TASI falls 0.7% to 10,878 points, turnover at SAR 5.4 bln
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) declined 0.7%, or 71 points, to 10,878 points today, Sept. 25, recording the lowest close since April 2023.
Total turnover reached nearly SAR 5.4 billion.
Market Index
Al Rajhi Bank slipped 2% to SAR 66.70 with nearly six million shares worth SAR 400 million traded.
Saudi Aramco fell less than 1% to SAR 33.95.
SABIC Agri-Nutrients, Saudi National Bank, Tasnee, Alujain, Bupa Arabia, SIIG, STC, Almarai, and Saudi Electricity declined between 1% and 4%.
Arabian Pipes and SPIMACO shed more than 7%.
Company Prices
| Company | Price | Change | Change (%) | Events |
|---|---|---|---|---|
| STC | 37.65 | (0.35) | (0.92 %) | - |
| SAUDI ENERGY | 19.16 | (0.24) | (1.24 %) | - |
| ALRAJHI | 44.47 | (0.87) | (1.91 %) | - |
| ALBILAD | 27.50 | 0.83 | 3.13 % | - |
| ALMARAI | 61.50 | (1.00) | (1.60 %) | - |
| ALUJAIN | 44.00 | (1.25) | (2.76 %) | - |
| TASNEE | 12.62 | (0.26) | (2.02 %) | - |
| SABIC AGRI-NUTRIENTS | 132.00 | (4.80) | (3.51 %) | - |
| SIIG | 24.49 | (0.64) | (2.55 %) | - |
| ALAKARIA | 14.06 | 1.26 | 9.84 % | - |
| SIPCHEM | 36.50 | 0.65 | 1.81 % | - |
| PETRO RABIGH | 10.80 | 0.10 | 0.93 % | - |
| MAADEN | 38.85 | 0.40 | 1.04 % | - |
| BUPA ARABIA | 189.40 | (7.60) | (3.86 %) | - |
| MOUWASAT | 101.00 | 2.20 | 2.23 % | - |
| SNB | 32.80 | (0.30) | (0.91 %) | - |
| SAUDI ARAMCO | 33.95 | (0.15) | (0.44 %) | - |
| ELM | 720.00 | 10.60 | 1.49 % | - |
On the other hand, Lumi rose 30% on debut at SAR 85.80 (+ SAR19.80 compared to the listing price of SAR 66). More than 1.8 million shares valued at SAR 150 million were exchanged.
Al Akaria went almost limit up to SAR 14.06, with over 4.5 million shares traded. The company’s subsidiary signed a SAR 2.29 billion infrastructure packages contracts for the Qiddiya project.
Sipchem, Bank Albilad, First Mills, Maaden, Elm, Mouwasat and Petro Rabigh gained between 1% and 4%.
Write to Parag Deulgaonkar at parag.d@argaam.com
Number of High/Low companies
Market Movers
| Company | 52 Weeks Range | Price | Change | Price Earnings |
|---|---|---|---|---|
| ALAKARIA | 14.06 | 9.84 % | More than 100 | |
| SAUDI DARB | 2.20 | 6.64 % | NEG | |
| AMIANTIT | 15.92 | 5.99 % | NEG | |
| GAS | 7.49 | 4.32 % | 16.15 | |
| FIRST MILLS | 74.70 | 3.46 % | 21.54 | |
| ALBILAD | 27.50 | 3.13 % | 18.53 | |
| RAOOM | 57.50 | 2.68 % | 17.03 | |
| ALARABIA | 174.55 | 2.56 % | 29.73 | |
| MOUWASAT | 101.00 | 2.23 % | 32.33 | |
| SIPCHEM | 36.50 | 1.81 % | 13.14 |
Companies trading above 3-Month Average
| Company | Average Volume (3M) | Volume | Percentage Change |
|---|---|---|---|
| ALAKARIA | 582,170.00 | 4,497,284.00 | 672.50 % |
| KEC | 342,952.00 | 1,375,673.00 | 301.13 % |
| RIYADH CEMENT | 32,179.00 | 122,814.00 | 281.66 % |
| SAIC | 813,671.00 | 2,418,536.00 | 197.24 % |
| THEEB | 607,327.00 | 1,588,095.00 | 161.49 % |
| PETRO RABIGH | 2,063,026.00 | 5,332,899.00 | 158.50 % |
| CENOMI CENTERS | 1,439,358.00 | 3,585,665.00 | 149.12 % |
| ALBILAD | 1,027,131.00 | 2,201,124.00 | 114.30 % |
| Al RAJHI REIT | 683,608.00 | 1,391,708.00 | 103.58 % |
| AMIANTIT | 1,110,472.00 | 2,257,757.00 | 103.32 % |
| More | |||
Companies achieved the highest and lowest closings in 52 weeks
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