TASI falls 1.1% to 12,421 points, turnover at SAR 6.4 bln

23/08/2022 Argaam

Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 1.1%, or 140 points, lower at 12,421 points today, Aug. 23.

 

Total turnover reached nearly SAR 6.4 billion.

 

The index sank in tandem with global markets, especially the US, due to monetary policy and economic stagnation concerns.

Market Index

Saudi Aramco and Al Rajhi Bank fell 1% to SAR 38.40 and SAR 90.90, respectively.

 

SABIC, Petro Rabigh, Tasnee, Yansab, stc, Bank Albilad, Maaden, Alinma Bank, SABIC Agri-Nutrients, ACWA Power and Saudi Kayan declined between 1% and 4%.

 

Salama Insurance was the top decliner, falling to SAR 25.85 after Q2 2022 losses reached SAR 61.6 million.

 

SAICO, SAPTCO, Al Abdullatif and Hail Cement slipped between 3% and 4%.

Company Prices

Company Price Change Change (%) Events
JAZADCO 16.720 (0.580) (3.35 %) -
ALRAJHI 90.900 (0.900) (0.98 %) -
FIPCO 45.200 (0.300) (0.66 %) -
SABIC 101.000 (2.400) (2.32 %) -
SINAD HOLDING 15.940 (0.780) (4.67 %) -
ALAKARIA 14.880 0.040 0.27 % -
SAPTCO 16.920 (0.680) (3.86 %) -
SALAMA 16.927 (1.866) (9.93 %) -
HCC 13.400 (0.360) (2.62 %) -
ARTEX 21.020 (0.880) (4.02 %) -
SAICO 15.560 (0.680) (4.19 %) -
ALKHALEEJ TRNG 16.220 (0.400) (2.41 %) -
ATHEEB TELECOM 13.742 0.015 0.11 % -
SNB 53.062 (0.299) (0.56 %) -
SAUDI ARAMCO 34.909 (0.318) (0.90 %) -
EIC 1.060 0.034 3.31 % -
ALARABIA 107.000 2.000 1.90 % -

On the other hand, Electrical Industries and Al Arabia closed at SAR 26.50 (+3%) and SAR 107 (+2%), respectively, following the announcement of Q2 2022 financials.

 

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

Number of High/Low companies

Today

45
169

52 Weeks

46
160

Market Movers

Company 52 Weeks Range Price Change Price Earnings
BUPA ARABIA
138.43
96.02 235.00
138.43 3.59 % 41.77
SUMOU
40.53
38.35 53.96
40.53 3.45 % 20.11
EIC
1.06
0.86 6.42
1.06 3.31 % 18.46
NAMA CHEMICALS
46.45
25.30 49.05
46.45 2.99 % 16.01
RED SEA
40.00
25.00 59.04
40.00 2.56 % NEG
MOUWASAT
120.80
79.40 129.70
120.80 2.29 % 41.56
ALARABIA
107.00
84.70 217.00
107.00 1.90 % 20.95
EMAAR EC
10.88
8.52 14.38
10.88 1.87 % NEG
MCDC
75.00
63.40 116.60
75.00 1.63 % More than 100
AMIANTIT
13.42
10.03 28.50
13.42 1.49 % NEG

Companies trading above 3-Month Average

Company Average Volume (3M) Volume Percentage Change
EIC 5,379,386.00 65,701,260.00 1,121.35 %
SADAFCO 35,784.00 402,155.00 1,023.84 %
GULF UNION ALAHLIA 234,234.00 2,060,143.00 779.52 %
ATAA 130,405.00 1,093,328.00 738.41 %
APC 206,205.00 1,530,343.00 642.15 %
SSP 188,151.00 1,010,474.00 437.05 %
SHL 703,922.00 3,388,901.00 381.43 %
RED SEA 323,896.00 1,147,709.00 254.34 %
BAAZEEM 4,411,401.00 15,144,930.00 243.31 %
SALAMA 286,499.00 947,889.00 230.85 %
More

Companies achieved the highest and lowest closings in 52 weeks

Company Price Change 52 Weeks
No record found

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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 Traded7,950,895,330
Open12,260.51
Prev. Close12,194.43
High12,320.11
Low12,245.48
YTD 2.47 %
Transactions 484,383
Volume 297,923,795
Market Cap (Million) 3,481,447.75

Market Indicators

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

Sector Closure

Sector
Value
Change
Change (%)
5,281.11
37.39 0.71 %
5,709.10
33.43 0.59 %
13,247.84
48.81 0.37 %
5,248.76
30.31 0.58 %
7,883.45
(45.31) (0.57 %)
5,310.18
60.54 1.15 %
5,195.77
20.10 0.39 %
31,181.22
111.90 0.36 %
6,055.50
136.30 2.30 %
13,360.41
66.42 0.50 %
5,208.19
(29.31) (0.56 %)
12,193.42
(11.13) (0.09 %)
7,854.40
50.39 0.65 %
11,590.14
(24.82) (0.21 %)
8,250.88
456.68 5.86 %
14,317.34
(95.41) (0.66 %)
3,324.47
45.17 1.38 %
3,842.03
34.25 0.90 %
79,080.65
(67.81) (0.09 %)

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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LPG (mt) ($)
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Fujairah Fuel Pric (mt) ($)
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VLCC "TC/1Year" ($)
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MR Atlantic ($)
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Dry Bulk Panamax ($)
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