28/02/2023 Argaam
AI Summary
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 1.1%, or 108 points, higher at 10,103 points today, Feb. 28.
Total turnover reached nearly SAR 6.8 billion.
MSCI Inc implemented the changes to the Saudi market today as part of its quarterly review.
Saudi Aramco rose 3% to SAR 31.80 as nearly 6 million shares were traded.
Sipchem, Etihad Etisalat, ACWA Power, Bank AlJazira, Alinma Bank, Advanced, Saudi Kayan and Jabal Omar increased between 3% and 7%.
Thob Al Aseel and SISCO closed at SAR 36.25 (+5%) and SAR 24.02 (+2%) after announcing Q4 2022 results.
| Company | Price | Change | Change (%) | Events |
|---|---|---|---|---|
| ALRAJHI | 70.30 | 0.40 | 0.57 % | - |
| RIBL | 26.05 | (0.60) | (2.25 %) | - |
| TASNEE | 12.06 | 0.32 | 2.73 % | - |
| SABIC | 88.50 | (3.40) | (3.70 %) | - |
| SISCO HOLDING | 24.02 | 0.42 | 1.78 % | - |
| SAPTCO | 17.26 | (0.72) | (4.00 %) | - |
| SIPCHEM | 35.40 | 1.45 | 4.27 % | - |
| AMLAK | 13.21 | 0.20 | 1.50 % | - |
| SNB | 35.26 | 0.04 | 0.11 % | - |
| SAUDI ARAMCO | 28.91 | 0.73 | 2.58 % | - |
| ALASEEL | 3.63 | 0.19 | 5.38 % | - |
On the other hand, SABIC declined 4% to SAR 88.50. The company's Q4 2022 net profit after Zakat and tax dived 94% year-on-year to SAR 293 million.
SAPTCO closed at SAR 17.26 (-4%) after the firm reported Q4 2022 losses of SAR 93.3 million.
To contact the writer, email Parag Deulgaonkar at parag.d@argaam.com
| Company | 52 Weeks Range | Price | Change | Price Earnings |
|---|---|---|---|---|
| AZM | 9.50 | 7.95 % | 40.41 | |
| NAHDI | 186.60 | 6.75 % | 27.32 | |
| SAUDI GERMAN HEALTH | 33.30 | 6.39 % | 40.77 | |
| ACWA POWER | 138.02 | 6.25 % | 68.69 | |
| ALINMA | 23.56 | 5.94 % | 16.37 | |
| ETIHAD ETISALAT | 39.10 | 5.68 % | 18.17 | |
| JAHEZ | 31.80 | 5.65 % | 57.00 | |
| ALASEEL | 3.63 | 5.38 % | 27.13 | |
| ADVANCED | 48.30 | 5.11 % | 42.64 | |
| RIYAD REIT | 9.08 | 5.09 % | 17.53 |
| Company | Average Volume (3M) | Volume | Percentage Change |
|---|---|---|---|
| RIBL | 1,350,566.00 | 13,835,686.00 | 924.44 % |
| EXTRA | 217,339.00 | 2,103,352.00 | 867.77 % |
| BANAN | 7,353.00 | 60,310.00 | 720.21 % |
| BSF | 869,268.00 | 6,431,733.00 | 639.90 % |
| ALBILAD | 1,389,794.00 | 9,114,358.00 | 555.81 % |
| ETIHAD ETISALAT | 844,882.00 | 5,057,871.00 | 498.65 % |
| TALEEM REIT | 59,141.00 | 333,862.00 | 464.52 % |
| SAUDI GERMAN HEALTH | 331,698.00 | 1,854,778.00 | 459.18 % |
| ANB | 889,688.00 | 4,240,038.00 | 376.58 % |
| SHL | 358,764.00 | 1,368,024.00 | 281.32 % |
| More | |||
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| Company | Event |
|---|---|
| AMANA INSURANCE | General Assembly |
| American Petroleum Institute | Reports |
| US Federal | Important meetings and events |
| ADVANCED | General Assembly |
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