TASI falls 0.8% to 11,692, turnover at SAR 5.9 bln
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 0.8%, or 97 points, lower at 11,692 points today, July 31.
Total turnover reached almost SAR 5.9 billion.
Market Index
Al Rajhi Bank and Saudi National Bank declined to SAR 74.60 (-1%) and SAR 38.55 (-3%), respectively.
First Mills, Saudi Kayan, Chemanol, and stc fell between 1% and 4% after announcing Q2 2023 financial results.
Takween and Tawuniya slipped nearly 7% each.
Company Prices
| Company | Price | Change | Change (%) | Events |
|---|---|---|---|---|
| STC | 42.40 | (1.95) | (4.40 %) | - |
| ALRAJHI | 74.60 | (0.40) | (0.53 %) | - |
| SAB | 38.10 | (1.20) | (3.05 %) | - |
| SABIC | 85.70 | (0.70) | (0.81 %) | - |
| SAUDI KAYAN | 12.26 | (0.14) | (1.13 %) | - |
| CHEMANOL | 24.48 | (0.30) | (1.21 %) | - |
| SPM | 29.55 | (0.27) | (0.91 %) | - |
| SPPC | 18.40 | (0.42) | (2.23 %) | - |
| SVCP | 46.95 | (0.25) | (0.53 %) | - |
| EXTRA | 81.50 | (0.50) | (0.61 %) | - |
| SNB | 38.55 | (1.15) | (2.90 %) | - |
| SAUDI ARAMCO | 32.40 | 0.10 | 0.31 % | - |
| ARABIAN DRILLING | 176.40 | 11.80 | 7.17 % | - |
| LEEJAM SPORTS | 147.40 | 3.40 | 2.36 % | - |
| MRNA | 14.36 | 0.04 | 0.28 % | - |
| ALKHABEER REIT | 6.87 | 0.04 | 0.59 % | - |
| NAYIFAT | 16.06 | (0.26) | (1.59 %) | - |
| FIRST MILLS | 88.90 | (2.60) | (2.84 %) | - |
On the other hand, Arabian Drilling jumped more than 7% to SAR 176.40, recording the highest close since listing. The company signed a SAR 3 billion worth contract with Saudi Aramco.
Shares of Al Munajem, solutions, Aldrees, Maharah, and Savola rose between 3% and 5%.
Fitness Time gained over 2% to SAR 147.40 following the disclosure of Q2 2023 results.
Write to Parag Deulgaonkar at parag.d@argaam.com
Number of High/Low companies
Market Movers
| Company | 52 Weeks Range | Price | Change | Price Earnings |
|---|---|---|---|---|
| ARABIAN DRILLING | 176.40 | 7.17 % | 24.85 | |
| MAHARAH | 6.39 | 4.75 % | 17.06 | |
| ALMUNAJEM | 70.10 | 4.32 % | 20.03 | |
| SOLUTIONS | 365.00 | 4.29 % | 38.41 | |
| ALMAWARID | 140.60 | 3.23 % | 23.74 | |
| ALDREES | 89.59 | 3.11 % | 32.66 | |
| SAVOLA GROUP | 26.58 | 2.79 % | 10.18 | |
| SUMOU | 38.65 | 2.79 % | 14.70 | |
| RAOOM | 52.40 | 2.75 % | 15.52 | |
| BURGERIZZR | 9.32 | 2.64 % | More than 100 |
Companies trading above 3-Month Average
| Company | Average Volume (3M) | Volume | Percentage Change |
|---|---|---|---|
| ALMUNAJEM | 524,554.00 | 2,308,437.00 | 340.08 % |
| MAHARAH | 5,254,140.00 | 17,347,410.00 | 230.17 % |
| SADAFCO | 54,586.00 | 160,000.00 | 193.12 % |
| BAHRI | 1,650,226.00 | 4,486,717.00 | 171.89 % |
| ARABIAN DRILLING | 181,305.00 | 484,883.00 | 167.44 % |
| MEDGULF | 1,358,250.00 | 3,078,892.00 | 126.68 % |
| ALDREES | 292,094.00 | 623,165.00 | 113.34 % |
| STC | 4,130,597.00 | 8,220,578.00 | 99.02 % |
| SAVOLA GROUP | 1,329,718.00 | 2,612,643.00 | 96.48 % |
| TAKWEEN | 486,998.00 | 884,002.00 | 81.52 % |
| More | |||
Companies achieved the highest and lowest closings in 52 weeks
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}
Calendar
| Company | Event |
|---|---|
| SABIC | Conferences |
| ARABIAN DRILLING | Financial results date |
| RAYDAN | General Assembly |
| TALEEM REIT | Ex-dividend Date |
| NAYIFAT | General Assembly |
| ALMOOSA | Financial results date |
| Almasar Alshamil Education | Key Events |
Comments Analysis: