TASI climbs 0.8% to 12,460 points, total turnover at SAR 8.2B
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) rose 0.8%, or 102 points, to close at 12,460 points today, May 8.
Total turnover reached about SAR 8.2 billion.
Market Index
ACWA Power rose nearly 10% to SAR 438.80, with about 2 million shares worth SAR 860 million traded. The total shares traded surpassed 10% of the overall market trading volume.
stc gained 2% to close at SAR 38.15. The telco reported a Q1 2024 profit of SAR 3.3 billion and announced a cash dividend.
Maaden, Savola, SRMC and MARAFIQ climbed between 3 and 6%.
Company Prices
| Company | Price | Change | Change (%) | Events |
|---|---|---|---|---|
| STC | 38.15 | 0.65 | 1.73 % | - |
| ALRAJHI | 80.30 | (0.50) | (0.62 %) | - |
| ALUJAIN | 42.20 | 0.60 | 1.44 % | - |
| SAUDI CERAMICS | 29.09 | 0.76 | 2.68 % | - |
| SABIC | 81.40 | 0.70 | 0.87 % | - |
| SAVOLA GROUP | 32.48 | 0.94 | 2.99 % | - |
| HB | 51.10 | 1.40 | 2.82 % | - |
| SNB | 35.95 | (0.20) | (0.55 %) | - |
| SAUDI ARAMCO | 29.95 | 0.00 | 0.00 % | - |
| TALEEM REIT | 11.04 | 0.02 | 0.18 % | - |
| Al RAJHI REIT | 8.70 | 0.06 | 0.69 % | - |
| NAYIFAT | 13.94 | (0.14) | (0.99 %) | - |
| NAHDI | 133.60 | (3.40) | (2.48 %) | - |
On the other hand, Al Rajhi Bank declined 1% to SAR 80.30.
Nahdi fell more than 2% to SAR 133.60 after Q1 2024 profit declined 5% year-on-year.
Jabal Omar closed at SAR 27.40 (-2%).
Number of High/Low companies
Market Movers
| Company | 52 Weeks Range | Price | Change | Price Earnings |
|---|---|---|---|---|
| ACWA POWER | 435.33 | 9.70 % | More than 100 | |
| ALKHALEEJ TRNG | 37.25 | 8.92 % | More than 100 | |
| MEDGULF | 34.75 | 8.09 % | 25.066 | |
| SAUDI DARB | 1.93 | 7.66 % | More than 100 | |
| MALATH INSURANCE | 21.70 | 6.48 % | More than 100 | |
| TAIBA | 48.00 | 6.19 % | 87.288 | |
| GULF UNION ALAHLIA | 25.20 | 5.70 % | 9.914 | |
| SRMG | 252.40 | 5.61 % | 38.423 | |
| EAST PIPES | 163.00 | 5.16 % | 14.370 | |
| ALRAJHI TAKAFUL | 157.00 | 4.95 % | 41.517 |
Companies trading above 3-Month Average
| Company | Average Volume (3M) | Volume | Percentage Change |
|---|---|---|---|
| YAQEEN 30 ETF | 7,734.000 | 327,324.000 | 4,132.27 % |
| ACIG | 705,087.000 | 6,200,227.000 | 779.36 % |
| OASIS | 4,310,566.000 | 23,019,810.000 | 434.03 % |
| JADWA REIT SAUDI | 102,447.000 | 413,936.000 | 304.05 % |
| ACWA POWER | 530,228.000 | 2,016,918.000 | 280.39 % |
| TAWUNIYA | 254,540.000 | 745,934.000 | 193.05 % |
| CARE | 104,888.000 | 242,433.000 | 131.14 % |
| MALATH INSURANCE | 1,066,571.000 | 2,388,978.000 | 123.99 % |
| ARABIAN SHIELD | 1,344,336.000 | 2,882,294.000 | 114.40 % |
| ALHAMMADI | 768,969.000 | 1,629,367.000 | 111.89 % |
| More | |||
Companies achieved the highest and lowest closings in 52 weeks
| Company | Price | Change 52 Weeks |
|---|---|---|
| MEDGULF | 34.75 | 281.45 % |
| ALRAJHI TAKAFUL | 157.00 | 273.10 % |
| EIC | 5.91 | 266.53 % |
| EAST PIPES | 163.00 | 187.48 % |
| CHEMICAL | 8.75 | 176.46 % |
| GULF UNION ALAHLIA | 25.20 | 129.93 % |
| WALAA | 28.60 | 122.08 % |
| ALMUNAJEM | 124.00 | 103.61 % |
| WATANIYA | 32.00 | 79.78 % |
| SAICO | 22.18 | 64.05 % |
| TAIBA | 48.00 | 61.62 % |
| ALETIHAD | 25.38 | 58.61 % |
| ACIG | 20.66 | 50.80 % |
| ARABIAN SHIELD | 24.60 | 39.77 % |
| OASIS | 5.02 | 39.44 % |
| MUTAKAMELA | 22.06 | 35.84 % |
| GULF GENERAL | 16.88 | 22.73 % |
| RAYDAN | 72.71 | 15.44 % |
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Sector Closure
Sector
Value
Change
Change (%)
Most Active Companies
Name
Price
Change (value)Change (%)
Brent Crude Oil
59.61
(0.12)
(0.20 %)
Nymex
56.15
0.21
0.37 %
Natural Gas
3.93
(0.02)
(0.41 %)
Gold
4,317.22
(14.91)
(0.34 %)
Silver
64.67
(0.64)
(0.99 %)
High Grade Copper
5.49
(0.01)
(0.18 %)
Iron Ore
106.90
0.29
0.27 %
Aluminum
2,919.00
(3.00)
(0.10 %)
LEAD
1,965.00
6.00
0.31 %
Zinc
3,060.50
5.00
0.16 %
Steel
922.00
0.00
0.00 %
Wheat (CBOT)
507.75
1.40
0.28 %
Corn (CBOT)
444.50
3.60
0.82 %
Coffee (ICEUS)
345.10
(2.45)
(0.70 %)
Whole Milk Powder
3,675.00
(175.00)
(4.76 %)
Skim Milk Powder
2,412.50
(12.50)
(0.52 %)
Refining margins
7.83
(0.52)
(6.23 %)
VLCC "Spot"
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LPG (mt) ($)
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Fujairah Fuel Pric (mt) ($)
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VLCC "TC/1Year" ($)
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