Calendar

Saudi insurance sector's Q1 profit surges 50%

SAB maintains 2024 guidance

A look at Saudi insurance sector’s P/E ratio in Q1

A look at SNB's Q1 2024 financial performance

Value Traded6,078,962,770
Open12,154.65
Prev. Close12,198.38
High12,179.43
Low12,059.17
YTD 1.32 %
Transactions 478,124
Volume 207,316,548
Market Cap (Million) 3,394,508.45
Company Price Change Price Earnings
ALBAHA 0.14 7.69 % More than 50
AMAK 63.80 7.05 % More than 50
MEDGULF 25.40 6.72 % 13.92
ALMUNAJEM 112.00 5.26 % 21.38
CHEMANOL 16.46 4.71 % NEG
THEEB 67.00 3.88 % 20.54
WALAA 25.80 3.70 % 13.42
FITNESS TIME 213.60 3.69 % 28.85
ALOMRAN 37.75 3.42 % NEG
ATHEEB TELECOM 116.80 3.36 % 19.27
Company Price Change Price Earnings
CENOMI RETAIL 10.06 (8.04 %) NEG
ALBABTAIN 41.35 (7.39 %) 12.60
SHARQIYAH DEV 20.20 (4.45 %) More than 50
ALARABIA 222.40 (4.14 %) 33.88
EAST PIPES 153.20 (4.13 %) 38.64
SOLUTIONS 286.60 (4.08 %) 27.71
BAWAN 43.40 (3.77 %) 19.93
DWF 131.00 (3.68 %) NEG
NCLE 156.00 (3.58 %) More than 50
AWPT 228.60 (3.54 %) 38.01

Major Shareholder Changes 16/05/2024

Company / Shareholder Current Holding Prev. Holding Change Note
Mulkia Investment Co.
Mulkiya Trading Company
16.92% 16.20% 0.72%
Almujtama Alraida Medical Co.
5.26% 5.16% 0.10%
Alkhabeer Growth and Income Traded Fund
Alkhabeer Growth & Income Traded Fund
28.48% 28.44% 0.04%
Alwasail Industrial Co.
Abdulaziz A. Al-Mushaikh
12.65% 12.66% (0.01%)
Tihama Advertising and Public Relations Co.
Noghaimech Fahad Abdelhaddi Alaadjami
7.93% 8.01% (0.08%)
Alwasail Industrial Co.
Nasser A. Al-Mushaiqah
12.31% 12.42% (0.11%)
Tabuk Cement Co.
Khalid Saleh Al-Shithry
15.58% 16.14% (0.56%)
Fund NAV Currency YTD Return
AL RAJHI MID/SMALL-CAP FUND 914,960,946.00 Riyal 24.20%
Osool & Bakheet Parallel Market Equity Trading Fund 45,005,354.00 Riyal 23.92%
Riyad Emaar Fund 16,572,599.00 Riyal 21.85%
Alawwal Invest Saudi Industrial Companies Equity Fund 59,297,184.00 Riyal 19.88%
AL RAJHI MOMENTUM FUND 352,293,038.00 Riyal 18.99%
Al Rajhi Inclusion Fund 344,373,628.00 Riyal 18.68%
ANB Capital Opportunistic Fund 49,308,582.00 Riyal 18.53%
Al Rajhi Freestyle Saudi Equity Fund 1,088,780,228.00 Riyal 18.32%
Derayah FreeStyle Saudi Equity fund 1,302,914,580.00 Riyal 17.41%
SAB INVEST GCC CONVENTIONAL EQUITY FUND 18,412,473.00 Riyal 16.90%

Latest Analyst Estimates

Date Company Research firm Rating
20 May ETIHAD ETISALAT Sico Buy
20 May MIS U-Capital Hold
19 May ALHAMMADI U-Capital Hold
19 May BINDAWOOD U-Capital Hold
19 May JAMJOOM PHARMA United Securities Company Buy
Date Project Name Company Status
15/05/2024 SPTC , EIC Announced
13/05/2024 BALADY Announced
30/04/2024 LADUN , Cheval Collection International Announced
28/04/2024 Educational Complexes-Tilal Al Riyadh Residential Community ARDCO , ALAKARIA , Riyadh Holding Announced
28/04/2024 ALMUNAJEM 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