TASI rises 0.1% to 12,578 points, turnover at SAR 9.7B

07/03/2024 Argaam

Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 0.1%, or 16 points, higher at 12,578 points today, March 7.

 

Total turnover reached nearly SAR 9.7 billion.

Market Index

Saudi Aramco rose less than 1% to SAR 31.75.

 

Amlak gained 3% to SAR 14.62. The company’s board recommended increasing capital by 12.5% ​​through a bonus share issue.

 

Electrical Industries and East Pipes were among the top gainers, rising more than 8% to close at an all-time high of SAR 4.75 and SAR 135.  

 

Alandalus closed at SAR 25 (+2%).

Company Prices

Company Price Change Change (%) Events
TAWUNIYA 150.000 (6.000) (3.85 %) -
ALRAJHI 85.800 (0.600) (0.69 %) -
SAUDI CEMENT 46.550 0.300 0.65 % -
SABIC 78.200 (0.700) (0.89 %) -
THIMAR 49.265 (0.693) (1.39 %) -
SIPCHEM 30.800 0.350 1.15 % -
MESC 24.900 (1.000) (3.86 %) -
EXTRA 96.700 0.100 0.10 % -
AMLAK 12.983 0.391 3.10 % -
SNB 40.000 0.000 0.00 % -
SAUDI ARAMCO 31.750 0.050 0.16 % -
MARAFIQ 74.000 (0.500) (0.67 %) -
SACO 38.200 (2.050) (5.09 %) -
RIYADH CABLES 115.400 (1.400) (1.20 %) -
ALANDALUS 25.000 0.560 2.29 % -
ALMUNAJEM 104.600 1.200 1.16 % -

On the other hand, Tawuniya fell 4% to SAR 150, after Q4 2023 profit fell to SAR 89.80 million.

 

CATRION, SASCO, Amiantit, Al Arabia, Bawan, Ataa, and Wafra ended their trading today with a decline of rates ranging between 2 and 5%.

 

SACO closed at SAR 38.20 (-5%). The company reported losses of SAR 24.3 million in Q4 2023.

 

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

Number of High/Low companies

Today

105
122

52 Weeks

177
56

Market Movers

Company 52 Weeks Range Price Change Price Earnings
EIC
4.75
1.19 6.16
4.75 8.70 % 29.45
EAST PIPES
135.00
43.90 159.20
135.00 8.17 % 34.05
ALKHALEEJ TRNG
36.00
15.74 38.75
36.00 6.04 % More than 100
AVALON PHARMA
188.00
90.20 197.60
188.00 5.50 % 34.61
ALUJAIN
45.45
34.70 51.50
45.45 5.21 % More than 100
SADAFCO
396.00
232.00 407.00
396.00 4.98 % 30.78
SGS
51.90
21.26 55.30
51.90 4.64 % More than 100
SSP
61.00
19.34 69.60
61.00 4.27 % 17.98
LUBEREF
171.80
100.60 174.40
171.80 4.25 % 19.20
AICC
16.10
10.60 16.22
16.10 3.87 % 12.99

Companies trading above 3-Month Average

Company Average Volume (3M) Volume Percentage Change
ALINMA HOSPITALITY REIT 331,687.00 5,252,651.00 1,483.62 %
SGS 1,304,139.00 9,837,800.00 654.35 %
ALABDULLATIF 466,949.00 2,187,087.00 368.38 %
BAAZEEM 398,583.00 1,807,309.00 353.43 %
JAZIRA TAKAFUL 308,627.00 1,291,197.00 318.37 %
AICC 666,518.00 2,481,956.00 272.38 %
AMLAK 151,833.00 562,115.00 270.22 %
MEDGULF 742,602.00 2,696,838.00 263.16 %
SADR 4,073,246.00 13,780,164.00 238.31 %
ALBAHA 17,488,520.00 56,618,721.00 223.75 %
More

Companies achieved the highest and lowest closings in 52 weeks

Company Price Change 52 Weeks
EIC 4.75 291.82 %
EAST PIPES 135.00 192.52 %
ALRAJHI TAKAFUL 108.60 175.63 %
MEDGULF 19.60 144.39 %
SGS 51.90 139.83 %
ACWA POWER 293.21 111.37 %
SHAKER 30.68 92.27 %
WALAA 25.65 88.60 %
TADAWUL GROUP 256.00 80.28 %
SADAFCO 396.00 65.41 %
LUBEREF 171.80 56.18 %
WATANIYA 24.90 53.89 %
BUPA ARABIA 240.20 52.60 %
SAICO 17.64 48.99 %
AICC 16.10 47.17 %
OASIS 46.20 43.48 %
AMANA INSURANCE 13.84 43.27 %
ARABIAN SHIELD 22.74 42.13 %
ETIHAD ETISALAT 56.00 38.79 %
ALLIANZ SF 19.66 33.74 %
SRMG 258.80 33.40 %
JAZIRA TAKAFUL 18.48 31.55 %
BAAZEEM 74.70 25.55 %
TAIBA 33.00 24.53 %
ALBILAD GOLD 11.58 17.21 %

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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
82.31
(0.41) (0.49 %)
Nymex
80.06
(0.07) (0.09 %)
Natural Gas
2.26
0.13 6.23 %
Gold
2,393.12
(5.40) (0.22 %)
Silver
29.09
(0.11) (0.38 %)
High Grade Copper
4.19
(0.05) (1.07 %)
Iron Ore
108.45
(0.28) (0.26 %)
Aluminum
2,277.75
(34.75) (1.50 %)
LEAD
2,084.00
(37.00) (1.74 %)
Zinc
2,736.00
(38.00) (1.37 %)
Steel
685.00
(10.00) (1.45 %)
Wheat (CBOT)
544.50
2.20 0.40 %
Corn (CBOT)
413.75
9.00 2.22 %
Coffee (ICEUS)
243.30
5.00 2.10 %
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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