Calendar

What to watch for in Saudi market this week?

    Tasnee posts weak results for Q1 2024, TP cut: AlJazira Capital

    Eastern Cement’s net profit beats forecast, rating unchanged: AlJazira Capital

    Value Traded7,310,676,355
    Open12,464.26
    Prev. Close12,460.11
    High12,467.88
    Low12,284.41
    YTD 2.65 %
    Transactions 553,323
    Volume 295,864,982
    Market Cap (Million) 3,428,807.80
    Company Price Change Price Earnings
    Company Price Change Price Earnings
    GULF UNION ALAHLIA 22.68 (10.00 %) 8.92
    ACIG 18.98 (8.13 %) 8.71
    ALETIHAD 25.95 (7.98 %) 12.44
    ACWA POWER 406.20 (7.43 %) More than 50
    ALBAHA 0.13 (7.14 %) More than 50
    ARABIAN SHIELD 23.00 (6.50 %) 31.59
    SAICO 20.90 (5.77 %) 8.82
    ALDREES 114.80 (5.75 %) 39.90
    SALAMA 33.35 (5.52 %) 13.00
    WATANIYA 30.25 (5.47 %) 14.31

    Major Shareholder Changes 07/05/2024

    Company / Shareholder Current Holding Prev. Holding Change Note
    Alwasail Industrial Co.
    Nasser A. Al-Mushaiqah
    12.07% 11.68% 0.39%
    Amlak International Finance Co.
    dallah albaraka inves co
    9.76% 9.80% (0.04%)
    Riyadh Steel Co.
    Ahmed Hassan Ahmed Fetaihi
    14.18% 14.30% (0.12%)
    Enma AlRawabi Co.
    musa ibrahim saad al musa
    6.23% 6.59% (0.36%)
    Tihama Advertising and Public Relations Co.
    Noghaimech Fahad Abdelhaddi Alaadjami
    6.91% 8.03% (1.12%)
    Fund NAV Currency YTD Return
    AL RAJHI MID/SMALL-CAP FUND 912,765,794.00 Riyal 29.24%
    Riyad Emaar Fund 16,227,672.00 Riyal 26.87%
    Al Rajhi Inclusion Fund 345,839,468.00 Riyal 24.02%
    ANB Capital Opportunistic Fund 48,527,350.00 Riyal 23.57%
    Osool & Bakheet Parallel Market Equity Trading Fund 44,690,101.00 Riyal 23.30%
    AL RAJHI MOMENTUM FUND 351,171,068.00 Riyal 23.05%
    Derayah FreeStyle Saudi Equity fund 1,350,327,001.00 Riyal 22.90%
    Al Rajhi Freestyle Saudi Equity Fund 1,077,135,513.00 Riyal 22.87%
    DERAYAH SAUDI EQUITIES FUND 433,106,351.00 Riyal 22.12%
    SAB INVEST GCC CONVENTIONAL EQUITY FUND 18,812,700.00 Riyal 20.50%

    Calendar

    Event Company
    General Assembly SAUDI RE
    General Assembly FITAIHI GROUP
    Key Events Rasan Technology

    Latest Analyst Estimates

    Date Company Research firm Rating
    9 May STC SNB Capital Overweight
    9 May SIIG U-Capital Hold
    9 May TAWUNIYA U-Capital Overweight
    9 May ADVANCED U-Capital Aggregate
    9 May TASNEE AlJazira Capital Neutral
    Date Project Name Company Status
    30/04/2024 LADUN , Cheval Collection International Announced
    28/04/2024 Educational Complexes-Tilal Al Riyadh Residential Community ARDCO , ALAKARIA , Riyadh Holding Announced
    07/04/2024 Educational Complex-Al-Qairawan District NCLE Announced
    05/03/2024 SPM , TOSCOTEC Under Study
    28/02/2024 ALKATHIRI , The Luxury Yacht of Industry Announced

    Mergers And Acquisitions

    Date First Party Second Party Related Parties Value (Million) Type Status More
    20240429 29-04-2024 MAADEN MWSPC Mosaic - Acquisition Negotiation
    20240422 22-04-2024 PIF TAWAL STC 8,700.00 Acquisition Certain
    20240329 29-03-2024 Bank Alfalah Limited-Pakistan SBL SNB - Acquisition Negotiation
    20240328 28-03-2024 NASEEJ Etmam Arabia Construction - - Acquisition Negotiation
    20240226 26-02-2024 DALLAH HEALTH Al-Ahsa Medical Services
    Al Salam Medical Services
    AYYAN - Acquisition Negotiation