Tadawul trading screen
Tadawul All Share Index (TASI) closed out Ramadan in the green, soaring 7.9%, or 813 points, to 11,164 points. It opened the Hijri month at 10,351 points.
The benchmark index posted weekly gains during the month, recording the biggest rise since 2017, when it rallied 8.1%.
The holy month of Ramadan coincided with the beginning of the Q1 2023 earnings season. Seven companies have disclosed their financial statements until the end of Ramadan. More earnings announcements are expected once Saudi Exchange (Tadawul) resumes trading on April 25.
TASI raised its gains to 685 points, or 6.5% from between Jan. 1 and April 17.
TASI Performance in Ramadan since 2006 |
||||
Year |
Open (point) |
Close (point) |
Change (point) |
Change |
2006 |
11108 |
10545 |
(563) |
(5.1%) |
2007 |
7788 |
7806 |
+18 |
+0.2% |
2008 |
8757 |
7459 |
(1298) |
(14.8%) |
2009 |
5723 |
5948 |
+225 |
+3.9% |
2010 |
6264 |
6306 |
+42 |
+0.7% |
2011 |
6392 |
5979 |
(413) |
(6.5%) |
2012 |
6628 |
7004 |
+376 |
+5.7% |
2013 |
7709 |
8072 |
+363 |
+4.7% |
2014 |
9569 |
10215 |
+646 |
+6.8% |
2015 |
9506 |
9338 |
(168) |
(1.8%) |
2016 |
6477 |
6500 |
+23 |
+0.4% |
2017 |
6872 |
7426 |
+554 |
+8.1% |
2018 |
7958 |
8270 |
+312 |
+3.9% |
2019 |
9179 |
8516 |
(633) |
(7.2%) |
2020 |
6605 |
7051 |
+446 |
+6.8% |
2021 |
9908 |
10323 |
+415 |
+4.2% |
2022 |
13090 |
13734 |
+644 |
+4.9% |
2023 |
10351 |
11164 |
+813 |
+7.9% |
The main gauge hit its highest level and close on April 17, the last trading session in Ramadan, at 11,164 points.
The lowest level was scaled on March 23, the first trading session in Ramadan, at 10,302 points. TASI also closed at the lowest level of 10,446 points in the same session.
The highest and lowest traded value were recorded at SAR 6.95 billion and SAR 4.06 billion on March 27 and 26, respectively.
TASI Performance in Ramadan 2023 |
|||
Period |
Performance |
Date |
Notes |
Highest close (point) |
11164 |
April 17 |
Highest close since November 2022 |
Lowest close (point) |
10446 |
March 23 |
-- |
Highest level (point) |
11164 |
April 17 |
-- |
Lowest level (point) |
10302 |
March 23 |
-- |
Biggest daily rise (point) |
+ 170 |
April 3 |
-- |
Biggest daily drop (point) |
(60) |
April 10 |
-- |
Highest traded value (SAR bln) |
6.95 |
March 27 |
-- |
Lowest traded value (SAR bln) |
4.06 |
March 26 |
-- |
The average daily tradingvalue dropped to SAR 5.40 billion, compared to SAR 97.23 billion a year earlier.
Trading Value on Tadawul since Ramadan 2006 (SAR bln) |
||
Year |
Monthly Trading Value |
*Average Daily Trading |
Ramadan 2006 |
341.90 |
18.00 |
Ramadan 2007 |
90.03 |
4.74 |
Ramadan 2008 |
80.20 |
4.22 |
Ramadan 2009 |
54.48 |
2.72 |
Ramadan 2010 |
32.22 |
1.69 |
Ramadan 2011 |
52.42 |
2.90 |
Ramadan 2012 |
120.80 |
6.04 |
Ramadan 2013 |
90.30 |
4.75 |
Ramadan 2014 |
132.56 |
6.63 |
Ramadan 2015 |
101.22 |
5.06 |
Ramadan 2016 |
73.55 |
3.87 |
Ramadan 2017 |
62.59 |
3.13 |
Ramadan 2018 |
61.26 |
3.22 |
Ramadan 2019 |
100.26 |
5.28 |
Ramadan 2020 |
95.13 |
4.76 |
Ramadan 2021 |
155.54 |
7.78 |
Ramadan 2022 |
184.20 |
9.21 |
Ramadan 2023 |
97.23 |
5.40 |
Stock Performance:
Gainers outnumbered losers by 190 to 15 during Ramadan.
Al Kathiri Holding was the top riser in Ramadan this year, soaring 64%. Zain KSA advanced 45%.
Top Gainers in Ramadan 2023* |
|||
Company |
Open (SAR) |
Close (SAR) |
Change |
Al Kathiri |
2.30 |
3.78 |
+64% |
Zain KSA |
10.56 |
15.28 |
+45% |
Anaam |
20.80 |
27.95 |
+34% |
Emaar EC |
7.40 |
9.94 |
+34% |
Arabian Pipes |
38.55 |
50.20 |
+30% |
Farm Superstores |
21.76 |
28.00 |
+29% |
Sadr |
33.40 |
42.80 |
+28% |
MESC |
9.83 |
12.54 |
+28% |
Takween |
7.90 |
9.91 |
+25% |
Tihama |
18.80 |
23.22 |
+24% |
Al Baha |
12.82 |
15.62 |
+22% |
BinDawood |
55.00 |
66.50 |
+21% |
Sinad |
10.04 |
12.12 |
+21% |
SSP |
19.64 |
23.60 |
+20% |
Naqi |
63.30 |
76.00 |
+20% |
Tadawul Group |
139.80 |
167.80 |
+20% |
MARAFIQ |
49.20 |
58.30 |
+19% |
SVCP |
38.10 |
44.95 |
+18% |
Savola |
26.45 |
31.10 |
+18% |
Al Babtain |
21.80 |
25.60 |
+17% |
*Changes to stock prices after capital increase were taken into account
Thimar was the biggest loser, shedding 29%. Al Sagr and Alamar fell 10%. SABIC Agri-Nutrients dropped 6%.
Top Losers in Ramadan 2023* |
|||
Company |
Open (SAR) |
Close (SAR) |
Change |
Thimar |
53.60 |
37.85 |
(29%) |
Al Sagr |
14.88 |
13.40 |
(10%) |
Alamar |
149.20 |
135.00 |
(10%) |
SABIC AN |
137.00 |
128.40 |
(6%) |
Wataniya |
16.22 |
15.84 |
(2%) |
eXtra |
77.40 |
75.70 |
(2%) |
Retal |
120.00 |
117.80 |
(2%) |
SAPTCO |
18.16 |
17.84 |
(2%) |
Elm |
444.60 |
436.80 |
(2%) |
Bahri |
32.40 |
31.85 |
(2%) |
Ash-Sharqiyah |
57.00 |
56.10 |
(2%) |
Alhokair Group |
25.80 |
25.50 |
(1%) |
SISCO |
26.95 |
26.75 |
(1%) |
Alkhaleej Training |
16.28 |
16.24 |
(0.3%) |
SHL |
20.16 |
20.14 |
(0.1%) |
*Changes to stock prices after capital increase were taken into account
REIT Performance:
A total of 13 REITs gained, four lost, while one was steady in Ramadan.
Jadwa REIT Al Haramain Fund led risers, jumping 17%. Taleem REIT Fund came second with a gain of 10%.
Derayah REIT Fund led decliners, dropping 2%.
REIT Performance in Ramadan 2023 (SAR) |
|||
Company |
Open (SAR) |
Close (SAR) |
Change |
Jadwa REIT Al Haramain |
6.47 |
7.55 |
+17% |
Taleem REIT |
10.38 |
11.40 |
+10% |
Jadwa REIT Saudi |
12.20 |
13.26 |
+9% |
AlJazira REIT |
15.32 |
16.32 |
+7% |
Alinma Retail Fund |
4.80 |
5.08 |
+6% |
MEFIC REIT |
4.80 |
5.07 |
+6% |
SICO Saudi REIT |
5.40 |
5.70 |
+6% |
Al Maather REIT |
8.50 |
8.96 |
+5% |
AlAhli REIT (1) |
9.25 |
9.73 |
+5% |
Bonyan REIT |
9.19 |
9.66 |
+5% |
Al Rajhi REIT |
9.51 |
9.80 |
+3% |
Mulkia REIT |
7.30 |
7.50 |
+3% |
SEDCO Capital REIT |
10.16 |
10.26 |
+1% |
Riyad REIT |
9.10 |
9.10 |
-- |
Alkhabeer REIT |
6.71 |
6.65 |
(1%) |
Musharaka REIT |
7.60 |
7.52 |
(1%) |
Alinma Hospitality REIT |
9.13 |
9.00 |
(1%) |
Derayah REIT |
9.91 |
9.75 |
(2%) |
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