TASI falls 1.6% to 12,500 points, turnover at SAR 10.2B

16/04/2024 Argaam

Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 1.6%, or 208 points, lower at 12,500 points today, April 16.

 

Total turnover reached nearly SAR 10.2 billion.

Market Index

Al Rajhi Bank and Saudi Aramco declined to SAR 80.40 (-3%) and SAR 29.90 (-1%), respectively.

 

Advanced, Elm, Tadawul Group, Al Rajhi Takaful, Saudi Kayan and Sipchem declined between 4% and 5%.

 

Al-Jouf Agricultural closed at SAR 53.40 (-3%) after going ex-dividend.

 

Extra fell 4% to close at SAR 98.90 after Q1 2024 net profit rose 11% year-on-year to SAR 93.9 million.

Company Prices

Company Price Change Change (%) Events
ALJOUF 53.40 (1.70) (3.09 %) -
ALRAJHI 80.40 (2.40) (2.90 %) -
SABIC 82.10 (3.60) (4.20 %) -
MAADEN 53.10 0.50 0.95 % -
EXTRA 98.90 (3.70) (3.61 %) -
SNB 38.40 (1.15) (2.91 %) -
SAUDI ARAMCO 29.90 (0.40) (1.32 %) -
MIS 158.00 (0.20) (0.13 %) -

On the other hand, Red Sea went limit up to close at SAR 33 with about 1.1 million shares traded.

 

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

Number of High/Low companies

Today

44
193

52 Weeks

146
87

Market Movers

Company 52 Weeks Range Price Change Price Earnings
RED SEA
33.00
19.90 38.15
33.00 10.00 % NEG
ATHEEB TELECOM
116.80
17.89 118.00
116.80 6.57 % 19.27
SSP
79.80
22.86 94.00
79.80 4.59 % 23.52
SAUDI CABLE
81.10
62.90 109.40
81.10 4.24 % NEG
SALAMA
34.65
10.08 35.10
34.65 3.28 % 13.51
BATIC
2.59
1.73 3.38
2.59 2.78 % NEG
NADEC
31.55
12.73 36.05
31.55 2.44 % 31.51
SAUDI CERAMICS
28.93
18.15 29.90
28.93 2.41 % NEG
SHARQIYAH DEV
19.50
14.90 26.30
19.50 2.31 % NEG
MESC
31.40
12.50 34.40
31.40 2.28 % 25.67

Companies trading above 3-Month Average

Company Average Volume (3M) Volume Percentage Change
SAUDI CERAMICS 1,506,196.00 7,486,098.00 397.02 %
RED SEA 268,907.00 1,115,664.00 314.89 %
AMAK 675,188.00 2,375,636.00 251.85 %
ALHAMMADI 910,228.00 3,008,593.00 230.53 %
MULKIA REIT 186,258.00 584,529.00 213.83 %
SAUDI ELECTRICITY 1,411,680.00 3,613,015.00 155.94 %
YAQEEN PETROCHEMICAL 4,013.00 10,249.00 155.39 %
ATHEEB TELECOM 2,157,770.00 5,134,257.00 137.94 %
SAPTCO 1,367,724.00 3,100,138.00 126.66 %
EXTRA 584,741.00 1,301,063.00 122.50 %
More

Companies achieved the highest and lowest closings in 52 weeks

Company Price Change 52 Weeks
ATHEEB TELECOM 116.80 514.36 %
SALAMA 34.65 243.62 %
SPM 75.73 183.33 %
ACWA POWER 416.17 181.76 %
ALBABTAIN 42.10 148.65 %
CHUBB 43.30 144.63 %
NASEEJ 85.90 83.16 %
SAIC 45.80 77.52 %
ALYAMAMAH STEEL 42.60 74.88 %
SISCO HOLDING 40.00 45.45 %
RED SEA 33.00 22.45 %
ALBILAD GOLD 12.83 17.71 %
MOUWASAT 140.00 14.01 %
AMAK 63.00 11.53 %
SAUDI CERAMICS 28.93 10.89 %
BJAZ 16.99 9.71 %

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