31/05/2023 Argaam
AI Summary
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 1.1%, or 126 points, lower at 11,014 points today, May 31.
Total turnover reached almost SAR 11.8 billion.
MSCI Inc. implemented the changes today according to its quarterly review of its indices.
Majority of the share declined, led by Saudi Aramco and Al Rajhi Bank by 1% to SAR 31.50 and SAR 70.70, respectively.
Saudi National Bank, Saudi Kayan, SABB, Tasnee, Etihad Etisalat, Elm, Mouwasat, Saudi Electricity, Dar Al Arkan, Riyad Bank and Alujain fell between 1% and 4%.
SPIMACO was the top decliner, falling 5%.
| Company | Price | Change | Change (%) | Events |
|---|---|---|---|---|
| ALRAJHI | 70.70 | (0.90) | (1.26 %) | - |
| SPCC | 52.90 | (0.20) | (0.38 %) | - |
| SABIC | 88.20 | (1.90) | (2.11 %) | - |
| SAUDI DARB | 2.34 | 0.03 | 1.08 % | - |
| JARIR | 17.60 | 1.00 | 6.02 % | - |
| SNB | 36.90 | (0.30) | (0.81 %) | - |
| SAUDI ARAMCO | 31.50 | (0.35) | (1.10 %) | - |
| AMAK | 57.15 | 0.07 | 0.13 % | - |
Meanwhile, Jarir rose 6% to SAR 17.60 after applying the par value reduction and adjusting the previous closing price to SAR 16.6. About 20 million shares were traded.
Al-Baha increased by 1% after the company’s board recommended a stock split.
To contact the writer, email Parag Deulgaonkar at parag.d@argaam.com
| Company | 52 Weeks Range | Price | Change | Price Earnings |
|---|---|---|---|---|
| JARIR | 17.60 | 6.02 % | 21.86 | |
| JAHEZ | 26.40 | 5.56 % | 47.32 | |
| JADWA REIT SAUDI | 13.80 | 3.76 % | 33.15 | |
| SFICO | 190.81 | 3.06 % | NEG | |
| STC | 43.25 | 2.98 % | 17.66 | |
| GO TELECOM | 19.32 | 2.75 % | 6.79 | |
| SHL | 20.44 | 2.71 % | 30.98 | |
| RIYADH CABLES | 61.00 | 2.69 % | 23.33 | |
| QACCO | 73.40 | 2.66 % | 50.60 | |
| EMAAR EC | 21.37 | 2.60 % | NEG |
| Company | Average Volume (3M) | Volume | Percentage Change |
|---|---|---|---|
| ALBILAD SOVEREIGN SUKUK ETF | 59,713.00 | 2,184,795.00 | 3,558.83 % |
| ALBILAD US ETF | 45,314.00 | 1,199,090.00 | 2,546.18 % |
| ALBILAD US TECH ETF | 53,849.00 | 1,412,723.00 | 2,523.49 % |
| ALBILAD GOLD ETF | 101,135.00 | 2,571,287.00 | 2,442.43 % |
| RIYADH CEMENT | 37,232.00 | 727,115.00 | 1,852.93 % |
| STC | 4,605,802.00 | 49,713,310.00 | 979.36 % |
| JARIR | 2,228,505.00 | 19,431,638.00 | 771.96 % |
| RIBL | 1,815,968.00 | 11,460,627.00 | 531.10 % |
| ANB | 1,564,120.00 | 9,134,825.00 | 484.02 % |
| SAB | 1,157,710.00 | 6,626,253.00 | 472.36 % |
| More | |||
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| Company | Event |
|---|---|
| ABO MOATI | General Assembly |
| TCC | Cash Dividend Distribution |
| E.I.A | Reports |
| US Federal | Important meetings and events |
| A.OTHAIM MARKET | Cash Dividend Distribution |
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