TASI up 0.1% at 12,352 points, traded value at SAR 6.6B

02/05/2024 Argaam

Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 0.1%, or 7 points, higher at 12,352 today, May 2. The total traded value reached about SAR 6.6 billion.

Market Index

Bank AlJazira added 2% to SAR 16.26 after announcing a 47% profit leap year-on-year in Q1 2024.

 

Raydan, MEDGULF, NCLE, MBC Group, Elm, and Al-Rajhi Takaful gained between 4% and 7%.

 

Electrical Industries notched the highest close since debut at SAR 5.22 (+6%) after nearly 21 million shares were traded. Year to date, the stock has boosted its gains to over 80%.

 

Fueled by the company’s announcement of higher-than-expected Q1 2024 earnings, Tawuniya climbed 7%.

Company Prices

Company Price Change Change (%) Events
TAWUNIYA 160.80 10.00 6.63 % -
ALRAJHI 79.80 (0.10) (0.13 %) -
BJAZ 16.26 0.26 1.63 % -
SABIC 82.50 (1.30) (1.55 %) -
SASCO 81.20 (3.50) (4.13 %) -
SNB 36.20 (1.05) (2.82 %) -
SAUDI ARAMCO 29.95 (0.10) (0.33 %) -
EIC 5.22 0.28 5.67 % -
MARAFIQ 63.50 (3.50) (5.22 %) -
Al RAJHI REIT 8.68 0.12 1.40 % -

On the other hand, SNB finished 3% lower at SAR 36.20 following the ex-date.

 

SABIC shed 2% to SAR 82.50. The company announced on May 1 a 62% slump in the first-quarter net earnings to SAR 250 million.

 

Meanwhile, MARAFIQ dropped 5% to SAR 63.50. SASCO also ended 4% down at SAR 81.20 after the Q1 2024 earnings announcement.

Number of High/Low companies

Today

125
106

52 Weeks

142
92

Market Movers

Company 52 Weeks Range Price Change Price Earnings
ALBAHA
0.14
0.13 0.22
0.14 7.69 % More than 50
RAYDAN
30.90
23.00 31.70
30.90 7.29 % NEG
TAWUNIYA
160.80
86.83 176.00
160.80 6.63 % 32.82
EIC
5.22
1.59 6.33
5.22 5.67 % 24.35
MEDGULF
29.45
8.43 30.50
29.45 5.56 % 15.35
NCLE
155.60
91.30 184.00
155.60 4.57 % More than 50
ALRAJHI TAKAFUL
137.20
40.48 142.80
137.20 4.26 % 41.82
MBC GROUP
55.80
27.50 87.80
55.80 3.91 % -
ACIG
19.82
10.94 21.60
19.82 3.88 % 9.10
ELM
942.00
427.00 1,125.00
942.00 3.63 % More than 50

Companies trading above 3-Month Average

Company Average Volume (3M) Volume Percentage Change
YAQEEN PETROCHEMICAL 4,376.00 16,706.00 281.76 %
RAYDAN 262,160.00 944,058.00 260.11 %
SICO SAUDI REIT 345,213.00 1,180,749.00 242.03 %
EIC 8,111,434.00 21,086,850.00 159.96 %
ALBILAD GOLD 46,635.00 118,904.00 154.97 %
ALINMA SUKUK 2,137.00 5,147.00 140.85 %
TAWUNIYA 234,788.00 564,269.00 140.33 %
FIRST MILLS 626,494.00 1,434,764.00 129.01 %
SAUDI ELECTRICITY 1,508,655.00 3,390,544.00 124.74 %
YANSAB 1,059,775.00 2,300,567.00 117.08 %
More

Companies achieved the highest and lowest closings in 52 weeks

Company Price Change 52 Weeks
EIC 5.22 214.00 %
NADEC 35.35 144.73 %
WALAA 31.50 123.40 %
ALMUNAJEM 123.00 102.64 %
WATANIYA 31.60 90.59 %
MCDC 110.00 54.28 %
TAIBA 42.65 44.58 %

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Calendar

Event Company
Eligibility for bonus shares SHAKER
General Assembly SHAKER
General Assembly ALANDALUS
IPO/ Subscription Alkhabeer 2030 Diversified Income ETF
Financial results date Saudi financial market
Ex-dividend Date ALINMA
Value Traded7,156,452,702
Open12,146.10
Prev. Close12,103.20
High12,222.78
Low12,124.50
YTD 1.93 %
Transactions 513,149
Volume 263,796,817
Market Cap (Million) 3,422,415.65

Market Indicators

Latest update: 16/05/2024
P/E (TTM) *
27.60 X
P/E Before Unusual Items (TTM) *
27.12 X
Price/Book
2.45 X
Dividend Yield
2.64 %
* Except Aramco

Sector Closure

Sector
Value
Change
Change (%)
5,608.53
82.57 1.49 %
6,163.50
57.98 0.95 %
12,696.70
(183.01) (1.42 %)
5,230.30
20.41 0.39 %
7,184.39
(154.19) (2.10 %)
5,658.86
21.39 0.38 %
5,283.00
(40.01) (0.75 %)
29,950.38
305.78 1.03 %
9,731.99
(190.96) (1.92 %)
6,002.94
(40.74) (0.67 %)
13,062.60
93.61 0.72 %
5,153.57
0.80 0.02 %
11,666.31
83.14 0.72 %
7,943.78
67.97 0.86 %
10,402.50
(110.36) (1.05 %)
7,596.97
13.05 0.17 %
15,487.60
685.10 4.63 %
3,324.58
(10.66) (0.32 %)
3,497.78
(88.91) (2.48 %)
70,524.92
(176.87) (0.25 %)

Most Active Companies

Name
 
Price
Change (value)Change (%)
Brent Crude Oil
83.98
0.71 0.85 %
Nymex
80.06
0.83 1.05 %
Natural Gas
2.63
0.13 5.27 %
Gold
2,417.40
31.90 1.34 %
Silver
31.26
1.38 4.64 %
High Grade Copper
5.05
0.17 3.54 %
Iron Ore
117.02
0.17 0.15 %
Aluminum
2,600.75
20.75 0.80 %
LEAD
2,302.50
13.00 0.57 %
Zinc
3,041.00
80.00 2.71 %
Steel
803.00
13.00 1.64 %
Wheat (CBOT)
651.25
(12.00) (1.81 %)
Corn (CBOT)
452.50
(4.40) (0.96 %)
Coffee (ICEUS)
206.60
8.70 4.39 %
Whole Milk Powder
3,912.50
25.00 0.64 %
Skim Milk Powder
2,525.00
0.00 0.00 %
Refining margins
11.65
1.84 18.76 %
Fujairah Fuel Pric (mt) ($)
-
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VLCC "TC/1Year" ($)
-
- -
VLCC "Spot"
-
- -
LPG (mt) ($)
-
- -
MR Atlantic ($)
-
- -
Dry Bulk Panamax ($)
-
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