14.30 26.05	24.11	46,385,737	1.71 %
SHARQIYAH DEV	19.90 8.50 21.00	19.90	45,302,816	1.67 %
DAR ALARKAN	6.54 4.45 17.06	6.54	40,986,699	1.51 %
SAUDI KAYAN	8.91 5.10 9.85	8.91	37,964,839	1.40 %
ZAIN KSA	8.71 6.52 11.66	8.71	33,182,569	1.23 %

1 Day
2 Days
5 Days
More

Companies trading above 3-Month Average

Company	Average Volume (3M)	Volume	Percentage Change
ALDREES	443,046.00	3,808,820.00	759.69 %
A.OTHAIM MARKET	448,849.00	2,462,200.00	448.56 %
HB	19,927.00	107,829.00	441.12 %
UACC	158,701.00	646,733.00	307.52 %
CATRION	40,224.00	143,129.00	255.83 %
ALKHALEEJ TRNG	458,271.00	1,367,103.00	198.32 %
MALATH INSURANCE	754,839.00	2,061,573.00	173.11 %
SARCO	292,622.00	768,418.00	162.60 %
BUPA ARABIA	83,806.00	212,280.00	153.30 %
SALAMA	331,981.00	833,562.00	151.09 %
More

SABB Takaful dropped nearly 3 percent to SAR 28.15. after the Kingdom’s regulator banned it from issuing or renewing insurance and saving policies over regulatory violations.

Saudi Zain fell 2.5 percent to SAR 8.68. The mobile operator said there have been no developments in talks on the sale and leaseback of towers, following the end of the exclusivity period on Sept. 28.

Al Othaim Markets fell 1.8 percent to SAR 121.20 after the stock went ex-dividend.

To contact the writer, email Brinda Darasha at brinda.d@argaamplus.com

Companies achieved the highest and lowest closings in 52 weeks

Gainers
Losers

Company	Price	Change 52 Weeks
EXTRA	24.91	234.40 %
SALAMA	37.63	161.25 %
AICC	15.40	122.22 %
ZOUJAJ	22.09	45.81 %
MALATH INSURANCE	16.40	38.28 %

Company	Price	Change 52 Weeks
SPCC	48.60	(21.61 %)
QACCO	42.95	(13.06 %)
CITY CEMENT	10.08	(12.73 %)
ETIHAD ETISALAT	16.95	(11.02 %)

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BHGE	Reports

Market Data

USD Riyal

TASI
NOMU
MT30

Value Traded5,394,831,952.00

Open11,864.56

Prev. Close11,867.92

High11,875.03

Low11,817.84

YTD (1.06 %)

Transactions 477,243.00

Volume

691,437,849.00

Market Cap (Million)

3,354,767.33

Market Analytics

Market Indicators

Latest update: 21/11/2024

TASI
NOMU

P/E (TTM) *

23.74 X

P/E Before Unusual Items (TTM) *

24.41 X

Price/Book

2.32 X

Dividend Yield

2.75 %

* Except Aramco

Sector Closure

Sector

Value

Change

Change (%)

Energy

5,291.87

(11.31) (0.21 %)

Materials

5,673.92

(27.63) (0.48 %)

Capital Goods

14,255.51

48.01 0.34 %

Commercial & Professional Svc

5,133.24

(38.46) (0.74 %)

Transportation

6,955.85

(33.98) (0.49 %)

Consumer Durables & Apparel

5,296.83

8.49 0.16 %

Consumer Services

4,844.57

13.18 0.27 %

Media and Entertainment

29,987.99

34.16 0.11 %

Consumer Discretionary Distribution & Retail

7,893.72

(21.76) (0.27 %)

Consumer Staples Distribution & Retail

8,537.58

(59.72) (0.69 %)

Food & Beverages

5,545.66

(38.66) (0.69 %)

Health Care Equipment & Svc

11,639.35

14.10 0.12 %

Pharma, Biotech & Life Sciences

4,946.86

80.23 1.65 %

Banks

11,875.05

15.26 0.13 %

Financial Services

7,851.49

(15.97) (0.20 %)

Insurance

9,762.94

21.81 0.22 %

Telecommunication Services

7,932.61

(26.91) (0.34 %)

Utilities

13,476.77

(221.12) (1.61 %)

REITs

3,180.41

(14.67) (0.46 %)

Real Estate Mgmt & Dev't

3,593.95

15.22 0.43 %

Software & Services

81,471.20

(838.26) (1.02 %)

Most Active Companies

By Volume
By Turn over

Name

Price

Change (value)Change (%)

Brent Crude Oil

74.23

1.42 1.94 %

Nymex

70.10

1.35 1.96 %

Natural Gas

3.55

0.16 4.73 %

Gold

2,669.05

(0.73) (0.03 %)

Silver

30.73

(0.05) (0.15 %)

High Grade Copper

4.22

(0.02) (0.55 %)

Iron Ore

102.02

0.07 0.07 %

Aluminum

2,611.25

(3.00) (0.11 %)

LEAD

2,001.00

(12.00) (0.60 %)

Zinc

3,001.00

24.50 0.82 %

Steel

795.00

1.00 0.13 %

Wheat (CBOT)

569.50

(2.60) (0.45 %)

Corn (CBOT)

436.25

(3.60) (0.82 %)

Coffee (ICEUS)

295.70

3.20 1.08 %

Whole Milk Powder

3,662.50

(1,000.00) (27.30 %)

Skim Milk Powder

2,737.50

0.00 0.00 %

Refining margins

4.73

(0.31) (6.15 %)

VLCC "Spot"

- -

LPG (mt) ($)

- -

Fujairah Fuel Pric (mt) ($)

- -

VLCC "TC/1Year" ($)

- -

MR Atlantic ($)

- -

Dry Bulk Panamax ($)

- -

TASI edges higher; Advanced rises on Q3 beat

Market Index

Company Prices

Number of High/Low companies

Market Movers

Companies trading above 3-Month Average

Companies achieved the highest and lowest closings in 52 weeks

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