TASI rises 0.4% to 11,286, turnover at SAR 5.7 bln
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 0.4%, or 42 points, higher at 11,286 points today, Aug. 9.
Total turnover reached almost SAR 5.7 billion.
Market Index
Al Rajhi Bank rose by more than 1% to SAR 72.10.
Arabian Pipes jumped 7% to SAR 65.90 after it signed a SAR 300 million contract with Saudi Aramco.
Gulf Union Alahlia closed almost limit up after Q2 2023 financial results were disclosed.
Company Prices
| Company | Price | Change | Change (%) | Events |
|---|---|---|---|---|
| SAUDI ELECTRICITY | 21.16 | (0.36) | (1.67 %) | - |
| ALRAJHI | 72.10 | 1.00 | 1.41 % | - |
| TCC | 15.30 | (0.04) | (0.26 %) | - |
| GASCO | 63.70 | 0.10 | 0.16 % | - |
| MAADANIYAH | 19.46 | (0.10) | (0.51 %) | - |
| SABIC | 86.10 | 2.00 | 2.38 % | - |
| SAVOLA GROUP | 23.03 | (1.85) | (7.45 %) | - |
| FITAIHI GROUP | 3.53 | (0.18) | (4.85 %) | - |
| EMAAR EC | 19.50 | 0.50 | 2.62 % | - |
| SEERA | 28.05 | 0.05 | 0.18 % | - |
| JABAL OMAR | 24.98 | (0.72) | (2.80 %) | - |
| MEDGULF | 14.88 | 0.72 | 5.08 % | - |
| CITY CEMENT | 21.98 | (0.06) | (0.27 %) | - |
| GULF UNION ALAHLIA | 13.48 | 1.22 | 9.95 % | - |
| SNB | 35.65 | (0.15) | (0.42 %) | - |
| SAUDI ARAMCO | 33.15 | 0.10 | 0.30 % | - |
| MEPCO | 32.75 | (0.75) | (2.24 %) | - |
Meanwhile, Savola was the top decliner, falling 7% to SAR 36.65, as about three million shares were exchanged. The company's Q2 2023 profit declined by 38% year-on-year.
Saudi Electricity closed at SAR 21.16 (-2%) following the Q2 2023 financial results announcement.
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 |
|---|---|---|---|---|
| GAS | 8.19 | 15.35 % | 18.26 | |
| GULF UNION ALAHLIA | 13.48 | 9.95 % | 7.64 | |
| NADEC | 23.21 | 7.28 % | 44.96 | |
| APC | 3.30 | 7.15 % | 10.32 | |
| ALUJAIN | 48.40 | 6.61 % | More than 100 | |
| SAUDI DARB | 2.34 | 6.27 % | NEG | |
| UCA | 10.54 | 5.72 % | NEG | |
| SENAAT | 24.70 | 5.38 % | NEG | |
| BUDGET SAUDI | 67.40 | 5.31 % | 19.60 | |
| MEDGULF | 14.88 | 5.08 % | NEG |
Companies trading above 3-Month Average
| Company | Average Volume (3M) | Volume | Percentage Change |
|---|---|---|---|
| ALINMA GOVERNMENT SUKUK ETF | 5,223.00 | 100,000.00 | 1,814.61 % |
| YAQEEN PETROCHEMICAL ETF | 914.00 | 7,391.00 | 708.64 % |
| CENOMI RETAIL | 488,568.00 | 2,263,979.00 | 363.39 % |
| GULF UNION ALAHLIA | 735,138.00 | 3,361,924.00 | 357.32 % |
| SSP | 438,429.00 | 1,799,686.00 | 310.49 % |
| ADITF | 880,909.00 | 3,604,173.00 | 309.14 % |
| MOUWASAT | 209,812.00 | 808,790.00 | 285.48 % |
| APC | 5,114,331.00 | 18,296,588.00 | 257.75 % |
| OBEIKAN GLASS | 2,675.00 | 9,293.00 | 247.40 % |
| SAVOLA GROUP | 1,421,946.00 | 4,856,390.00 | 241.53 % |
| More | |||
Companies achieved the highest and lowest closings in 52 weeks
| Company | Price | Change 52 Weeks |
|---|---|---|
| APC | 3.30 | 60.73 % |
| MALATH INSURANCE | 25.35 | 58.64 % |
| GULF UNION ALAHLIA | 13.48 | 43.71 % |
| SSP | 31.15 | 37.83 % |
| WALAA | 16.29 | 29.87 % |
| DAR ALARKAN | 17.74 | 29.11 % |
| MEDGULF | 14.88 | 22.98 % |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}
Comments Analysis: