TASI jumps over 100 points to 8,369 points, records highest close in 8 months

06/10/2020 Argaam

Saudi Arabia’s stocks rose for second consecutive session on Tuesday, with the benchmark Tadawul All Share Index (TASI) surging 1.4%, or 112 points, to close at 8,369 points, the highest close in 8 months.

 

Over 482 million shares, worth SAR 11.7 billion, were traded, with advance-decline ratio at 159:35.

Market Index

Blue chip SABIC rose 0.6% to SAR 88.80, while banking major Al Rajhi gained 1.7% to SAR 66.80.

 

Gulf Union climbed 2.4% to SAR 21.30, as the firm’s shareholders approved merger with Al-Ahlia Insurance Co. through capital top-up of SAR 229.5 million.

 

Raydan and Amana Insurance closed nearly limit up at SAR 24.88 and SAR 39.15, respectively.

Company Prices

Company Price Change Change (%) Events
ALRAJHI 41.76 0.69 1.67 % -
SABIC 88.80 0.50 0.57 % -

On the other hand, MEDGULF declined 4.8% to SAR 25.05. The company’s board recommended 12.5% capital cut and SAR 350 million capital top-up through rights issue.

 

To contact the writer, email Parag Deulgaonkar at parag.d@argaam.com

Number of High/Low companies

Today

157
38

52 Weeks

161
29

Market Movers

Company 52 Weeks Range Price Change Price Earnings
RAYDAN
40.23
17.79 60.24
40.23 9.99 % NEG
AMANA INSURANCE
43.76
9.17 48.28
43.76 9.97 % NEG
ALKATHIRI
4.07
0.89 4.07
4.07 9.94 % 99.26
ABO MOATI
31.55
11.50 35.45
31.55 9.93 % 76.48
NGC
27.70
10.10 27.70
27.70 9.92 % 21.09
ENAYA
37.66
14.90 41.20
37.66 9.90 % NEG
SASCO
29.96
17.84 82.70
29.96 7.04 % 41.14
ARAB SEA
6.73
0.96 7.72
6.73 6.66 % 53.78
JOUF CEMENT
15.93
9.63 16.06
15.93 6.33 % 52.11
ETIHAD ETISALAT
30.20
18.50 50.00
30.20 5.96 % 56.38

Companies trading above 3-Month Average

Company Average Volume (3M) Volume Percentage Change
JOUF CEMENT 3,205,025.00 17,501,177.00 446.05 %
BONYAN REIT 164,380.00 886,637.00 439.38 %
ETIHAD ETISALAT 2,996,381.00 16,059,781.00 435.97 %
SICO SAUDI REIT 588,011.00 2,820,548.00 379.68 %
MAADANIYAH 1,871,649.00 6,887,484.00 267.99 %
YAQEEN 30 205,693.00 724,928.00 252.43 %
NORTHERN CEMENT 2,638,571.00 9,242,681.00 250.29 %
NGC 1,742,110.00 5,389,329.00 209.36 %
AMANA INSURANCE 3,774,707.00 11,266,826.00 198.48 %
SASCO 809,384.00 2,291,298.00 183.09 %
More

Companies achieved the highest and lowest closings in 52 weeks

Company Price Change 52 Weeks
ALKATHIRI 4.07 328.05 %
NGC 27.70 129.30 %
TECO 0.78 112.63 %
FARM SUPERSTORES 31.30 107.01 %
CHEMANOL 24.53 72.36 %
A.OTHAIM MARKET 13.30 67.51 %
JOUF CEMENT 15.93 39.72 %
SASCO 29.96 37.33 %
ALANDALUS 14.85 35.06 %
ETIHAD ETISALAT 30.20 27.32 %

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Calendar

Company Event
DALLAH HEALTH Cash Dividend Distribution
Value Traded5,010,503,485
Open12,035.76
Prev. Close12,099.49
High12,039.29
Low11,943.60
YTD 0.12 %
Transactions 429,984
Volume 401,058,678
Market Cap (Million) 3,409,151.13

Market Indicators

Latest update: 08/09/2024
P/E (TTM) *
25.98 X
P/E Before Unusual Items (TTM) *
25.95 X
Price/Book
2.43 X
Dividend Yield
2.70 %
* Except Aramco

Sector Closure

Sector
Value
Change
Change (%)
5,174.03
(47.71) (0.91 %)
5,616.73
(25.23) (0.45 %)
13,307.92
(4.67) (0.04 %)
5,034.59
(51.14) (1.01 %)
7,516.03
(51.81) (0.68 %)
5,198.36
(42.25) (0.81 %)
5,167.32
(6.93) (0.13 %)
31,555.84
(242.38) (0.76 %)
9,275.67
(24.95) (0.27 %)
6,053.85
(109.71) (1.78 %)
12,995.60
(197.96) (1.50 %)
5,430.63
(40.20) (0.73 %)
11,799.41
(173.95) (1.45 %)
7,792.75
(37.47) (0.48 %)
11,147.36
(4.24) (0.04 %)
7,926.20
(98.33) (1.23 %)
14,247.34
(45.75) (0.32 %)
3,292.19
(18.93) (0.57 %)
3,717.40
(36.72) (0.98 %)
78,863.85
(247.27) (0.31 %)

Most Active Companies

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
71.06
(1.63)
(2.24 %)
Nymex
67.67
(1.48)
(2.13 %)
Natural Gas
2.28
0.02
0.93 %
Gold
2,524.60
(18.50)
(0.73 %)
Silver
28.18
(0.92)
(3.14 %)
High Grade Copper
4.07
(0.06)
(1.55 %)
Iron Ore
91.61
0.31
0.34 %
Aluminum
2,274.50
(34.50)
(1.50 %)
LEAD
1,968.50
(19.50)
(0.98 %)
Zinc
2,705.00
(25.50)
(0.93 %)
Steel
724.00
2.00
0.27 %
Wheat (CBOT)
567.00
(7.40)
(1.29 %)
Corn (CBOT)
406.25
(4.60)
(1.12 %)
Coffee (ICEUS)
236.00
(8.20)
(3.36 %)
Whole Milk Powder
4,600.00
237.50
5.16 %
Skim Milk Powder
2,737.50
100.00
3.65 %
Refining margins
0.63
(0.19)
(23.17 %)
VLCC "Spot"
-
-
-
LPG (mt) ($)
-
-
-
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "TC/1Year" ($)
-
-
-
MR Atlantic ($)
-
-
-
Dry Bulk Panamax ($)
-
-
-
ajax loading