TASI falls 0.8% to 11,692, turnover at SAR 5.9 bln

31/07/2023 Argaam

Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 0.8%, or 97 points, lower at 11,692 points today, July 31.

 

Total turnover reached almost SAR 5.9 billion.

Market Index

Al Rajhi Bank and Saudi National Bank declined to SAR 74.60 (-1%) and SAR 38.55 (-3%), respectively.

 

First Mills, Saudi Kayan, Chemanol, and stc fell between 1% and 4% after announcing Q2 2023 financial results.

 

Takween and Tawuniya slipped nearly 7% each.

Company Prices

Company Price Change Change (%) Events
STC 42.40 (1.95) (4.40 %) -
ALRAJHI 74.60 (0.40) (0.53 %) -
SAB 38.10 (1.20) (3.05 %) -
SABIC 85.70 (0.70) (0.81 %) -
SAUDI KAYAN 12.26 (0.14) (1.13 %) -
CHEMANOL 24.48 (0.30) (1.21 %) -
SPM 29.55 (0.27) (0.91 %) -
SPPC 18.40 (0.42) (2.23 %) -
SVCP 46.95 (0.25) (0.53 %) -
EXTRA 81.50 (0.50) (0.61 %) -
SNB 38.55 (1.15) (2.90 %) -
SAUDI ARAMCO 32.40 0.10 0.31 % -
ARABIAN DRILLING 176.40 11.80 7.17 % -
Leejam Sports 147.40 3.40 2.36 % -
MRNA 14.36 0.04 0.28 % -
ALKHABEER REIT 6.87 0.04 0.59 % -
NAYIFAT 16.06 (0.26) (1.59 %) -
FIRST MILLS 88.90 (2.60) (2.84 %) -

On the other hand, Arabian Drilling jumped more than 7% to SAR 176.40, recording the highest close since listing. The company signed a SAR 3 billion worth contract with Saudi Aramco.

 

Shares of Al Munajem, solutions, Aldrees, Maharah, and Savola rose between 3% and 5%.

 

Fitness Time gained over 2% to SAR 147.40 following the disclosure of Q2 2023 results.

 

Write to Parag Deulgaonkar at parag.d@argaam.com

Number of High/Low companies

Today

78
144

52 Weeks

110
111

Market Movers

Company 52 Weeks Range Price Change Price Earnings
ARABIAN DRILLING
176.40
100.00 177.40
176.40 7.17 % 24.85
MAHARAH
6.39
3.79 7.34
6.39 4.75 % 17.06
ALMUNAJEM
70.10
55.00 99.60
70.10 4.32 % 20.03
SOLUTIONS
365.00
216.80 392.20
365.00 4.29 % 38.41
ALMAWARID
140.60
70.40 149.80
140.60 3.23 % 23.74
ALDREES
89.59
49.29 126.80
89.59 3.11 % 32.66
SAVOLA GROUP
42.30
25.85 43.75
42.30 2.79 % 28.85
SUMOU
38.65
32.53 45.78
38.65 2.79 % 20.09
Leejam Sports
147.40
72.40 222.80
147.40 2.36 % 24.88
SASCO
50.83
24.64 76.30
50.83 2.24 % 56.75

Companies trading above 3-Month Average

Company Average Volume (3M) Volume Percentage Change
ALMUNAJEM 524,554.00 2,308,437.00 340.08 %
MAHARAH 5,254,140.00 17,347,410.00 230.17 %
SADAFCO 54,586.00 160,000.00 193.12 %
BAHRI 1,320,016.00 3,588,925.00 171.88 %
ARABIAN DRILLING 181,305.00 484,883.00 167.44 %
MEDGULF 1,358,250.00 3,078,892.00 126.68 %
ALDREES 292,094.00 623,165.00 113.34 %
STC 4,130,597.00 8,220,578.00 99.02 %
SAVOLA GROUP 835,486.00 1,641,570.00 96.48 %
TAKWEEN 486,998.00 884,002.00 81.52 %
More

Companies achieved the highest and lowest closings in 52 weeks

Company Price Change 52 Weeks
ADITF 9.44 40.06 %

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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 Traded7,567,797,441
Open12,194.16
Prev. Close12,187.44
High12,220.51
Low12,141.89
YTD 1.90 %
Transactions 515,077
Volume 325,306,311
Market Cap (Million) 3,456,092.33

Market Indicators

Latest update: 23/08/2024
P/E (TTM) *
26.34 X
P/E Before Unusual Items (TTM) *
26.31 X
Price/Book
2.46 X
Dividend Yield
2.66 %
* Except Aramco

Sector Closure

Sector
Value
Change
Change (%)
5,243.72
(18.22) (0.35 %)
5,675.67
15.93 0.28 %
13,199.03
(95.98) (0.72 %)
5,218.45
(0.51) (0.01 %)
7,928.76
56.94 0.72 %
5,249.64
17.10 0.33 %
5,175.67
52.78 1.03 %
31,069.32
35.67 0.11 %
5,919.20
10.69 0.18 %
13,293.99
18.83 0.14 %
5,237.50
78.56 1.52 %
12,204.55
(22.26) (0.18 %)
7,804.01
52.83 0.68 %
11,614.96
151.82 1.32 %
7,794.20
(10.43) (0.13 %)
14,412.75
68.14 0.48 %
3,279.30
18.64 0.57 %
3,807.78
(5.64) (0.15 %)
79,148.46
1,126.70 1.44 %

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
5.37
(0.66) (10.95 %)
VLCC "Spot"
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MR Atlantic ($)
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