Saudi Exchange: 10 companies’ shares trading at their lowest level since their listing

17/12/2014 Argaam- Exclusive

Ten Saudi listed companies are trading at their lowest level since their listing coupled with 29% decline of TASI for the last three months; according to a study by Argaam measuring the performance of Saudi listed shares.
 

The general index of Saudi market (TASI) reached 7330 points yesterday, its lowest level in 18 months, driven by the decline of oil prices.


The following table indicates the shares recording their lowest price since listing according to the market closing on Tuesday, December 16, 2014:
 

Shares trading at lowest level since listing

According to December 16, 2014’s closing

Share losses from the highest price during 2014

Share price (SAR)

Company

( %42  )

46.20

National Medical Care Company

( %50  )

5.80

Mobile Telecommunication Company-Zain

( %70  )

5.70

Etihad Atheeb Telecommunication Company

( %76  )

9.60

Amana Cooperative Insurance Company

( %55  )

32.60

Alinma Tokio Marine Company

( %50  )

14.35

Al Sorayai Trading and Industrial Group Company

( %62  )

21.65

Saudi Paper Manufacturing Company

( %32  )

52.00

Electrical Industries Company

( %38  )

14.15

Saudi Research and Marketing Group

( %47)

54.75

Al Hokair Company

 

The shares of six companies are trading at their lowest level since five years led by SABIC and Al Rajhi as indicated in the table below:
 

Shares trading at lowest level since more than 6 years –

 according to December 16, 2014’s closing

Notes

Share losses from the highest price during 2014

Share price (SAR)

Company

Lowest since September 2009

( %46  )

72.52

SABIC

Lowest since April 2009

( %38  )

49.01

Al Rajhi

Lowest since January 2009

( %52  )

9.05

KAYAN

Lowest since October 2000

( %44  )

11.50

Amiantit Company

Lowest since February 2001

( %51  )

21.40

National Gypsum Company

Lowest since April 2003

( %45  )

8.25

Saudi Cable Company

 

 

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