TASI rises 0.2% to 12,608, turnover at SAR 7.4B

27/03/2024 Argaam

Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 0.2%, or 22 points, higher at 12,608 points today, March 27.

 

Total turnover reached almost SAR 7.4 billion.

Market Index

Saudi Aramco rose less than 1% to SAR 30.80.

 

Astra jumped 8% to SAR 184.60, recording the highest close since its listing. The company announced a cash dividend of SAR 2.5 per share for 2023.

 

Modern Mills surged 30% on its debut to close at SAR 62.40 (+SAR14.40, compared to the listing price of SAR 48). Nearly 830,000 shares valued at about SAR 52 million were traded.

 

Advanced, Saudi Cable and SISCO rose by nearly 10%.

Company Prices

Company Price Change Change (%) Events
ALRAJHI 84.30 (0.20) (0.24 %) -
ANB 21.78 0.11 0.52 % -
SABIC 77.00 0.00 0.00 % -
TAIBA 37.05 (0.75) (1.98 %) -
MAADEN 51.50 1.50 3.00 % -
ASLAK 34.10 0.65 1.94 % -
KINGDOM 7.35 (0.04) (0.54 %) -
ASTRA INDUSTRIAL 184.60 14.00 8.21 % -
SAUDI RE 25.55 (0.05) (0.20 %) -
SNB 38.90 0.00 0.00 % -
SAUDI ARAMCO 30.80 (0.05) (0.16 %) -

Number of High/Low companies

Today

160
64

52 Weeks

176
57

Market Movers

Company 52 Weeks Range Price Change Price Earnings
SAIC
41.55
23.70 41.55
41.55 9.92 % 16.75
SAUDI CABLE
101.00
62.90 101.00
101.00 9.90 % NEG
SISCO HOLDING
37.80
23.18 39.05
37.80 9.88 % 43.26
RED SEA
27.90
19.90 38.15
27.90 8.56 % NEG
ASTRA INDUSTRIAL
184.60
60.40 186.80
184.60 8.21 % 31.07
MEDGULF
22.54
7.53 27.35
22.54 7.44 % 11.75
ALBABTAIN
38.80
14.73 45.60
38.80 7.33 % 20.65
GULF UNION ALAHLIA
23.32
8.72 23.56
23.32 6.97 % 8.56
ALYAMAMAH STEEL
38.70
20.26 39.40
38.70 6.76 % NEG
CHUBB
42.35
16.52 42.80
42.35 6.14 % 51.19

On the other hand, Al Rajhi Bank declined less than 1% to SAR 84.30.

 

Taiba fell 2% to SAR 37.05, after the company reported losses of SAR 33.7 million for Q4 2023.

 

Alinma Bank, Jabal Omar, Riyad Bank, Sulaiman Al Habib and MARAFIQ edged down between 1% and 3%.

 

Alkhaleej Training was the top decliner, falling almost 10% to SAR 31.85, with about 4 million shares changing hands

 

First Mills closed at SAR 83.40 (-5%).

 

 

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

Companies trading above 3-Month Average

Company Average Volume (3M) Volume Percentage Change
SAIC 2,004,005.00 11,434,502.00 470.58 %
ALKHALEEJ TRNG 1,028,392.00 3,834,094.00 272.82 %
ALSAGR INSURANCE 919,208.00 3,286,377.00 257.52 %
RED SEA 162,623.00 544,899.00 235.07 %
RIYAD REIT 191,159.00 545,557.00 185.39 %
GULF UNION ALAHLIA 540,892.00 1,362,806.00 151.96 %
ALBABTAIN 460,086.00 1,146,749.00 149.25 %
CHEMICAL 8,592,379.00 20,989,573.00 144.28 %
KEC 866,962.00 2,001,959.00 130.92 %
CHUBB 658,164.00 1,417,948.00 115.44 %
More

Companies achieved the highest and lowest closings in 52 weeks

Company Price Change 52 Weeks
ASTRA INDUSTRIAL 184.60 202.13 %
SPM 71.09 174.39 %
ALSAGR INSURANCE 22.38 167.32 %
GULF UNION ALAHLIA 23.32 165.00 %
ALBABTAIN 38.80 154.84 %
CHUBB 42.35 152.38 %
ALMUNAJEM 111.80 97.18 %
NASEEJ 82.70 86.05 %
ALYAMAMAH STEEL 38.70 75.11 %
SAIC 41.55 69.32 %
SRMG 320.00 61.62 %
MCDC 108.00 51.47 %
BUPA ARABIA 250.60 48.28 %
ALSAIF GALLERY 11.72 39.36 %
RED SEA 27.90 6.49 %

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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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MR Atlantic ($)
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