TASI sheds 0.7% to 9,242 points as turnover reaches SAR 13.8 bln
Saudi stocks snapped a two-day winning streak, with the benchmark Tadawul All Share Index (TASI) closing 0.7%, or 68 points, lower at 9,242 points today, March 4, 2021.
Total turnover reached SAR 13.8 billion, with the advance-decline ratio at 73:118.
Market Index
Blue chip SABIC fell 0.9% to close at SAR 106.20.
Alandalus Property slipped 0.2% to SAR 23.96, after Q4 2020 net profit slumped by 63% year-on-year (YoY) to SAR 5.5 million.
Sulaiman Al Habib and Etihad Atheeb slipped 2.8% and 2.2%, respectively.
Alkhorayef Water was the top decliner, falling 3.7% to SAR 104.80.
Company Prices
| Company | Price | Change | Change (%) | Events |
|---|---|---|---|---|
| SABIC | 106.20 | (1.00) | (0.93 %) | - |
| SAIC | 31.28 | 2.84 | 9.97 % | - |
| ALAKARIA | 17.06 | 0.94 | 5.81 % | - |
| GO TELECOM | 27.59 | (0.62) | (2.19 %) | - |
| EXTRA | 74.25 | 0.53 | 0.71 % | - |
| BAWAN | 30.70 | 0.55 | 1.82 % | - |
| AMLAK | 18.54 | 0.07 | 0.38 % | - |
| SULAIMAN ALHABIB | 118.00 | (3.40) | (2.80 %) | - |
| ALANDALUS | 17.97 | (0.03) | (0.17 %) | - |
| JADWA REIT SAUDI | 15.82 | 0.30 | 1.93 % | - |
| AWPT | 74.83 | (2.86) | (3.68 %) | - |
On the other hand, Amlak International rose 0.4% to close at SAR 20.88, as its Q4 2020 net profit rose 2% YoY to SAR 22.4 million.
Bawan climbed 1.8% to SAR 30.70, after Q4 2020 net profit increased 14% YoY to SAR 5.9 million.
eXtra and Petrochem recorded the highest close since the listing in the market at SAR 99 and SAR 39.65, respectively.
Al-Akaria surged 6% to SAR 19.66, with over 27 million shares being traded – highest since 2017.
Jadwa REIT Saudi fund rose 2% to SAR 15.82, registering its highest close since listing.
SAIC went nearly limit up to close at SAR 37.50.
To contact the writer, email Parag Deulgaonkar at parag.d@argaam.com
Number of High/Low companies
Market Movers
| Company | 52 Weeks Range | Price | Change | Price Earnings |
|---|---|---|---|---|
| SAIC | 31.28 | 9.97 % | 71.99 | |
| SAPTCO | 26.70 | 7.23 % | NEG | |
| AYYAN | 19.73 | 7.03 % | 72.76 | |
| ALAKARIA | 17.06 | 5.81 % | NEG | |
| AICC | 20.84 | 5.41 % | More than 100 | |
| SEERA | 18.58 | 4.97 % | More than 100 | |
| GACO | 29.85 | 4.92 % | NEG | |
| APC | 4.94 | 4.22 % | NEG | |
| MALATH INSURANCE | 23.20 | 3.76 % | More than 100 | |
| SSP | 31.80 | 3.75 % | NEG |
Companies trading above 3-Month Average
| Company | Average Volume (3M) | Volume | Percentage Change |
|---|---|---|---|
| SSP | 1,075,042.00 | 11,184,611.00 | 940.39 % |
| ALAKARIA | 3,849,071.00 | 31,579,406.00 | 720.44 % |
| SAPTCO | 3,606,793.00 | 21,205,711.00 | 487.94 % |
| JOUF CEMENT | 1,936,619.00 | 10,110,337.00 | 422.06 % |
| FITAIHI GROUP | 9,033,663.00 | 46,576,630.00 | 415.59 % |
| GACO | 3,486,582.00 | 17,743,018.00 | 408.89 % |
| SEERA | 5,011,392.00 | 19,065,216.00 | 280.44 % |
| SAIC | 4,011,741.00 | 15,245,546.00 | 280.02 % |
| JAZADCO | 3,635,961.00 | 13,705,288.00 | 276.94 % |
| SAUDI GERMAN HEALTH | 493,009.00 | 1,787,223.00 | 262.51 % |
| More | |||
Companies achieved the highest and lowest closings in 52 weeks
| Company | Price | Change 52 Weeks |
|---|---|---|
| SAIC | 31.28 | 165.96 % |
| GACO | 29.85 | 153.40 % |
| BAWAN | 30.70 | 104.67 % |
| NAJRAN CEMENT | 21.30 | 84.58 % |
| APC | 4.94 | 80.94 % |
| AYYAN | 19.73 | 77.50 % |
| SAPTCO | 26.70 | 73.38 % |
| SSP | 31.80 | 68.25 % |
| AICC | 20.84 | 51.12 % |
| YC | 33.90 | 45.37 % |
| EXTRA | 74.25 | 45.24 % |
| ALAKARIA | 17.06 | 39.43 % |
| BATIC | 2.42 | 38.56 % |
| JADWA REIT SAUDI | 15.82 | 37.57 % |
| ARDCO | 19.12 | 19.80 % |
| BUDGET SAUDI | 31.71 | 19.27 % |
| NORTHERN CEMENT | 13.00 | 12.07 % |
| DERAYAH REIT | 11.68 | 6.57 % |
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