TASI falls 1% to 12,435 points, turnover at SAR 10.5B

04/03/2024 Argaam

Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 1%, or 121 points, lower at 12,435 points today, March 4.

 

Total turnover reached nearly SAR 10.5 billion.

Market Index

Saudi Aramco and Al Rajhi Bank declined 1% to SAR 31.20 and SAR 86.40, respectively.

 

Seera fell nearly 10% to SAR 29.55 amid trading of nearly 3 million shares. The company terminated the non-binding term sheet with the Public Investment Fund over the proposed investment in its wholly-owned subsidiary, Almosafer Co.

 

AYYAN, Maharah, Zain KSA, Advanced, Tasnee, Halwani Bros., Tabuk Agricultural and Al Yamamah Steel slipped between 4% and 8%.

 

Alkhaleej Training closed at SAR 33.75 (-10%), with 3.3 million shares worth SAR 120 million traded.

Company Prices

Company Price Change Change (%) Events
ALRAJHI 86.40 (1.30) (1.48 %) -
SABIC 77.70 (0.50) (0.64 %) -
ALAKARIA 19.72 (0.08) (0.40 %) -
SIPCHEM 30.50 0.00 0.00 % -
SEERA 29.55 (3.25) (9.91 %) -
SAUDI RE 25.70 (0.05) (0.19 %) -
SNB 40.50 (1.35) (3.23 %) -
SAUDI ARAMCO 31.20 (0.35) (1.11 %) -
SAL 295.00 14.20 5.06 % -

On the other hand, SAL rose 5% to SAR 295, recording the highest close since listing, after Qq4 2023 results beat market estimates.

 

Saudi Ceramic, ACWA Power, SGS, and Saudi Steel Pipes rose by rates ranging between 2 and 6%.

 

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

Number of High/Low companies

Today

47
186

52 Weeks

174
59

Market Movers

Company 52 Weeks Range Price Change Price Earnings
ALBAHA
0.15
0.120 0.220
0.15 7.14 % NEG
SSP
57.10
19.340 67.000
57.10 5.74 % 16.828
ACWA POWER
276.25
130.938 417.200
276.25 5.41 % More than 100
SAL
295.00
116.600 305.600
295.00 5.06 % 36.654
SAUDI CERAMICS
25.81
18.151 29.900
25.81 3.53 % NEG
TANMIAH
142.60
81.400 148.200
142.60 3.48 % 37.555
SGS
43.80
21.260 54.000
43.80 3.42 % More than 100
NAHDI
146.60
129.000 190.000
146.60 3.39 % 22.419
BAWAN
50.00
26.400 54.500
50.00 2.25 % 22.052
ALARABIA
274.00
111.000 298.400
274.00 1.86 % 42.822

Companies trading above 3-Month Average

Company Average Volume (3M) Volume Percentage Change
WATANIYA 515,461.000 4,400,567.000 753.71 %
ZAIN KSA 4,611,469.000 28,226,457.000 512.09 %
SSP 1,340,753.000 5,693,180.000 324.63 %
RIBL 1,907,398.000 7,690,100.000 303.17 %
SAUDI CERAMICS 1,119,519.000 4,440,688.000 296.66 %
ALKHALEEJ TRNG 859,786.000 3,342,984.000 288.82 %
AYYAN 2,397,989.000 8,585,900.000 258.05 %
FIRST MILLS 557,166.000 1,974,328.000 254.35 %
NAHDI 567,587.000 1,778,449.000 213.34 %
PETRO RABIGH 2,808,579.000 8,781,941.000 212.68 %
More

Companies achieved the highest and lowest closings in 52 weeks

Company Price Change 52 Weeks
APC 122.19 333.10 %
SSP 57.10 175.05 %
ALRAJHI TAKAFUL 94.10 137.63 %
ACWA POWER 276.25 96.59 %
ALBILAD US TECH 15.79 48.12 %
ALBILAD GOLD 11.19 11.23 %

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

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"
-
- -
LPG (mt) ($)
-
- -
Fujairah Fuel Pric (mt) ($)
-
- -
VLCC "TC/1Year" ($)
-
- -
MR Atlantic ($)
-
- -
Dry Bulk Panamax ($)
-
- -
ajax loading