TASI achieves record consecutive gains, closes 0.2% higher at 12,634

21/02/2024 Argaam

Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 0.2%, or 60 points, higher at 12,634 points today, Feb. 21, recording the highest close since August 2022.

 

Total turnover reached nearly SAR 8.6 billion.

 

Based on the available data, the benchmark continued to rise for the 15th straight session, recording the most extended series of gains in its history. Total gains reached about 840 points.

 

The market will remain closed tomorrow, Feb. 22, as the Kingdom of Saudi Arabia celebrates its founding day. Trading activities will resume on Feb. 25.

Market Index

Saudi Aramco rose 1% to SAR 32.

 

Amiantit went limit up to SAR 26.60 after shareholders approved an increase in capital through a rights offering.

 

Thob Al Aseel climbed 3% to SAR 4.65 following the company’s financial results and cash dividend.

Company Prices

Company Price Change Change (%) Events
ETIHAD ETISALAT 54.80 (0.70) (1.26 %) -
ALRAJHI 90.60 (0.10) (0.11 %) -
AMIANTIT 26.60 2.38 9.83 % -
SABIC 79.10 (0.30) (0.38 %) -
KINGDOM 7.05 0.01 0.14 % -
SNB 42.65 0.45 1.07 % -
SAUDI ARAMCO 32.00 0.35 1.11 % -
ALASEEL 4.65 0.14 3.10 % -
JADWA REIT ALHARAMAIN 6.81 0.16 2.41 % -

On the other hand, Etihad Etisalat closed at SAR 54.80 (-1%). The company reported a Q4 2023 profit of SAR 745.9 million, beating market estimates.

 

stc, Riyad Bank, Maaden, Jarir, Elm, Saudi Budget, AlOthaim and Extra fell between 1% and 4%.

 

Jadwa REIT Al Haramain rose 2% to close at SAR 6.81 after announcing a cash dividend to unitholders.

 

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

Number of High/Low companies

Today

96
133

52 Weeks

177
56

Market Movers

Company 52 Weeks Range Price Change Price Earnings
AMIANTIT
26.60
11.456 29.400
26.60 9.83 % NEG
ALBAHA
0.15
0.120 0.220
0.15 7.14 % NEG
SALAMA
26.80
9.010 28.450
26.80 4.89 % 11.601
ATHEEB TELECOM
101.80
16.886 114.200
101.80 4.41 % 16.793
ALHOKAIR GROUP
2.96
1.920 3.010
2.96 4.23 % NEG
SSP
38.85
19.000 69.600
38.85 4.16 % 15.598
TAWUNIYA
151.60
74.080 154.600
151.60 3.84 % 30.461
MEPCO
46.60
26.900 46.950
46.60 3.56 % NEG
LUBEREF
164.80
100.600 165.000
164.80 3.39 % 13.876
ALASEEL
4.65
3.320 5.910
4.65 3.10 % 24.181

Companies trading above 3-Month Average

Company Average Volume (3M) Volume Percentage Change
NGC 335,579.00 2,011,717.00 499.48 %
SSP 842,492.00 4,604,280.00 446.51 %
SPIMACO 648,306.00 2,388,758.00 268.46 %
TAKWEEN 715,951.00 2,463,099.00 244.03 %
ALASEEL 2,758,617.00 9,056,598.00 228.30 %
JOUF CEMENT 169,917.00 549,768.00 223.55 %
JADWA REIT ALHARAMAIN 120,275.00 385,129.00 220.21 %
GACO 480,791.00 1,482,672.00 208.38 %
WAFRAH 730,206.00 2,239,655.00 206.72 %
DAR ALARKAN 6,081,451.00 15,720,642.00 158.50 %
More

Companies achieved the highest and lowest closings in 52 weeks

Company Price Change 52 Weeks
ALBABTAIN 32.90 124.14 %
ALKHALEEJ TRNG 33.25 113.14 %
AMIANTIT 26.60 108.66 %
TAWUNIYA 151.60 104.64 %
SAVOLA GROUP 57.60 103.89 %
ALRAJHI TAKAFUL 74.00 87.25 %
LUBEREF 164.80 56.36 %
BAHRI 27.65 54.46 %
MEPCO 46.60 53.29 %
ALINMA 35.60 52.92 %
BUPA ARABIA 233.60 52.48 %
SULAIMAN ALHABIB 336.60 41.07 %
LAZURDE 17.16 32.20 %
ALHOKAIR GROUP 2.96 28.92 %
SRMG 243.00 28.57 %
ALBILAD 40.08 24.01 %
YAQEEN 30 52.50 16.80 %
ALAWWAL MT30 48.98 13.64 %

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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
82.26
(0.46) (0.55 %)
Nymex
80.00
(0.13) (0.16 %)
Natural Gas
2.26
0.14 6.56 %
Gold
2,395.32
(3.20) (0.13 %)
Silver
29.30
0.00 (0.01 %)
High Grade Copper
4.20
(0.04) (0.86 %)
Iron Ore
108.45
(0.28) (0.26 %)
Aluminum
2,279.50
(33.00) (1.43 %)
LEAD
2,083.00
(38.00) (1.79 %)
Zinc
2,736.00
(38.00) (1.37 %)
Steel
664.00
0.00 0.00 %
Wheat (CBOT)
544.50
1.40 0.26 %
Corn (CBOT)
413.75
8.60 2.12 %
Coffee (ICEUS)
243.45
5.10 2.15 %
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) ($)
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Fujairah Fuel Pric (mt) ($)
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VLCC "TC/1Year" ($)
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MR Atlantic ($)
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Dry Bulk Panamax ($)
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