TASI falls 1.4% to 12,284 points, total turnover at SAR 7.3B

09/05/2024 Argaam

Saudi Arabia’s benchmark Tadawul All Share Index (TASI) fell 1.4%, or 176 points, to close at 12,284 points today, May 9.
 
Total turnover reached about SAR 7.3 billion.

Market Index

Al Rajhi Bank fell 1% to SAR 79.50.
 
Advanced closed at SAR 40.05 (-3%). The company reported losses of SAR 58 million in Q1 2024, contrary to market estimates.
 
ACWA Power declined 7% to SAR 406.20 amid profit taking. 
 
Aldrees, Savola, MBC Group, SADAFCO, SASCO, Al Akaria, SRMG and Budget Saudi fell between 3% and 6%.
 
Gulf Union Alahlia went limit down to close at SAR 22.68. 

Company Prices

Company Price Change Change (%) Events
ALRAJHI 79.50 (0.80) (1.00 %) -
SAUDI CABLE 74.60 (1.60) (2.10 %) -
GASCO 86.50 (1.70) (1.93 %) -
SABIC 80.00 (1.40) (1.72 %) -
SIIG 22.24 (0.26) (1.16 %) -
ARDCO 24.10 0.54 2.29 % -
LIVA 20.90 (1.00) (4.57 %) -
ARABIAN SHIELD 23.00 (1.60) (6.50 %) -
SPPC 14.80 (0.20) (1.33 %) -
ADVANCED 40.05 (1.20) (2.91 %) -
GULF UNION ALAHLIA 22.68 (2.52) (10.00 %) -
ALKHALEEJ TRNG 36.60 (0.65) (1.74 %) -
SAUDI RE 28.20 0.60 2.17 % -
SNB 35.90 (0.05) (0.14 %) -
SAUDI ARAMCO 29.85 (0.10) (0.33 %) -
RETAL 9.30 0.47 5.32 % -
JAMJOOM PHARMA 140.00 1.40 1.01 % -
MODERN MILLS 54.40 0.20 0.37 % -
On the other hand,  Retal rose more than 5% to SAR 9.30. The company’s profit rose 50% year-on-year.
 
Saudi Re and Riyadh Development gained 2% to close at SAR 28.20 and SAR 24.10, respectively, following the announcement of Q1 2024 results.
 

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

Number of High/Low companies

Today

42
192

52 Weeks

139
93

Market Movers

Company 52 Weeks Range Price Change Price Earnings
ALBABTAIN
45.75
16.70 46.15
45.75 7.77 % 20.68
RETAL
9.30
7.85 13.40
9.30 5.32 % 20.84
TANMIAH
143.00
81.40 158.00
143.00 5.15 % 37.66
DWF
136.00
91.80 172.00
136.00 4.29 % NEG
MIS
173.00
120.20 178.00
173.00 2.85 % More than 100
ALMUNAJEM
127.40
59.40 128.20
127.40 2.74 % 27.09
ARDCO
24.10
18.58 25.90
24.10 2.29 % 13.84
OASIS
51.30
30.05 52.60
51.30 2.19 % 32.38
SAUDI RE
28.20
15.70 38.35
28.20 2.17 % 17.33
CARE
201.20
93.70 224.00
201.20 2.13 % 37.45

Companies trading above 3-Month Average

Company Average Volume (3M) Volume Percentage Change
RETAL 942,937.00 4,469,545.00 374.00 %
ALKHALEEJ TRNG 1,307,178.00 5,478,710.00 319.13 %
GULF UNION ALAHLIA 800,554.00 3,193,429.00 298.90 %
OASIS 456,512.00 1,702,542.00 272.95 %
UACC 195,740.00 606,887.00 210.05 %
SAUDI RE 1,254,864.00 3,798,764.00 202.72 %
CARE 107,583.00 301,296.00 180.06 %
ARABIAN SHIELD 1,360,484.00 3,719,185.00 173.37 %
ACIG 734,023.00 1,953,808.00 166.18 %
ALETIHAD 503,160.00 1,294,011.00 157.18 %
More

Companies achieved the highest and lowest closings in 52 weeks

Company Price Change 52 Weeks
CHEMICAL 8.84 183.33 %
ALBABTAIN 45.75 164.48 %
ALMUNAJEM 127.40 109.20 %
OASIS 51.30 42.11 %

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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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