TASI falls 0.4% to 12,078 points, turnover at SAR 9B

16/01/2024 Argaam

Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 0.4%, or 45 points, lower at 12,078 points today, Jan. 16.

 

Total turnover reached almost SAR 9 billion.

Market Index

Saudi Aramco and Al Rajhi Bank declined 1% each to SAR 31.95 and SAR 87.20, respectively.

 

SACO, Ataa, Savola Group, SADAFCO, Saudi Kayan and Leejam fell between 2% and 4%.

 

Saudi National Bank closed at SAR 42.50 (-1%), with about 5 million shares traded.

Company Prices

Company Price Change Change (%) Events
ALJOUF 51.10 1.00 2.00 % -
ALRAJHI 87.20 (0.80) (0.91 %) -
SABIC 79.00 (0.90) (1.13 %) -
SNB 42.50 (0.50) (1.16 %) -
SAUDI ARAMCO 31.95 (0.45) (1.39 %) -
TALEEM REIT 11.32 0.24 2.17 % -

On the other hand, MBC Group rose almost 10% to SAR 54.70. The share gained about 120% compared to its listing price of SAR 25.

 

NADEC closed at SAR 28.95 (+ 8%).

 

Write to Parag Deulgaonkar at parag.d@argaam.com

Number of High/Low companies

Today

105
126

52 Weeks

166
79

Market Movers

Company 52 Weeks Range Price Change Price Earnings
GIG
30.05
24.16 32.97
30.05 9.87 % 13.90
MBC GROUP
54.70
27.50 54.70
54.70 9.84 % 19.66
SAUDI GERMAN HEALTH
97.80
26.10 98.90
97.80 8.07 % 50.90
NADEC
28.95
10.79 29.10
28.95 7.62 % 42.97
ALARABIA
236.18
84.25 237.09
236.18 7.53 % 40.82
RED SEA
24.96
19.90 44.80
24.96 6.48 % NEG
2P
14.00
8.05 14.35
14.00 4.67 % 31.31
AMERICANA
3.47
1.86 4.65
3.47 4.52 % 26.87
SRMG
210.00
135.00 215.20
210.00 4.48 % 24.98
MEPCO
37.10
26.12 39.20
37.10 4.07 % NEG

Companies trading above 3-Month Average

Company Average Volume (3M) Volume Percentage Change
GIG 204,081.00 2,399,164.00 1,075.59 %
MEPCO 756,113.00 8,620,659.00 1,040.13 %
RED SEA 109,945.00 1,049,853.00 854.89 %
OASIS 138,155.00 1,004,553.00 627.12 %
BAAZEEM 1,599,536.00 10,887,010.00 580.64 %
YAQEEN PETROCHEMICAL ETF 7,382.00 42,144.00 470.90 %
2P 1,713,421.00 9,001,010.00 425.32 %
NGC 204,789.00 908,263.00 343.51 %
NAMA CHEMICALS 142,047.00 613,838.00 332.14 %
SAUDI KAYAN 1,695,279.00 6,469,411.00 281.61 %
More

Companies achieved the highest and lowest closings in 52 weeks

Company Price Change 52 Weeks
SAUDI GERMAN HEALTH 97.80 264.93 %
NADEC 28.95 165.91 %
ALARABIA 236.18 144.17 %
RIYADH CABLES 102.20 141.32 %
CHUBB 36.00 119.51 %
EAST PIPES 88.00 108.78 %
2P 14.00 57.30 %
ALDAWAA 113.40 51.60 %
ALHAMMADI 63.20 46.47 %
WATANIYA 20.98 46.30 %
SAICO 16.06 36.33 %

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Calendar

Company Event
AMANA INSURANCE General Assembly
American Petroleum Institute Reports
US Federal Important meetings and events
ADVANCED General Assembly
Value Traded4,322,071,383
Open10,429.59
Prev. Close10,427.06
High10,518.73
Low10,406.69
YTD (12.61 %)
Transactions 498,928
Volume 242,714,505
Market Cap (Million) 3,057,494.04

Market Indicators

Latest update: 16/09/2025
P/E (TTM) *
18.27 X
P/E Before Unusual Items (TTM) *
19.96 X
Price/Book
2.02 X
Dividend Yield
3.41 %
* Except Aramco

Sector Closure

Sector
Value
Change
Change (%)
4,435.42
25.28 0.57 %
5,188.71
44.48 0.86 %
13,900.04
170.54 1.24 %
4,090.64
22.46 0.55 %
5,569.45
137.20 2.53 %
4,617.80
96.33 2.13 %
4,039.11
36.10 0.90 %
19,830.99
378.32 1.94 %
4,737.79
93.32 2.01 %
9,780.97
36.36 0.37 %
4,581.84
64.05 1.42 %
11,685.36
113.06 0.98 %
6,235.61
102.45 1.67 %
8,147.95
110.03 1.37 %
8,417.99
51.59 0.62 %
7,743.48
6.25 0.08 %
2,959.33
11.36 0.39 %
3,266.91
22.29 0.69 %
63,025.53
485.96 0.78 %
4,157.46
31.08 0.75 %

Most Active Companies

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
68.09
0.65
0.97 %
Nymex
64.09
0.78
1.23 %
Natural Gas
3.07
0.03
0.89 %
Gold
3,688.81
10.98
0.30 %
Silver
42.81
0.15
0.35 %
High Grade Copper
4.48
(0.01)
(0.30 %)
Iron Ore
102.03
(0.38)
(0.37 %)
Aluminum
2,545.75
(8.00)
(0.31 %)
LEAD
2,002.50
1.00
0.05 %
Zinc
2,982.00
0.00
0.00 %
Steel
825.00
0.00
0.00 %
Wheat (CBOT)
529.75
4.60
0.88 %
Corn (CBOT)
427.00
3.60
0.85 %
Coffee (ICEUS)
417.15
(1.05)
(0.25 %)
Whole Milk Powder
4,812.50
(100.00)
(2.08 %)
Skim Milk Powder
2,700.00
(87.50)
(3.24 %)
Refining margins
17.51
6.75
62.73 %
VLCC "Spot"
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