Arqaam Capital starts coverage on Saudi milling firms

Riyad Capital comments on SEC’s Q3 2024 results, ups TP

Value Traded6,024,407,610
Open11,615.83
Prev. Close11,590.79
High11,657.28
Low11,589.30
YTD (2.72 %)
Transactions 494,154
Volume 376,941,900
Market Cap (Million) 3,304,041.36
Company Price Change Price Earnings
TAMKEEN 76.70 18.00 % 25.61
ZAMIL INDUST 29.35 8.70 % NEG
FAKEEH CARE 63.50 5.66 % 51.19
NASEEJ 92.40 3.70 % NEG
ALYAMAMAH STEEL 32.10 3.38 % 37.44
CARE 162.40 3.31 % 26.54
AMERICANA 2.25 3.21 % 33.66
ALMARAI 55.90 3.14 % 24.81
ALMAJED OUD 160.00 3.09 % 22.79
ALKHALEEJ TRNG 29.00 3.02 % 68.83
Company Price Change Price Earnings
SAUDI CABLE 84.60 (6.93 %) 12.45
ENAYA 13.08 (4.25 %) NEG
SASCO 68.00 (4.23 %) 47.83
EIC 7.08 (3.28 %) 22.33
ALDREES 116.00 (3.17 %) 36.60
ZOUJAJ 54.00 (3.05 %) 17.59
SAPTCO 21.98 (3.00 %) NEG
ARDCO 26.20 (2.60 %) 13.08
SHARQIYAH DEV 19.54 (2.50 %) 56.07
ALBABTAIN 37.50 (2.22 %) 10.70
Company Last Price Volume
ALBAHA 0.30 153,298,425
TECO 0.92 17,228,355
SAUDI ARAMCO 27.45 15,865,004
AMERICANA 2.25 12,271,022
TAMKEEN 76.70 11,872,788
ANAAM HOLDING 1.24 9,822,212
FOURTH MILLING 4.21 7,774,935
EIC 7.08 6,810,125
A.OTHAIM MARKET 11.00 5,651,627
FITAIHI GROUP 4.13 5,374,876
Company Last Price Turnover
TAMKEEN 76.70 919,034,258
SAUDI ARAMCO 27.45 435,218,330
ALRAJHI 91.10 408,016,509
STC 39.80 169,023,343
SNB 32.45 139,657,714
ALMAJED OUD 160.00 118,289,735
FAKEEH CARE 63.50 117,218,716
SABIC 68.90 98,322,951
ALINMA 27.80 97,226,832
SEERA 23.90 89,862,335

Analyst Recommendations

Date Company Research Firm Rating
28/11/2024 MAADEN AlphaMena Sell
27/11/2024 MOUWASAT Sico Neutral
27/11/2024 MAADEN Goldman Sachs Neutral
27/11/2024 ACWA POWER JP Morgan Underweight
27/11/2024 RIBL KAMCO INVEST Neutral

Major Shareholder Changes

Company / Shareholder Current Holding Prev. Holding Change Note
Knowledge Tower Trading Co.
Abdul Malik Ali Abdulaziz Al Masoud
17.16% 16.47% 0.69%
Purity for Information Technology Co.
Faisal Abdullah Abdulaziz Al-Abdulsalam
17.80% 17.29% 0.51%
Seera Group Holding
Seera Holding Group
6.03% 5.81% 0.22%
Al-Jouf Agricultural Development Co.
Riyad M. A. Al Humaidan
18.60% 18.45% 0.15%
Riyadh Steel Co.
Sultan Abduallah Hasan Alothman
5.20% 5.18% 0.02%
Almujtama Alraida Medical Co.
8.44% 8.43% 0.01%
Knowledge Tower Trading Co.
Nouf H. Al-Yamani
60.19% 60.21% (0.02%)
Professional Medical Expertise Co.
Al Omran Holding
43.65% 45.00% (1.35%)

Calendar

Company Event
BHGE Reports
Fund NAV Currency YTD Return Date
Osool & Bakheet Parallel Market Equity Trading Fund 49,945,265.00 Riyal 32.39% 21/11/2024
AL RAJHI MID/SMALL-CAP FUND 1,913,178,627.00 Riyal 31.60% 26/11/2024
Riyad Emaar Fund 39,676,718.00 Riyal 29.59% 26/11/2024
Al Rajhi Freestyle Saudi Equity Fund 2,541,073,790.00 Riyal 28.59% 26/11/2024
Al Rajhi Inclusion Fund 540,077,328.00 Riyal 27.18% 26/11/2024
YAQEEN Gold Fund 3,288,124.00 USD 25.18% 25/11/2024
Riyad American Equity Fund 4,967,465.00 USD 24.87% 26/11/2024
AL RAJHI MOMENTUM FUND 498,629,005.00 Riyal 23.80% 26/11/2024
GIB OPPORTUNISTIC MENA EQUITY FUND - CLASS (C) 81,866,941.00 Riyal 23.21% 25/11/2024
Al-Rajhi GCC Equity Fund 379,784,659.00 Riyal 22.77% 26/11/2024