TASI falls more than 500 points to below 11,300
Saudi Arabia's benchmark Tadawul All Share Index (TASI) closed 4.4%, or 525 points, to 11,299 points today, June 19, recording the lowest close since December 2021.
The fall is the highest in percentage terms since November 2021.
Total turnover reached nearly SAR 6.3 billion during the period.
The market decline coincides with the fall in global markets and oil prices.
Market Index
Al Rajhi Bank fell 5% to SAR 82.20, while Saudi Aramco shed 4% to SAR 36.95.
SABIC slipped 2% to SAR 101 despite the company's board announcing a cash dividend of SAR 2.25 per share for H1 2022.
Saudi National Bank declined 5% to SAR 62.80, recording the lowest close in six months.
Company Prices
| Company | Price | Change | Change (%) | Events |
|---|---|---|---|---|
| ALRAJHI | 54.80 | (2.67) | (4.64 %) | - |
| SABIC | 101.00 | (2.20) | (2.13 %) | - |
| SAUDI ARAMCO | 33.59 | (1.41) | (4.03 %) | - |
| ALYAMAMAH STEEL | 32.15 | (2.30) | (6.68 %) | - |
On the other hand, GACO rose 8% to SAR 21.68.
Shaker, Saudi Catering and SAICO gained between 1% and 2%.
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 |
|---|---|---|---|---|
| GACO | 21.68 | 8.40 % | More than 100 | |
| CATRION | 75.70 | 1.88 % | 78.19 | |
| SPM | 26.39 | 1.62 % | 33.14 | |
| SHAKER | 11.72 | 1.61 % | 22.13 | |
| SAICO | 21.48 | 1.42 % | NEG | |
| ASTRA INDUSTRIAL | 47.95 | 1.37 % | 16.94 | |
| ALHAMMADI | 38.49 | 1.18 % | 52.86 | |
| RAOOM | 59.96 | 0.67 % | NEG | |
| DWF | 197.40 | 0.61 % | NEG | |
| SADAFCO | 165.00 | 0.61 % | 24.00 |
Companies trading above 3-Month Average
| Company | Average Volume (3M) | Volume | Percentage Change |
|---|---|---|---|
| NGC | 338,628.00 | 4,928,970.00 | 1,355.57 % |
| ANAAM HOLDING | 882,467.00 | 4,935,232.00 | 459.25 % |
| WAFRAH | 506,111.00 | 2,245,475.00 | 343.67 % |
| SHAKER | 912,942.00 | 2,130,057.00 | 133.32 % |
| RIYADH CEMENT | 55,819.00 | 127,966.00 | 129.25 % |
| ALAHLI REIT 1 | 90,242.00 | 203,536.00 | 125.54 % |
| SAIC | 1,256,370.00 | 2,828,686.00 | 125.15 % |
| Al RAJHI REIT | 269,362.00 | 593,042.00 | 120.17 % |
| TADCO | 518,924.00 | 1,108,943.00 | 113.70 % |
| DWF | 90,745.00 | 193,393.00 | 113.12 % |
| More | |||
Companies achieved the highest and lowest closings in 52 weeks
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Calendar
Sector Closure
Sector
Value
Change
Change (%)
Most Active Companies
Name
Price
Change (value)Change (%)
Brent Crude Oil
108.17
(2.23)
(2.00 %)
Nymex
101.94
(3.13)
(2.98 %)
Natural Gas
2.78
0.01
0.47 %
Gold
4,615.55
(6.23)
(0.13 %)
Silver
75.36
1.61
2.19 %
High Grade Copper
5.98
0.00
0.07 %
Iron Ore
107.86
0.16
0.15 %
Aluminum
3,478.00
46.75
1.36 %
LEAD
1,950.50
(2.50)
(0.13 %)
Zinc
3,334.50
(28.00)
(0.83 %)
Steel
1,130.00
8.00
0.71 %
Wheat (CBOT)
637.75
1.00
0.16 %
Corn (CBOT)
480.25
5.40
1.14 %
Coffee (ICEUS)
286.40
0.85
0.30 %
Whole Milk Powder
3,975.00
0.00
0.00 %
Skim Milk Powder
3,225.00
(12.50)
(0.39 %)
Refining margins
14.04
1.70
13.78 %
VLCC "Spot"
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Fujairah Fuel Pric (mt) ($)
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VLCC "TC/1Year" ($)
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LPG (mt) ($)
-
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Call Request
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