SABIC stock represents the biggest weight on the Saudi Index, at 8.6 percent in the 3rd quarter

28/09/2014 Argaam Special

The stock of Saudi Arabian Basic Industries Corp (SABIC) has the biggest weight on the Saudi index, representing 8.61 percent of the index in the 3rd quarter compared with 8.45 percent in the 2nd quarter, according to Tadawul report on free-floating shares.

Al-Rajhi bank came second for the first time in 7 quarters, with 8.37 percent, compared with 8.80 percent in the 2nd quarter.

Tadawul index calculates the weights based on the securities that can be traded on the index, excluding owners of 10 percent or more of the shares of the listed companies,

Al-Inma bank advanced to the 8th position, while al- Bilad bank was, for the first time, one of the top 20 companies on the index by stock weight.

Top 20 companies on the Index by stock weight (closing Sep, 25, 2014)

Change%

Closing price (SAR)

Company

Number

8.61%

131.36

SABIC

1

8.37%

71.46

AlRajhi

2

4.14%

90.37

EtihadEtisalatCo

3

3.52%

85.49

SavolaGroup

4

3.05%

20.84

ArriyadhDevelopmentCo.

5

3.04%

54.90

JabalOmarDevelopmentCompany

6

2.91%

46.84

Samba

7

2.55%

23.87

AlinmaBank

8

2.49%

37.30

BanqueSaudiFransi

9

2.48%

74.12

SaudiTelecom

10

2.28%

38.00

Tansnee

11

1.99%

59.50

SABB

12

1.99%

163.49

SAFCO

13

1.86%

201.23

Jarir

14

1.73%

80.98

AlmaraiCompany

15

1.69%

33.68

ArabNationalBank

16

1.56%

116.48

SaudiCementCompany

17

1.54%

38.26

SaudiIndustrialInvestmentGroup

18

1.53%

72.01

Yansab

19

1.52%

52.57

BankAlBilad

20

 

Northern Cement Co’s free-float shares increased to 87.9 percent in the 3rd quarter. While Methanol Chemicals Co (Chemanol) increased its free-float shares to 100 percent.

Companies’ shares with the most increase in Q3-2014

Change

Q3-2014

Q2-2014

Company

+37.90%

87.90%

50.00%

NorthernRegionCementCompany

+20.84%

87.41%

66.57%

NationalGypsumCompany

+13.93%

68.58%

54.66%

Atheeb

+12.38%

94.38%

82.00%

Al-AhleiaHoldingCompany

+11.25%

100.00%

88.75%

Chemanol

+10.00%

65.00%

55.00%

GulfGeneralCooperativeInsuranceCompany

+3.06%

70.81%

67.75%

SolidaritySaudiTakafulCo

+1.39%

61.52%

60.13%

Saudivitrifiedclaypipesco.

+1.39%

88.59%

87.20%

AlujainCorporation

+1.07%

96.88%

95.81%

DarAlarkanRealEstateDevelopmentCompany

+0.98%

69.99%

69.01%

AlRajhi

+0.53%

63.83%

63.29%

Budget-Saudi

+0.33%

31.28%

30.96%

HerfyFoodServicesCo

+0.29%

78.36%

78.07%

AlkhaleejTrainingandEducationCompany

+0.25%

57.78%

57.53%

Jabal Omar Development Company

+0.02%

%27.61

27.59%

SaudiHollandiBank

%0.004 +

%32.50

%32.49

SABB

 
 

Companies’ shares with the most Decrease in Q3-2014

Change (%)

Q3-2014

Q2-2014

Company

(13.08%)

52.30%

65.38%

Bahri

(9.55%)

60.72%

70.28%

TaibaHoldingCo.

(1.04%)

48.20%

49.24%

SADAFCO

(0.80%)

73.34%

74.13%

SaudiAdvancedIndustriesCo.

(0.06%)

77.21%

77.27%

FitaihiHoldingGroup

 

The free-float stock includes securities that can be traded on Tadawul excluding stock owned by government and its institutions, foreign partner, founder partner during restriction period and owners of 10 percent of more of the listed companies..

      


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