AlJazira Capital initiates coverage on Al Majed Oud; sets rating, TP

    Value Traded6,206,276,858
    Open11,976.12
    Prev. Close11,957.54
    High12,004.19
    Low11,762.82
    YTD (1.66 %)
    Transactions 508,828
    Volume 823,481,474
    Market Cap (Million) 3,385,729.11
    Company Price Change Price Earnings
    ALBAHA 0.30 7.14 % More than 100
    ASLAK 31.10 3.32 % 42.20
    KINGDOM 10.98 2.23 % 29.73
    ALBILAD US TECH 17.16 1.84 % -
    ANB 18.84 1.29 % 8.41
    Company Price Change Price Earnings
    SAUDI CERAMICS 28.75 (7.26 %) NEG
    ELM 1,038.00 (6.79 %) 55.65
    ARAB SEA 6.90 (6.76 %) NEG
    DAR ALARKAN 13.62 (6.71 %) 22.11
    BATIC 3.55 (6.58 %) NEG
    Company Last Price Volume
    ALBAHA 0.30 319,535,962
    TECO 1.03 165,089,728
    ANAAM HOLDING 1.26 90,683,037
    AMERICANA 2.58 20,339,897
    ALHOKAIR GROUP 2.53 18,724,979
    Company Last Price Turnover
    SAUDI ARAMCO 27.00 497,672,948
    ALRAJHI 80.10 390,241,739
    ATHEEB TELECOM 93.00 251,474,977
    ALINMA 27.65 185,895,204
    TECO 1.03 173,417,505

    Analyst Recommendations

    Date Company Research Firm Rating
    06/10/2024 Almajed Oud AlJazira Capital Overweight
    30/09/2024 ADES AlJazira Capital Overweight
    30/09/2024 BUPA ARABIA Sico Buy
    30/09/2024 TAWUNIYA Sico Buy
    25/09/2024 ALBILAD AlJazira Capital Neutral

    Major Shareholder Changes

    Company / Shareholder Current Holding Prev. Holding Change Note
    Almajed For Oud Co.
    Khaled Ali Othman Al Majid
    15.75% 22.50% (6.75%)
    Almajed For Oud Co.
    Saad Ali Othman Al Majid
    15.75% 22.50% (6.75%)
    Almajed For Oud Co.
    Sulaiman Ali Othman Al Majid
    15.75% 22.50% (6.75%)
    Almajed For Oud Co.
    Majid Ali Othman Al Majid
    15.75% 22.50% (6.75%)

    Calendar

    Company Event
    SADAFCO Cash Dividend Distribution
    Almajed Oud listing date
    Fund NAV YTD Return
    AL RAJHI MID/SMALL-CAP FUND 1,817,019,640.00 39.96%
    Al Rajhi Inclusion Fund 504,178,646.00 33.32%
    Al Rajhi Freestyle Saudi Equity Fund 2,159,651,998.00 33.31%
    Riyad Emaar Fund 31,123,530.00 30.70%
    AL RAJHI MOMENTUM FUND 462,133,796.00 29.69%
    SNB Capital China Equity Fund 6,819,938.00 29.27%
    YAQEEN Gold Fund 3,598,083.00 26.13%
    ANB Capital Opportunistic Fund 101,133,292.00 25.18%
    Al-Rajhi Saudi Equity Fund 2,046,116,950.00 24.90%
    Al-Rajhi GCC Equity Fund 328,410,482.00 24.81%