05/05/2024 Argaam
AI Summary
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) rose 0.2%, or 21 points, to close at 12,373 points today, May 5.
Total turnover reached about SAR 5.3 billion.
Saudi National Bank rose 2% to SAR 36.75.
Bank Albilad, MEDGULF, Maharah, solutions, SAL, Bupa Arabia, Arabian Drilling, and Al Akaria increased between 2% and 4%.
Bahri gained 2% to SAR 28. The company reported a profit of SAR 452.9 million in Q1 2024.
Saudi Cable jumped 6% to close at SAR 78.80, with about 1.5 million shares traded.
| Company | Price | Change | Change (%) | Events |
|---|---|---|---|---|
| NADEC | 33.75 | (1.60) | (4.53 %) | - |
| ALBILAD | 30.62 | 0.83 | 2.80 % | - |
| ANB | 22.87 | (0.07) | (0.33 %) | - |
| SAUDI CABLE | 78.80 | 4.80 | 6.49 % | - |
| TASNEE | 13.56 | (0.28) | (2.02 %) | - |
| BAHRI | 22.40 | 0.40 | 1.82 % | - |
| BUPA ARABIA | 250.00 | 7.20 | 2.97 % | - |
| MEDGULF | 30.10 | 0.65 | 2.21 % | - |
| SOLUTIONS | 350.00 | 11.60 | 3.43 % | - |
| ARABIAN DRILLING | 155.00 | 3.00 | 1.97 % | - |
| MAHARAH | 6.52 | 0.24 | 3.82 % | - |
On the other hand, Tasnee declined 2% to SAR 13.56 after the company reported losses of SAR 72.1 million in Q1 2024.
NADEC closed at SAR 33.75 (-5%).
GIG was almost 10% down at SAR 34.90 after the company posted a loss of SAR 20.2 million in Q1 2024.
| Company | 52 Weeks Range | Price | Change | Price Earnings |
|---|---|---|---|---|
| RAOOM | 71.40 | 10.70 % | 15.47 | |
| OASIS | 47.45 | 9.97 % | 31.52 | |
| RAYDAN | 33.40 | 8.09 % | NEG | |
| SAUDI CABLE | 78.80 | 6.49 % | 14.39 | |
| MAHARAH | 6.52 | 3.82 % | 31.91 | |
| ALSAIF GALLERY | 11.98 | 3.63 % | 42.70 | |
| ALASEEL | 5.26 | 3.54 % | 23.59 | |
| TAIBA | 44.15 | 3.52 % | More than 100 | |
| ALOMRAN | 39.95 | 3.50 % | NEG | |
| SOLUTIONS | 350.00 | 3.43 % | 33.83 |
| Company | Average Volume (3M) | Volume | Percentage Change |
|---|---|---|---|
| SIPCHEM | 2,143,187.00 | 10,125,540.00 | 372.45 % |
| RAYDAN | 283,360.00 | 1,336,293.00 | 371.59 % |
| OASIS | 298,714.00 | 1,372,063.00 | 359.32 % |
| ALBILAD US ETF | 4,936.00 | 14,642.00 | 196.64 % |
| ABO MOATI | 345,466.00 | 859,236.00 | 148.72 % |
| ALSAIF GALLERY | 2,801,143.00 | 6,929,134.00 | 147.37 % |
| SAUDI CABLE | 590,592.00 | 1,458,648.00 | 146.98 % |
| ALASEEL | 3,940,471.00 | 9,398,473.00 | 138.51 % |
| MAHARAH | 3,573,790.00 | 7,707,785.00 | 115.68 % |
| THIMAR | 399,108.00 | 813,841.00 | 103.91 % |
| More | |||
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