TASI falls 0.2% to 12,605 points, turnover at SAR 6.6B
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 0.2%, or 30 points, lower at 12,605 points today, Feb. 25.
Total turnover reached nearly SAR 6.6 billion.
The benchmark index concluded its longest streak of consecutive session gains in history, spanning 15 sessions.
Trading resumed today after the market closed last Thursday to celebrate Saudi Founding Day.
Market Index
Al Rajhi Bank and Saudi National Bank declined 1% to SAR 89.80 and SAR 42.25, respectively.
Savola Group, GO, Maaden, Sulaiman Al Habib, Elm, Lumi, SRMG and Mouwasat fell between 1% and 4%.
Company Prices
| Company | Price | Change | Change (%) | Events |
|---|---|---|---|---|
| ALRAJHI | 89.80 | (0.80) | (0.88 %) | - |
| QACCO | 59.00 | 0.30 | 0.51 % | - |
| AMIANTIT | 29.25 | 2.65 | 9.96 % | - |
| SABIC | 79.80 | 0.70 | 0.88 % | - |
| HCC | 11.82 | 0.38 | 3.32 % | - |
| CITY CEMENT | 19.00 | 0.56 | 3.04 % | - |
| SSP | 42.70 | 3.85 | 9.91 % | - |
| SNB | 42.25 | (0.40) | (0.94 %) | - |
| SAUDI ARAMCO | 31.95 | (0.05) | (0.16 %) | - |
| ALKHABEER REIT | 6.41 | 0.00 | 0.00 % | - |
| AWPT | 167.79 | 4.28 | 2.62 % | - |
On the other hand, Saudi Steel Pipe closed at SAR 42.70 (+9.9%), with more than 4 million shares traded. The steel maker reported an increase in Q4 2023 profit to SAR 57.16 million, beating market estimates.
Amiantit, Arabian Pipes and Saudi Paper went almost limit up.
Write to Parag Deulgaonkar at parag.d@argaam.com
Number of High/Low companies
Market Movers
Companies trading above 3-Month Average
| Company | Average Volume (3M) | Volume | Percentage Change |
|---|---|---|---|
| BATIC | 6,105,634.00 | 51,138,227.00 | 737.56 % |
| ARDCO | 302,949.00 | 1,594,710.00 | 426.40 % |
| OBEIKAN GLASS | 3,804.00 | 18,403.00 | 383.78 % |
| ALSAIF GALLERY | 2,051,054.00 | 9,679,666.00 | 371.94 % |
| ACIG | 327,066.00 | 1,540,039.00 | 370.86 % |
| SSP | 913,771.00 | 4,037,550.00 | 341.86 % |
| BAAN | 4,616,553.00 | 19,888,476.00 | 330.81 % |
| SPM | 580,040.00 | 2,171,860.00 | 274.43 % |
| SENAAT | 849,703.00 | 3,169,255.00 | 272.98 % |
| FITAIHI GROUP | 2,154,326.00 | 7,514,733.00 | 248.82 % |
| More | |||
Companies achieved the highest and lowest closings in 52 weeks
| Company | Price | Change 52 Weeks |
|---|---|---|
| APC | 8.75 | 337.00 % |
| SALAMA | 22.22 | 193.56 % |
| ASTRA INDUSTRIAL | 157.80 | 180.78 % |
| EAST PIPES | 119.00 | 150.00 % |
| MESC | 23.96 | 137.23 % |
| ALBABTAIN | 33.85 | 135.09 % |
| AMIANTIT | 29.25 | 130.03 % |
| SPM | 52.64 | 122.26 % |
| ALKHALEEJ TRNG | 34.70 | 121.02 % |
| SSP | 42.70 | 108.50 % |
| TAWUNIYA | 154.00 | 100.88 % |
| MEDGULF | 16.58 | 96.21 % |
| AZM | 16.80 | 90.69 % |
| ALRAJHI TAKAFUL | 75.90 | 90.13 % |
| SENAAT | 29.40 | 87.50 % |
| NASEEJ | 72.00 | 73.70 % |
| ALYAMAMAH STEEL | 34.35 | 53.90 % |
| ALANDALUS | 25.30 | 53.33 % |
| SAUDI RE | 17.81 | 51.92 % |
| BUPA ARABIA | 234.00 | 48.67 % |
| ALBILAD US TECH ETF | 15.33 | 44.62 % |
| SAICO | 16.56 | 41.54 % |
| BAAN | 3.15 | 41.26 % |
| WATANIYA | 21.32 | 36.14 % |
| SVCP | 54.00 | 35.68 % |
| ALBILAD | 33.60 | 31.76 % |
| ARDCO | 23.98 | 29.06 % |
| JAZADCO | 16.64 | 25.30 % |
| YAQEEN 30 ETF | 52.75 | 20.30 % |
| SABI QUANT ETF | 49.08 | 13.87 % |
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Calendar
Sector Closure
Sector
Value
Change
Change (%)
Most Active Companies
Name
Price
Change (value)Change (%)
Brent Crude Oil
64.77
0.40
0.62 %
Nymex
60.98
0.41
0.68 %
Natural Gas
4.12
0.17
4.14 %
Gold
4,002.85
(21.61)
(0.54 %)
Silver
48.68
(0.24)
(0.49 %)
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
2,023.00
1.00
0.05 %
Zinc
3,049.50
6.50
0.21 %
Steel
825.00
0.00
0.00 %
Wheat (CBOT)
534.00
9.60
1.83 %
Corn (CBOT)
431.50
1.20
0.28 %
Coffee (ICEUS)
392.05
0.05
0.01 %
Whole Milk Powder
4,150.00
(200.00)
(4.82 %)
Skim Milk Powder
2,500.00
(50.00)
(2.00 %)
Refining margins
18.06
2.70
17.58 %
VLCC "Spot"
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Fujairah Fuel Pric (mt) ($)
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VLCC "TC/1Year" ($)
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