TASI crosses 8,100; Al Rajhi at 10-year high

18/04/2018 Argaam

Saudi Arabian stocks closed positive for the fifth straight session on Wednesday, with the Tadawul All Share Index (TASI) crossing the 8,100-level amid higher oil prices and as expectations of a positive update from MSCI in June remained strong.

 

The Saudi benchmark index rose 0.6 percent to close at 8,146 points, with volumes at SAR 5.1 billion. The advance-decline ratio stood at 102-77.

Market Index

Heavyweight lender Al Rajhi Bank soared to a 10-year high as it rose nearly 1 percent to SAR 82.2.

 

Saudi Industrial Investment Group (SIIG) jumped 4.4 percent to SAR 24.98, after its board of directors has recommended a 5 percent cash dividend for H1 2018, at SAR 0.5 per share.

 

Petro Rabigh was the top gainer for the day, rising nearly 8 percent to SAR 29.75 – its highest close in more than three years. Over the past five months, the stock had climbed more than 120 percent.

Company Prices

Company Price Change Change (%) Events
ALRAJHI 33.33 0.21 0.64 % -
SABIC 121.26 (1.64) (1.33 %) -
SIIG 24.90 0.97 4.05 % -
PETRO RABIGH 20.79 1.47 7.62 % -
ALINMA 12.47 (0.01) (0.05 %) -
DAR ALARKAN 13.56 (0.19) (1.38 %) -

On the other hand, Saudi Basic Industries Corp. (SABIC) lost 1.6 percent to SAR 121.

 

Real estate firm Dar Al-Arkan was down 1.2 percent at SAR 13.58, while Alinma Bank slipped 0.1 percent to SAR 20.78.

 

Bahri was the top decliner, falling 3.3 percent to SAR 31.25.

 

To contact the writer, email Nadeshda Zareen at nadeshda.zareen@argaamplus.com

Number of High/Low companies

Today

92
77

52 Weeks

80
86

Market Movers

Company 52 Weeks Range Price Change Price Earnings
PETRO RABIGH
20.79
7.71 20.95
20.79 7.62 % 17.74
ABO MOATI
10.38
8.00 29.80
10.38 6.57 % 11.38
MALATH INSURANCE
16.58
10.66 19.90
16.58 6.49 % NEG
ALSAGR INSURANCE
28.08
20.40 45.41
28.08 5.44 % 61.47
ALUJAIN
26.02
16.88 41.75
26.02 5.39 % 10.60
BSF
31.25
25.30 35.60
31.25 4.17 % 10.83
ALDREES
13.54
10.49 128.80
13.54 4.16 % 18.77
ALRAJHI TAKAFUL
32.48
17.04 220.20
32.48 4.12 % 18.72
SIIG
24.90
18.25 25.00
24.90 4.05 % 21.03
ZAIN KSA
7.67
5.96 11.66
7.67 3.72 % NEG

Companies trading above 3-Month Average

Company Average Volume (3M) Volume Percentage Change
ALSAGR INSURANCE 143,349.00 1,248,228.00 770.76 %
ZAIN KSA 3,126,150.00 22,651,658.00 624.59 %
BAAZEEM 113,485.00 683,980.00 502.71 %
RED SEA 62,292.00 366,938.00 489.06 %
ATHEEB TELECOM 445,154.00 2,574,247.00 478.28 %
NGC 189,983.00 928,897.00 388.94 %
SPM 675,860.00 3,262,506.00 382.72 %
SVCP 39,573.00 188,750.00 376.97 %
ABO MOATI 23,568.00 106,398.00 351.45 %
CHUBB 358,980.00 1,465,582.00 308.26 %
More

Companies achieved the highest and lowest closings in 52 weeks

Company Price Change 52 Weeks
PETRO RABIGH 20.79 122.25 %
ALRAJHI TAKAFUL 32.48 78.88 %
SAUDI KAYAN 14.84 73.57 %
ANB 15.29 53.73 %
ACIG 18.76 47.48 %
RIBL 14.68 43.22 %
ALRAJHI 33.33 28.14 %
SIIG 24.90 26.40 %
STC 33.99 24.96 %
SIPCHEM 23.13 24.35 %
SISCO HOLDING 14.51 19.42 %
TECO 0.53 17.90 %
CITY CEMENT 13.03 3.82 %

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Calendar

Event Company
Cash Dividend Distribution SPCC
Ex-dividend Date SAVOLA GROUP
General Assembly SAVOLA GROUP
General Assembly SAPTCO
Ex-dividend Date A.OTHAIM MARKET
Ex-dividend Date DALLAH HEALTH
Cash Dividend Distribution SNB
Cash Dividend Distribution ALDAWAA
Ex-dividend Date BAAZEEM
Ex-dividend Date JADWA REIT ALHARAMAIN
more
Value Traded5,566,008,604
Open12,260.51
Prev. Close12,194.43
High12,320.11
Low12,249.99
YTD 2.47 %
Transactions 233,386
Volume 209,147,465
Market Cap (Million) 3,482,954.30

Market Indicators

Latest update: 23/08/2024
P/E (TTM) *
26.54 X
P/E Before Unusual Items (TTM) *
26.51 X
Price/Book
2.48 X
Dividend Yield
2.64 %
* Except Aramco

Sector Closure

Sector
Value
Change
Change (%)
5,271.82
28.10 0.54 %
5,698.78
23.11 0.41 %
13,260.63
61.60 0.47 %
5,253.51
35.06 0.67 %
7,909.44
(19.32) (0.24 %)
5,294.69
45.05 0.86 %
5,218.98
43.31 0.84 %
31,057.22
(12.10) (0.04 %)
6,010.01
90.81 1.53 %
13,399.15
105.16 0.79 %
5,250.95
13.45 0.26 %
12,195.21
(9.34) (0.08 %)
7,881.31
77.30 0.99 %
11,632.05
17.09 0.15 %
8,215.64
421.44 5.41 %
14,374.68
(38.07) (0.26 %)
3,322.52
43.22 1.32 %
3,856.81
49.03 1.29 %
79,044.34
(104.12) (0.13 %)

Most Active Companies

Name
 
Price
Change (value)Change (%)
Brent Crude Oil
79.02
1.77 2.29 %
Nymex
74.83
1.82 2.49 %
Natural Gas
2.02
(0.03) (1.50 %)
Gold
2,546.30
29.60 1.17 %
Silver
29.82
0.77 2.67 %
High Grade Copper
4.20
0.05 1.28 %
Iron Ore
98.05
(0.14) (0.14 %)
Aluminum
2,473.25
61.75 2.56 %
LEAD
2,007.50
22.50 1.13 %
Zinc
2,726.00
38.50 1.43 %
Steel
750.00
7.00 0.95 %
Wheat (CBOT)
528.00
(7.40) (1.38 %)
Corn (CBOT)
391.00
(2.40) (0.61 %)
Coffee (ICEUS)
247.30
4.40 1.81 %
Whole Milk Powder
4,362.50
100.00 2.29 %
Skim Milk Powder
2,637.50
75.00 2.84 %
Refining margins
5.89
(0.77) (11.56 %)
VLCC "Spot"
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Fujairah Fuel Pric (mt) ($)
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VLCC "TC/1Year" ($)
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MR Atlantic ($)
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