TASI rises 6% between Eid al-Adha holidays 2021/2022

11/07/2022 Argaam Special
Tadawul trading screen

Tadawul trading screen


Tadawul All-Share Index (TASI) rose 5.8% or 662 points between Eid al-Adha holidays of 2021/2022.

The stock closed the last session before Eid al-Adha holiday at 11,417 points, compared with 10,795 points in the same period a year earlier.

The most important events during this period included lifting the COVID-19 precautionary measures and rise of oil prices to a record level.

In addition, the Saudi Central Bank (SAMA) raised its reverse repo rate to 175 basis points (bps) and the repo rate to 225 bps.


The index has advanced almost 1.2% or 139 points since the beginning of 2022 and until Eid al-Adha holiday.

The following table indicates the performance of TASI between Eid al-Adha holidays since 2004:

 

Performance of TASI between Eid al-Adha holidays

Period

Opening

Close

Change (Points)

Change

2004-2005

4584

9187

4603

+100%

2005-2006

9187

7933

(1254)

(14%)

2006-2007

7933

11350

3417

+43%

2007-2008

11350

4655

(6695)

(59%)

2008-2009

4655

6356

1701

+37%

2009-2010

6356

6444

88

+1%

2010-2011

6444

6216

(228)

(4%)

2011-2012

6216

6791

575

+9%

2012-2013

6791

7983

1192

+18%

2013-2014

7983

10851

2869

+36%

2014-2015

10851

7443

(3408)

(31%)

2015-2016

7443

6177

(1266)

(17%)

2016-2017

6177

7259

1082

+18%

-20172018

7259

7867

608

+8%

2018-2019

7867

8550

683

+9%

2019-2020

8550

7459

(1091)

(13%)

2020-2021

7459

10795

3336

+45%

2021 - 2022

10795

11417

622

+6%

 

Top Gainers

 

Middle East Paper Co. (MEPCO) topped the 31 gainers between Eid al-Adha holidays, leaping 60%. It was followed by Alinma Bank with a rise of 56%.  

 

 

Saudi Arabian Mining Co. (Maaden), Saudi Investment Bank (SAIB), Bank Albilad, Sahara International Petrochemical Co. (Sipchem), Saudi British Bank (SABB) and Arab National Bank (ANB) rose by 36-52%.

 

The following table indicates the top gainers between Eid al-Adha holidays:

 

Top Gainers*

Company

July 15, 2022 (SAR)

July 6, 2022 (SAR)

Change

MEPCO

35.00

56.00

60%

Alinma Bank

21.38

33.30

56%

Dallah Healthcare

75.00

115.00

53%

Maaden

32.10

48.70

52%

SAIB

12.88

19.52

52%

Bank Albilad

27.25

40.90

50%

Sipchem

31.60

47.35

50%

Shams

118.38

172.80

46%

SABB

30.35

41.55

37%

ANB

22.12

30.00

36%

Saudi Fransi

37.00

48.30

31%

Mouwasat

173.00

225.00

30%

Riyad Bank

25.95

33.40

29%

Al Hammadi

30.35

38.20

26%

Leejam Sports

74.50

90.80

22%

SNB

55.50

67.40

21%

Al Rajhi Bank

67.64

81.60

21%

Saudi Aramco

31.74

37.95

20%

SRMG

152.20

180.60

19%

Sulaiman Al Habib

161.00

191.00

19%

Bupa Arabia

134.20

158.00

18%

Chemanol

28.95

32.85

13%

Bank AlJazira

19.34

21.82

13%

SABIC Agri-Nutrients Co.

120.80

133.00

10%

Mobily

31.90

34.80

9%

Dar Al Arkan

10.22

10.84

6%

Ataa Educational

57.90

61.20

6%

Makkah Construction

67.90

71.20

5%

Development Works Food

172.49

175.00

1%

Batic

24.96

25.30

1%

Astra

46.90

47.00

0.2%

*The capital changes were taken into account

 

Top losers

 

Amana Insurance led decliners, falling 68%. Saudi Arabian Amiantit Co., Saudi Industrial Services Co. (SISCO), Raydan Food Co., Arabian Pipes and Saudi Enaya Cooperative insurance Co. dropped by 60-63%.

 

Top Losers

Company

July 15, 2021 (SAR)

July 6, 2022 (SAR)

Change

Amana Insurance

36.57

11.70

(68%)

Amiantit

88.85

32.80

(63%)

SISCO

50.40

19.70

(61%)

Raydan

31.05

12.28

(60%)

Arabian Pipes

86.76

34.35

(60%)

Enaya

45.10

17.98

(60%)

Baazeem

151.80

61.50

(59%)

Arab Sea

149.00

61.40

(59%)

Shaker

41.21

17.02

(59%)

Fawaz Alhokair

42.26

17.92

(58%)

Zamil Industrial

42.30

17.94

(58%)

Naseej

37.78

16.32

(57%)

Alhokair Group

24.26

10.66

(56%)

Salama

27.60

12.20

(56%)

Malath  Insurance

33.15

14.66

(56%)

Red Sea

29.75

13.36

(55%)

SVCP

109.60

49.35

(55%)

SPIMACO

58.30

26.50

(55%)

Wataniya

32.75

15.00

(54%)

Gulf General

19.00

8.78

(54%)

Tabuk Agricultural

39.60

18.56

(53%)

Anaam Holding

42.82

20.10

(53%)

Al Abdullatif

36.10

17.10

(53%)

SABB Takaful

34.00

16.16

(52%)

SACO

72.00

34.25

(52%)

Etihad Atheeb

84.51

40.75

(52%)

Thob Al Aseel

65.34

32.40

(50%)

Tihama

192.91

95.70

(50%)

Takween

23.40

11.62

(50%)

Wafrah

66.20

33.00

(50%)

*The capital changes were taken into account 

 

Performance of Blue Chips

 

The blue chips showed varied performance, as Saudi Aramco and Al Rajhi Bank rose by 20% and 21%, respectively, while Saudi Basic Industries Corp. (SABIC) and stc fell by 18 and 22%, respectively.

 

Alinma Bank was the best performer, rising 56%, while Jabal Omar Development Co. was the biggest decliner, falling 29%.

 

Performance of Blue Chips

Company

July 15, 2021 (SAR)

July 6, 2022 (SAR)

Change

Saudi Aramco

31.74

37.95

20%

Al Rajhi Bank

67.64

81.60

21%

SNB

55.50

67.40

21%

SABIC

119.00

97.60

(18%)

stc

126.20

98.00

(22%)

Riyad Bank

25.95

33.40

29%

Alinma Bank

21.38

33.30

56%

SABB

30.35

41.55

37%

Saudi Fransi

37.00

48.30

31%

Maaden

32.10

48.70

52%

Bank Albilad

27.25

40.90

50%

Sipchem

31.60

47.35

50%

Almarai

58.90

51.50

(13%)

SABIC Agri-Nutrients Co.

120.80

133.00

10%

ANB

22.12

30.00

36%

Saudi Electricity

24.90

23.94

(4%)

Mobily

31.90

34.80

9%

Jabal Omar

33.90

24.12

(29%)

Savola

41.00

34.75

(15%)

*The capital changes were taken into account

 

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