Calendar

Riyad Bank issues 2024 guidance

Here are financial highlights of SAIB’s Q1 2024

Review of SAIB’s 2024 target guidance

Value Traded7,156,452,7020
Open12,146.100
Prev. Close12,103.200
High12,222.780
Low12,124.500
YTD 1.93 %
Transactions 513,1490
Volume 263,796,8170
Market Cap (Million) 3,422,415.650
Company Price Change Price Earnings
ACIG 21.30 6.50 % 7.304
ACWA POWER 459.60 6.19 % More than 50
MBC GROUP 53.60 4.69 % -
WALAA 25.60 4.49 % 13.314
MAHARAH 6.56 4.13 % 25.291
SIECO 27.00 3.45 % NEG
SIIG 22.48 3.31 % 44.508
SABIC AGRI-NUTRIENTS 113.40 3.09 % 15.337
SAUDI CABLE 75.70 2.99 % 13.822
ALJOUF 68.70 2.84 % 27.547
Company Price Change Price Earnings
BINDAWOOD 8.03 (9.98 %) 32.53
ALBABTAIN 42.75 (7.67 %) 19.32
ALBAHA 0.13 (7.14 %) More than 50
CENOMI CENTERS 22.54 (5.45 %) 8.16
ALYAMAMAH STEEL 39.00 (5.34 %) NEG
CHEMICAL 9.03 (4.75 %) 31.45
TAIBA 43.85 (4.47 %) More than 50
SISCO HOLDING 33.50 (4.29 %) More than 50
MESC 30.55 (4.23 %) 19.55
SHAKER 31.90 (4.20 %) 22.33

Major Shareholder Changes 13/05/2024

Company / Shareholder Current Holding Prev. Holding Change Note
International Human Resources Co.
Khalid Saleh Al-Shithry
25.42% 24.99% 0.43%
Alwasail Industrial Co.
AbdulQadir A. Al-Mushaiqah
12.31% 12.33% (0.02%)
Watani Iron Steel Co.
Yousef M. Al-Tarif
16.83% 16.86% (0.03%)
Enma AlRawabi Co.
musa ibrahim saad al musa
6.15% 6.19% (0.04%)
Tihama Advertising and Public Relations Co.
Noghaimech Fahad Abdelhaddi Alaadjami
7.76% 7.81% (0.05%)
Riyadh Steel Co.
Ahmed Hassan Ahmed Fetaihi
14.00% 14.09% (0.09%)
Aljouf Mineral Water Bottling Co.
Saad S. A. Hudaib
13.22% 13.34% (0.12%)
Alwasail Industrial Co.
Abdulaziz A. Al-Mushaikh
12.68% 13.27% (0.59%)
Alwasail Industrial Co.
Nasser A. Al-Mushaiqah
12.47% 13.67% (1.20%)
Fund NAV Currency YTD Return
AL RAJHI MID/SMALL-CAP FUND 927,701,844.00 Riyal 28.72%
Riyad Emaar Fund 16,653,575.00 Riyal 25.78%
Osool & Bakheet Parallel Market Equity Trading Fund 45,005,354.00 Riyal 23.92%
ANB Capital Opportunistic Fund 49,996,853.00 Riyal 22.06%
AL RAJHI MOMENTUM FUND 353,150,803.00 Riyal 21.78%
Derayah FreeStyle Saudi Equity fund 1,343,493,709.00 Riyal 21.47%
Al Rajhi Inclusion Fund 345,646,459.00 Riyal 21.39%
Al Rajhi Freestyle Saudi Equity Fund 1,065,232,354.00 Riyal 20.97%
Alawwal Invest Saudi Industrial Companies Equity Fund 59,338,387.00 Riyal 19.92%
DERAYAH SAUDI EQUITIES FUND 444,777,526.00 Riyal 19.40%

Latest Analyst Estimates

Date Company Research firm Rating
16 May SAUDI ARAMCO JP Morgan Overweight
16 May SAVOLA GROUP Bank of America Buy
16 May SAL United Securities Company Sell
16 May ALDREES United Securities Company Buy
16 May HERFY FOODS United Securities Company Buy
Date Project Name Company Status
13/05/2024 BALADY Announced
30/04/2024 LADUN , Cheval Collection International Announced
28/04/2024 Educational Complexes-Tilal Al Riyadh Residential Community ARDCO , ALAKARIA , Riyadh Holding Announced
07/04/2024 Educational Complex-Al-Qairawan District NCLE Announced
28/03/2024 ACWA POWER Announced

Mergers And Acquisitions

Date First Party Second Party Related Parties Value (Million) Type Status More
20240429 29-04-2024 MAADEN MWSPC Mosaic - Acquisition Negotiation
20240422 22-04-2024 PIF TAWAL STC 8,700.00 Acquisition Certain
20240329 29-03-2024 Bank Alfalah Limited-Pakistan SBL SNB - Acquisition Negotiation
20240328 28-03-2024 NASEEJ Etmam Arabia Construction - - Acquisition Negotiation
20240226 26-02-2024 DALLAH HEALTH Al-Ahsa Medical Services
Al Salam Medical Services
AYYAN - Acquisition Negotiation