TASI rises 0.6% to 12,602 points, turnover at SAR 7.4B

27/02/2024 Argaam

Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 0.6%, or 70 points, higher at 12,602 points today, Feb. 27.

 

Total turnover reached nearly SAR 7.4 billion.

Market Index

Al Rajhi Bank and Saudi Aramco rose less than 1% to SAR 89.90 and SAR 31.95, respectively.

 

ACWA Power, Bank Albilad, Maaden, SABIC, Elm, Dar Al Arkan, and Saudi Kayan increased between 1% and 3%.

 

Avalon Pharma surged 30% on its debut to close at 106.60. Less than 9,000 shares traded valued below SAR 1 million.

 

SAB closed at SAR 40.75 (+1%) after the bank board of directors recommended repurchasing up to 4.7 million shares and allocating them to the employee stock incentive plan.

 

Saudi Steel Pipe and BATIC went almost limit up to close at SAR 45.95 and SAR 2.56, respectively.

Company Prices

Company Price Change Change (%) Events
ALRAJHI 89.90 0.40 0.45 % -
SAB 40.75 0.45 1.12 % -
SABIC 79.90 1.10 1.40 % -
ATHEEB TELECOM 100.00 4.20 4.38 % -
CARE 205.00 1.80 0.89 % -
SNB 42.30 (0.05) (0.12 %) -
SAUDI ARAMCO 31.95 0.15 0.47 % -

On the other hand, Amiantit was the top decliner, falling 5% to SAR 29.85 amid trading of about two million shares.

 

NADEC, Yamama Cement, Dallah Health, Seera and NCLE declined between 2% and 3%.

 

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

Number of High/Low companies

Today

175
54

52 Weeks

181
52

Market Movers

Company 52 Weeks Range Price Change Price Earnings
SSP
45.95
19.00 67.00
45.95 9.93 % 13.54
BATIC
2.56
1.73 3.38
2.56 9.87 % NEG
TECO
0.76
0.58 1.04
0.76 8.57 % NEG
FITAIHI GROUP
3.73
2.61 4.56
3.73 6.57 % NEG
SPM
57.91
22.73 70.70
57.91 5.81 % 29.43
ALASEEL
4.82
3.33 5.91
4.82 4.56 % 25.07
ALYAMAMAH STEEL
34.55
20.26 35.60
34.55 4.54 % NEG
ALMUNAJEM
99.50
55.00 99.90
99.50 4.52 % 21.16
SADR
3.50
2.74 5.28
3.50 4.48 % NEG
ATHEEB TELECOM
100.00
17.19 114.20
100.00 4.38 % 16.50

Companies trading above 3-Month Average

Company Average Volume (3M) Volume Percentage Change
BATIC 7,107,779.00 38,902,710.00 447.33 %
FITAIHI GROUP 2,594,749.00 13,655,485.00 426.27 %
SSP 1,050,915.00 5,059,415.00 381.43 %
TECO 28,385,259.00 96,861,821.00 241.24 %
SALAMA 534,079.00 1,541,106.00 188.55 %
JAMJOOM PHARMA 588,447.00 1,696,348.00 188.28 %
BSF 905,146.00 2,529,023.00 179.40 %
SPM 619,176.00 1,594,207.00 157.47 %
ALASEEL 2,927,237.00 7,323,775.00 150.19 %
ACWA POWER 326,400.00 813,198.00 149.14 %
More

Companies achieved the highest and lowest closings in 52 weeks

Company Price Change 52 Weeks
SPM 57.91 149.32 %
ALBABTAIN 34.90 141.49 %
SSP 45.95 137.84 %
MESC 24.08 137.01 %
ALKHALEEJ TRNG 35.35 127.48 %
TAWUNIYA 161.00 115.63 %
MEDGULF 16.98 106.32 %
NASEEJ 73.60 81.28 %
TADAWUL GROUP 239.00 70.96 %
ALMUNAJEM 99.50 70.67 %
GASCO 84.80 62.76 %
ALYAMAMAH STEEL 34.55 54.79 %
ALBILAD US TECH 15.38 47.04 %
ALHOKAIR GROUP 3.19 42.92 %
ALBILAD 40.88 39.05 %
BATIC 2.56 14.80 %
ALAWWAL MT30 49.20 14.15 %

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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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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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