TASI rises 0.3% to cross 12,800 points, turnover at SAR 10B
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 0.3% higher, or 32 points, at 12,804 points today, March 19, recording the highest close since June 2022.
Total turnover reached nearly SAR 10 billion.
Market Index
Saudi Aramco rose 1% to SAR 31.40.
ACWA Power, Jabal Omar, Tawuniya, SRMG, Mouwasat, Alandalus, NCLE, and Alhokair Group increased between 1% and 4%.
Leejam gained 8% to SAR 243, recording the highest close since its market debut, following the announcement of Q4 2023 results and cash dividends.
Chubb was the top gainer, rising 9%.
Company Prices
| Company | Price | Change | Change (%) | Events |
|---|---|---|---|---|
| ALRAJHI | 85.10 | 0.00 | 0.00 % | - |
| ALMARAI | 57.80 | (0.30) | (0.52 %) | - |
| SABIC | 76.80 | (0.10) | (0.13 %) | - |
| BAHRI | 21.52 | (0.20) | (0.92 %) | - |
| SALAMA | 24.82 | (0.66) | (2.59 %) | - |
| KEC | 17.74 | (0.56) | (3.06 %) | - |
| ALSAGR INSURANCE | 20.04 | (0.03) | (0.16 %) | - |
| GULF GENERAL | 14.02 | (0.73) | (4.97 %) | - |
| SNB | 39.75 | 0.35 | 0.89 % | - |
| ALHAMMADI | 64.90 | (1.80) | (2.70 %) | - |
| SAUDI ARAMCO | 31.40 | 0.30 | 0.96 % | - |
| ALDAWAA | 104.80 | (7.40) | (6.60 %) | - |
| RIYADH CEMENT | 28.00 | 0.15 | 0.54 % | - |
| LEEJAM SPORTS | 243.00 | 18.20 | 8.10 % | - |
| BAAZEEM | 7.62 | (0.18) | (2.31 %) | - |
| ALAHLI REIT 1 | 8.78 | 0.13 | 1.50 % | - |
| AWPT | 169.08 | (17.28) | (9.27 %) | - |
On the other hand, Alkhorayef fell 9% to SAR 236.80, amid trading of more than 330,000 shares. The company’s Q4 2023 results came below market estimates.
Baazeem and Al Hammadi declined to SAR 76.20 (-2%) and SAR 64.90 (-3%), respectively, following the announcement of Q4 2023 results.
Arabian Drilling closed at SAR 180.40 (-1%) after going ex-dividend.
Write to Parag Deulgaonkar at parag.d@argaam.com
Number of High/Low companies
Market Movers
| Company | 52 Weeks Range | Price | Change | Price Earnings |
|---|---|---|---|---|
| CHUBB | 26.18 | 8.72 % | 42.19 | |
| LEEJAM SPORTS | 243.00 | 8.10 % | 35.71 | |
| Al AZIZIAH REIT | 5.48 | 8.09 % | NEG | |
| SPIMACO | 41.95 | 7.02 % | NEG | |
| ALKHALEEJ TRNG | 39.80 | 6.70 % | NEG | |
| ANAAM HOLDING | 23.20 | 5.45 % | 60.22 | |
| HB | 58.10 | 5.44 % | NEG | |
| ATAA | 83.00 | 4.93 % | 51.54 | |
| SENAAT | 32.90 | 4.61 % | NEG | |
| FITAIHI GROUP | 4.38 | 4.29 % | More than 100 |
Companies trading above 3-Month Average
| Company | Average Volume (3M) | Volume | Percentage Change |
|---|---|---|---|
| Al AZIZIAH REIT | 298,137.00 | 4,217,030.00 | 1,314.46 % |
| ALBILAD SOVEREIGN SUKUK ETF | 19,052.00 | 264,709.00 | 1,289.40 % |
| MEFIC REIT | 103,230.00 | 1,432,622.00 | 1,287.80 % |
| GULF GENERAL | 445,279.00 | 2,539,307.00 | 470.27 % |
| AL MAATHER REIT | 79,491.00 | 443,162.00 | 457.50 % |
| ALDAWAA | 164,226.00 | 870,987.00 | 430.36 % |
| ALJAZIRA REIT | 429,362.00 | 2,042,782.00 | 375.77 % |
| SPIMACO | 907,042.00 | 4,288,122.00 | 372.76 % |
| HB | 157,672.00 | 703,712.00 | 346.31 % |
| NAHDI | 667,405.00 | 2,915,493.00 | 336.84 % |
| More | |||
Companies achieved the highest and lowest closings in 52 weeks
| Company | Price | Change 52 Weeks |
|---|---|---|
| MESC | 27.70 | 188.54 % |
| ALBABTAIN | 38.05 | 164.26 % |
| ACWA POWER | 350.50 | 158.77 % |
| LEEJAM SPORTS | 243.00 | 148.21 % |
| ALKHALEEJ TRNG | 39.80 | 139.76 % |
| SENAAT | 32.90 | 111.44 % |
| SAUDI RE | 19.85 | 96.89 % |
| ALANDALUS | 30.00 | 82.93 % |
| CATRION | 143.80 | 74.73 % |
| SAIC | 38.40 | 72.51 % |
| GASCO | 88.90 | 57.90 % |
| SRMG | 295.00 | 56.08 % |
| JABAL OMAR | 30.90 | 54.50 % |
| MCDC | 85.89 | 53.46 % |
| ALETIHAD | 22.32 | 48.50 % |
| GIG | 39.85 | 48.30 % |
| TAIBA | 39.55 | 43.04 % |
| ALSAIF GALLERY | 11.40 | 39.88 % |
| ARDCO | 25.75 | 36.68 % |
| ASLAK | 36.95 | 32.16 % |
| TADCO | 21.00 | 26.66 % |
| RAYDAN | 66.99 | 24.00 % |
| CENOMI CENTERS | 24.28 | 23.63 % |
| YAQEEN 30 ETF | 53.30 | 21.41 % |
| ANB | 21.89 | 17.46 % |
| ALINMA RETAIL REIT | 5.35 | 11.46 % |
| MEFIC REIT | 5.27 | 10.02 % |
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