20/03/2024 Argaam
AI Summary
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 0.5%, or 65 points, lower at 12,739 points today, March 20.
Total turnover reached nearly SAR 8.2 billion.
Saudi Aramco and Al Rajhi Bank each declined 1% to SAR 31.20 and SAR 84.20, respectively.
Maaden, Dar Al Arkan, Elm, Mobily, Arabian Drilling, Sulaiman Al Habib, and Emaar EC fell between 1% and 3%.
Saudi Steel Pipe was the top decliner, falling 8% to SAR 71.80. About 3.5 million shares worth more than SAR 260 million changed hands.
Qassim Cement and Theeb closed at SAR 58.50 (-2%) and SAR 68.60 (-1%), respectively, after going ex-dividend.
| Company | Price | Change | Change (%) | Events |
|---|---|---|---|---|
| ALRAJHI | 84.20 | (0.90) | (1.06 %) | - |
| QACCO | 58.50 | (1.10) | (1.85 %) | - |
| SAUDI CABLE | 62.90 | 5.70 | 9.96 % | - |
| SABIC | 78.80 | 2.00 | 2.60 % | - |
| UCA | 11.00 | 0.16 | 1.48 % | - |
| DAR ALARKAN | 14.86 | (0.14) | (0.93 %) | - |
| MEDGULF | 22.40 | 0.36 | 1.63 % | - |
| SAICO | 19.50 | (0.14) | (0.71 %) | - |
| SNB | 39.40 | (0.35) | (0.88 %) | - |
| SAUDI ARAMCO | 31.20 | (0.20) | (0.64 %) | - |
| AL MAATHER REIT | 9.06 | (0.33) | (3.51 %) | - |
| ALAHLI REIT 1 | 8.52 | (0.26) | (2.96 %) | - |
| THEEB | 68.60 | (0.90) | (1.29 %) | - |
On the other hand, Saudi Cable rose nearly 10% to SAR 62.90 amid trading of about 100,000 shares. The Saudi Exchange (Tadawul) lifted the trading suspension on shares today.
UCA rose more than 1% to SAR 11 following the announcement of Q2 2023 results.
Al Maathar REIT and Al Ahli REIT 1 closed at SAR 9.06 (-4%) and SAR 8.52 (-3%), respectively, after going ex-dividend.
Write to Parag Deulgaonkar at parag.d@argaam.com
| Company | 52 Weeks Range | Price | Change | Price Earnings |
|---|---|---|---|---|
| SAUDI CABLE | 62.90 | 9.96 % | NEG | |
| MESC | 30.45 | 9.93 % | 24.890 | |
| JAHEZ | 41.95 | 9.67 % | 75.193 | |
| SUMOU | 48.48 | 9.12 % | 16.766 | |
| SPM | 67.00 | 6.20 % | 34.053 | |
| SIDC | 41.04 | 5.49 % | NEG | |
| ALYAMAMAH STEEL | 38.00 | 4.54 % | NEG | |
| SHAKER | 32.98 | 4.40 % | 27.978 | |
| SPCC | 40.45 | 3.72 % | 29.041 | |
| ALAKARIA | 23.90 | 3.55 % | More than 100 |
| Company | Average Volume (3M) | Volume | Percentage Change |
|---|---|---|---|
| ALBILAD SOVEREIGN SUKUK ETF | 32,202.000 | 866,384.000 | 2,590.47 % |
| ALYAMAMAH STEEL | 959,511.000 | 4,472,827.000 | 366.16 % |
| ALDAWAA | 174,341.000 | 796,043.000 | 356.60 % |
| MEFIC REIT | 109,135.000 | 490,737.000 | 349.66 % |
| MESC | 881,457.000 | 3,666,639.000 | 315.97 % |
| TAKWEEN | 1,129,691.000 | 4,676,888.000 | 314.00 % |
| SIDC | 192,936.000 | 798,594.000 | 313.92 % |
| SAICO | 268,624.000 | 1,080,293.000 | 302.16 % |
| SUMOU | 550,169.000 | 2,176,510.000 | 295.61 % |
| SICO SAUDI REIT | 312,754.000 | 1,044,924.000 | 234.10 % |
| More | |||
| Company | Price | Change 52 Weeks |
|---|---|---|
| MESC | 30.45 | 207.58 % |
| ASTRA INDUSTRIAL | 171.80 | 200.88 % |
| ALBABTAIN | 38.70 | 166.31 % |
| SHAKER | 32.98 | 112.96 % |
| ZAMIL INDUST | 32.95 | 108.02 % |
| ALAKARIA | 23.90 | 99.17 % |
| NCLE | 177.60 | 88.94 % |
| ALYAMAMAH STEEL | 38.00 | 79.08 % |
| GASCO | 90.90 | 62.32 % |
| SOLUTIONS | 397.00 | 62.17 % |
| SAIC | 38.75 | 62.13 % |
| FITAIHI GROUP | 4.50 | 57.89 % |
| SRMG | 296.60 | 57.43 % |
| MCDC | 86.22 | 51.81 % |
| GIG | 40.10 | 50.83 % |
| SUMOU | 48.48 | 45.17 % |
| SISCO HOLDING | 38.05 | 41.19 % |
| ASLAK | 37.75 | 33.59 % |
| CENOMI CENTERS | 24.90 | 25.88 % |
| JAHEZ | 41.95 | 23.75 % |
| ALJOUF | 60.60 | 22.30 % |
| ANB | 21.93 | 13.15 % |
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| Company | Event |
|---|---|
| AMANA INSURANCE | General Assembly |
| American Petroleum Institute | Reports |
| US Federal | Important meetings and events |
| ADVANCED | General Assembly |
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