22/04/2024 Argaam
AI Summary
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) fell 0.1%, or 9 points, to close at 12,509 points today, April 22.
Total turnover reached about SAR 8.9 billion.
Al Rajhi Bank declined 1% to SAR 78.60.
Riyadh Cables closed at SAR 94.10 (-3%) after going ex-dividend.
Saudi Cable and Alkhaleej Training were top decliners, falling 5% to SAR 75 and SAR 31.50, respectively.
SABIC AN closed at SAR 110.80 (-3%), hitting a nearly three-year low. Almost one million shares traded. The stock is down about 20% since the beginning of 2024.
| Company | Price | Change | Change (%) | Events |
|---|---|---|---|---|
| STC | 38.80 | (0.50) | (1.27 %) | - |
| ALRAJHI | 78.60 | (0.50) | (0.63 %) | - |
| SAUDI CABLE | 75.00 | (3.90) | (4.94 %) | - |
| SABIC | 78.90 | (0.80) | (1.00 %) | - |
| CARE | 191.20 | 3.40 | 1.81 % | - |
| SNB | 37.55 | (0.20) | (0.53 %) | - |
| SAUDI ARAMCO | 30.15 | 0.10 | 0.33 % | - |
| MULKIA REIT | 5.97 | (0.09) | (1.49 %) | - |
On the other hand, Saudi Aramco rose less than 1% to SAR 30.15 with about 12 million shares changing hands.
Care gained 2% to SAR 191.20 after announcing a 20% cash dividend for 2023.
Al Rajhi Takaful, LIVA and Gulf General were top gainers, rising between 9% and 10%.
ACWA Power closed at an all-time high of SAR 457.40 (+2%). The stock rose nearly 80% since the beginning of the year.
Write to Parag Deulgaonkar at parag.d@argaam.com
| Company | 52 Weeks Range | Price | Change | Price Earnings |
|---|---|---|---|---|
| ALRAJHI TAKAFUL | 126.20 | 9.93 % | 33.37 | |
| LIVA | 21.50 | 9.92 % | 51.28 | |
| GULF GENERAL | 16.44 | 9.16 % | NEG | |
| RAYDAN | 61.69 | 8.14 % | NEG | |
| FITAIHI GROUP | 4.40 | 8.11 % | More than 100 | |
| TECO | 19.60 | 6.52 % | NEG | |
| ALSAIF GALLERY | 11.94 | 6.42 % | 52.99 | |
| WALAA | 25.68 | 5.50 % | 20.03 | |
| ALBABTAIN | 44.45 | 5.33 % | 13.54 | |
| AICC | 17.48 | 5.30 % | 15.19 |
| Company | Average Volume (3M) | Volume | Percentage Change |
|---|---|---|---|
| ALBILAD SOVEREIGN SUKUK ETF | 112,167.00 | 1,073,560.00 | 857.11 % |
| GULF GENERAL | 635,619.00 | 4,333,571.00 | 581.79 % |
| BANAN | 134,638.00 | 745,956.00 | 454.05 % |
| UCA | 964,072.00 | 4,845,373.00 | 402.59 % |
| SAICO | 344,844.00 | 1,565,815.00 | 354.06 % |
| ALASEEL | 3,612,785.00 | 14,645,959.00 | 305.39 % |
| TECO | 1,746,077.00 | 6,959,313.00 | 298.57 % |
| SAUDI RE | 1,739,470.00 | 6,694,797.00 | 284.88 % |
| RAYDAN | 102,324.00 | 364,700.00 | 256.42 % |
| AICC | 939,554.00 | 3,266,812.00 | 247.70 % |
| More | |||
| Company | Price | Change 52 Weeks |
|---|---|---|
| MEDGULF | 29.55 | 258.18 % |
| SALAMA | 29.60 | 256.01 % |
| ACWA POWER | 452.88 | 209.05 % |
| ALBABTAIN | 44.45 | 162.53 % |
| ALSAGR INSURANCE | 22.51 | 154.85 % |
| ACIG | 19.96 | 58.41 % |
| AICC | 17.48 | 53.33 % |
| ALETIHAD | 24.30 | 52.54 % |
| UCA | 12.60 | 50.90 % |
| TAIBA | 42.30 | 46.11 % |
| GULF GENERAL | 16.44 | 27.74 % |
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