TASI falls 0.5% to 11,636, turnover at SAR 5.4 bln

01/08/2023 Argaam

Saudi Arabia’s benchmark Tadawul All Share Index (TASI) fell 0.5%, or 56 points, to11,636 points today, Aug.1, the lowest close in about a month.

 

Total turnover reached nearly SAR 5.4 billion.

 

The index declined for the fourth session in a row, recording losses of 270 points.

Market Index

Al Rajhi Bank slipped 1% to SAR 73.90 amid trading of nearly 8 million shares.

 

Najran Cement fell more than 2% after the company's Q2 2023 profit dropped 45% year-on-year to SAR 7.4 million.

 

Al Sagr closed at SAR 16.28 (-3%) after the insurance company started the creditors' objection period for its merger with Gulf Union Alahlia.

 

East Pipes edged down more than 3%. 

Company Prices

Company Price Change Change (%) Events
ALRAJHI 73.90 (0.70) (0.94 %) -
YSCC 36.20 0.25 0.70 % -
SABIC 85.10 (0.60) (0.70 %) -
SABIC AGRI-NUTRIENTS 142.20 (2.00) (1.39 %) -
BUPA ARABIA 174.00 1.40 0.81 % -
ALSAGR INSURANCE 10.73 (0.38) (3.44 %) -
NAJRAN CEMENT 12.94 (0.30) (2.27 %) -
SHAKER 22.25 0.17 0.79 % -
SNB 38.80 0.25 0.65 % -
SAUDI ARAMCO 32.25 (0.15) (0.46 %) -
MEPCO 36.250 0.500 1.40 % -
RETAL 9.150 0.120 1.33 % -
Alkhabeer Income 7.290 (0.250) (3.32 %) -
EAST PIPES 61.400 (2.200) (3.46 %) -

On the other hand, Yamama Cement increased 1% to SAR 36.20 after the company's Q2 2023 profit jumped 8% YoY.

 

2P was the top gainer, rising more than 6% to SAR 23.84 with over 4 million shares traded.

 

Retal closed 1% higher at SAR 9.15.

 

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

Number of High/Low companies

Today

94
125

52 Weeks

108
114

Market Movers

Company 52 Weeks Range Price Change Price Earnings
2P
11.92
6.89 15.46
11.92 6.24 % 25.91
SGS
32.85
20.80 55.30
32.85 3.79 % NEG
ARABIAN DRILLING
182.40
100.00 184.60
182.40 3.40 % 25.69
ALMUNAJEM
72.00
55.00 108.00
72.00 2.71 % 20.57
ALUJAIN
47.30
33.75 66.60
47.30 2.27 % More than 100
SPPC
18.80
14.30 21.88
18.80 2.17 % NEG
BJAZ
15.01
13.57 21.00
15.01 2.07 % 16.35
ALMAWARID
143.40
70.40 149.80
143.40 1.99 % 24.21
SIPCHEM
38.45
28.70 52.00
38.45 1.72 % 13.84
FIRST MILLS
90.40
66.00 103.60
90.40 1.69 % 26.07

Companies trading above 3-Month Average

Company Average Volume (3M) Volume Percentage Change
SHL 244,278.00 5,124,377.00 1,997.76 %
ALMUNAJEM 561,827.00 2,699,819.00 380.54 %
Alkhabeer Income 157,102.00 653,892.00 316.22 %
2P 2,315,536.00 8,254,348.00 256.48 %
EAST PIPES 321,585.00 1,033,756.00 221.46 %
ARABIAN DRILLING 189,075.00 517,222.00 173.55 %
ALAHLI REIT 1 137,074.00 304,291.00 121.99 %
MEPCO 1,396,410.00 2,708,242.00 93.94 %
BUPA ARABIA 92,453.00 174,992.00 89.28 %
SABIC AGRI-NUTRIENTS 770,934.00 1,408,438.00 82.69 %
More

Companies achieved the highest and lowest closings in 52 weeks

Company Price Change 52 Weeks
CATRION 125.80 63.16 %
ADITF 9.52 41.04 %
SAVOLA GROUP 42.50 25.37 %
MCDC 76.70 1.46 %

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Value Traded8,345,655,803
Open12,194.25
Prev. Close12,202.93
High12,234.56
Low12,163.43
YTD 1.73 %
Transactions 612,483
Volume 439,527,474
Market Cap (Million) 3,434,974.28

Market Indicators

Latest update: 22/07/2024
P/E (TTM) *
27.32 X
P/E Before Unusual Items (TTM) *
26.85 X
Price/Book
2.43 X
Dividend Yield
2.68 %
* Except Aramco

Sector Closure

Sector
Value
Change
Change (%)
5,374.33
(17.00) (0.32 %)
5,891.14
(40.85) (0.69 %)
12,657.89
108.92 0.87 %
5,386.60
88.51 1.67 %
8,069.04
63.15 0.79 %
5,444.66
22.00 0.41 %
5,399.74
81.61 1.53 %
33,033.07
107.14 0.33 %
6,347.13
14.56 0.23 %
13,120.63
169.94 1.31 %
4,798.16
30.46 0.64 %
12,073.11
(62.87) (0.52 %)
7,757.70
(14.21) (0.18 %)
11,436.53
61.69 0.54 %
7,778.04
54.11 0.70 %
13,459.99
(349.11) (2.53 %)
3,327.32
32.90 1.00 %
3,716.57
30.62 0.83 %
73,381.21
1,043.29 1.44 %

Most Active Companies

Name
 
Price
Change (value)Change (%)
Brent Crude Oil
82.30
(0.41) (0.50 %)
Nymex
80.06
(0.07) (0.09 %)
Natural Gas
2.25
0.13 6.18 %
Gold
2,391.25
(7.27) (0.30 %)
Silver
29.05
(0.15) (0.51 %)
High Grade Copper
4.19
(0.04) (1.04 %)
Iron Ore
108.45
(0.28) (0.26 %)
Aluminum
2,278.25
(34.25) (1.48 %)
LEAD
2,082.50
(38.50) (1.81 %)
Zinc
2,728.50
(45.50) (1.63 %)
Steel
660.00
(4.00) (0.60 %)
Wheat (CBOT)
548.00
5.20 0.95 %
Corn (CBOT)
413.25
9.20 2.27 %
Coffee (ICEUS)
242.90
4.85 2.04 %
Whole Milk Powder
4,225.00
112.50 2.66 %
Skim Milk Powder
2,600.00
0.00 0.00 %
Refining margins
7.37
(0.08) (1.07 %)
VLCC "Spot"
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LPG (mt) ($)
-
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Fujairah Fuel Pric (mt) ($)
-
- -
VLCC "TC/1Year" ($)
-
- -
MR Atlantic ($)
-
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Dry Bulk Panamax ($)
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