TASI falls 0.7% to below 10,000 points, turnover at SAR 7.7 bln

16/03/2023 Argaam

Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 0.7%, or 72 points, lower at 9,977 points today, March 16.

 

Total turnover reached nearly SAR 7.7 billion.

 

Global index provider FTSE Russell implemented today the changes announced as part of its semi-annual index review on March 2, 2023.

 

Market Index

Aramco declined 2% to SAR 30.95 as transactions exceeded nine million shares.

 

Saudi National Bank closed at SAR 41.50 (-3%), recording the lowest closing since November 2020.

 

Etihad Etisalat, BinDawood, Luberef, Alsaif Gallery, Al Khorayef, solutions, and Sipchem fell between 3% and 4%.

 

Herfy dropped 7% to SAR 32 after announcing a loss in Q4 2022.

Company Prices

Company Price Change Change (%) Events
ALRAJHI 70.60 (0.20) (0.28 %) -
ACC 33.85 (0.15) (0.44 %) -
MAADANIYAH 17.08 (0.32) (1.84 %) -
SABIC 85.50 (1.20) (1.38 %) -
JARIR 14.98 0.20 1.35 % -
ADVANCED 46.50 (1.45) (3.02 %) -
ASTRA INDUSTRIAL 59.00 3.40 6.12 % -
HERFY FOODS 32.00 (2.30) (6.71 %) -
SNB 30.97 (0.93) (2.92 %) -
SAUDI ARAMCO 28.14 (0.55) (1.90 %) -
BAAZEEM 5.79 (0.01) (0.17 %) -
ALKATHIRI 2.17 (0.13) (5.54 %) -
MULKIA REIT 7.29 0.17 2.39 % -

On the other hand, Jarir rose by more than 1% to SAR 149.80. The company’s board recommended a stock split from SAR 10 to SAR 1.

 

Astra Industrial increased 6% to SAR 59. The company’s Q4 2022 profit rose to SAR 85.7 million.

 

SABB, Banque Saudi Fransi, Riyad Bank, SABIC Agri-Nutrients, and Bahri gained between 1% and 4%.

 

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

Number of High/Low companies

Today

56
163

52 Weeks

31
185

Market Movers

Company 52 Weeks Range Price Change Price Earnings
ASTRA INDUSTRIAL
59.00
38.70 178.00
59.00 6.12 % 9.95
SAPTCO
17.68
14.40 23.60
17.68 6.00 % NEG
THIMAR
94.95
40.95 98.57
94.95 5.31 % NEG
ALDAWAA
74.10
63.00 95.80
74.10 4.66 % 20.62
SAB
33.65
32.10 46.50
33.65 3.86 % 14.19
BAHRI
20.73
12.31 30.00
20.73 3.84 % 14.71
ATAA
57.80
51.00 74.40
57.80 2.66 % 35.14
TAIBA
26.85
24.80 45.25
26.85 2.48 % 50.11
ALAMAR
151.00
79.60 166.20
151.00 2.44 % 33.32
MULKIA REIT
7.29
5.51 10.08
7.29 2.39 % NEG

Companies trading above 3-Month Average

Company Average Volume (3M) Volume Percentage Change
SHL 173,339.00 2,032,203.00 1,072.39 %
SNB 4,927,106.00 41,340,359.00 739.04 %
HERFY FOODS 95,969.00 646,580.00 573.74 %
AMAK 333,667.00 2,100,894.00 529.64 %
ASTRA INDUSTRIAL 123,520.00 733,149.00 493.55 %
SAUDI ELECTRICITY 691,076.00 4,092,466.00 492.19 %
BSF 530,321.00 2,945,687.00 455.45 %
ALDAWAA 169,324.00 900,000.00 431.53 %
SAVOLA GROUP 296,442.00 1,559,864.00 426.20 %
JARIR 1,539,818.00 7,379,000.00 379.21 %
More

Companies achieved the highest and lowest closings in 52 weeks

Company Price Change 52 Weeks
BAHRI 20.73 9.78 %

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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 Traded3,623,122,408
Open12,260.51
Prev. Close12,194.43
High12,320.11
Low12,253.36
YTD 2.56 %
Transactions 140,334
Volume 135,068,978
Market Cap (Million) 3,485,504.24

Market Indicators

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

Sector Closure

Sector
Value
Change
Change (%)
5,270.66
26.94 0.51 %
5,705.13
29.46 0.52 %
13,248.13
49.10 0.37 %
5,251.16
32.71 0.63 %
7,924.22
(4.54) (0.06 %)
5,304.39
54.75 1.04 %
5,259.23
83.56 1.61 %
31,126.06
56.74 0.18 %
6,029.14
109.94 1.86 %
13,381.09
87.10 0.66 %
5,233.05
(4.45) (0.09 %)
12,228.55
24.00 0.20 %
7,866.22
62.21 0.80 %
11,660.20
45.24 0.39 %
8,194.67
400.47 5.14 %
14,402.03
(10.72) (0.07 %)
3,319.95
40.65 1.24 %
3,831.45
23.67 0.62 %
79,338.62
190.16 0.24 %

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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