TASI climbs 0.8% to 12,460 points, total turnover at SAR 8.2B

08/05/2024 Argaam

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%).
 
Write to Parag Deulgaonkar at parag.d@argaam.com

Number of High/Low companies

Today

143
91

52 Weeks

153
100

Market Movers

Company 52 Weeks Range Price Change Price Earnings
ACWA
435.33
147.53 489.51
435.33 9.70 % More than 100
ALKHALEEJ TRNG
37.25
17.02 41.15
37.25 8.92 % More than 100
MEDGULF
34.75
8.49 35.05
34.75 8.09 % 25.07
SAUDI DARB
1.93
1.79 3.03
1.93 7.66 % More than 100
MALATH INSURANCE
21.70
9.91 26.35
21.70 6.48 % More than 100
TAIBA
48.00
25.10 48.00
48.00 6.19 % 87.29
GULF UNION ALAHLIA
25.20
10.20 25.70
25.20 5.70 % 9.91
SRMG
252.40
114.00 335.60
252.40 5.61 % 38.42
EAST PIPES
163.00
54.60 163.20
163.00 5.16 % 14.37
ALRAJHI TAKAFUL
157.00
41.28 162.60
157.00 4.95 % 41.52

Companies trading above 3-Month Average

Company Average Volume (3M) Volume Percentage Change
YAQEEN 30 ETF 7,734.00 327,324.00 4,132.27 %
ACIG 705,087.00 6,200,227.00 779.36 %
OASIS 4,310,566.00 23,019,810.00 434.03 %
JADWA REIT SAUDI 102,447.00 413,936.00 304.05 %
ACWA 530,228.00 2,016,918.00 280.39 %
TAWUNIYA 254,540.00 745,934.00 193.05 %
CARE 104,888.00 242,433.00 131.14 %
MALATH INSURANCE 1,066,571.00 2,388,978.00 123.99 %
ARABIAN SHIELD 1,344,336.00 2,882,294.00 114.40 %
ALHAMMADI 768,969.00 1,629,367.00 111.89 %
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 %

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Calendar

Company Event
ALARABIA General Assembly
TALEEM REIT Ex-dividend Date
SAR Key Events
Value Traded5,152,985,901
Open11,330.43
Prev. Close11,328.52
High11,381.82
Low11,306.60
YTD 8.11 %
Transactions 418,433
Volume 219,422,299
Market Cap (Million) 3,294,497.69

Market Indicators

Latest update: 04/02/2026
P/E (TTM) *
19.08 X
P/E Before Unusual Items (TTM) *
20.72 X
Price/Book
2.11 X
Dividend Yield
3.09 %
* Except Aramco

Sector Closure

Sector
Value
Change
Change (%)
4,894.48
9.94 0.20 %
5,564.75
61.63 1.12 %
15,809.54
(169.14) (1.06 %)
4,019.95
(12.81) (0.32 %)
4,903.11
58.22 1.20 %
3,605.34
(27.08) (0.75 %)
3,433.38
(12.10) (0.35 %)
15,481.42
(258.10) (1.64 %)
4,316.31
(30.92) (0.71 %)
10,164.16
(60.62) (0.59 %)
4,561.04
(46.99) (1.02 %)
13,644.75
31.17 0.23 %
5,706.05
(48.58) (0.84 %)
8,554.70
(33.44) (0.39 %)
9,146.93
(41.89) (0.46 %)
7,451.32
61.00 0.83 %
2,999.39
(3.83) (0.13 %)
3,126.55
(18.13) (0.58 %)
55,924.95
(2,294.77) (3.94 %)
5,414.36
307.32 6.02 %

Most Active Companies

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
69.46
2.13
3.14 %
Nymex
65.14
1.93
3.03 %
Natural Gas
3.46
0.00
0.06 %
Gold
5,016.95
53.52
1.07 %
Silver
89.37
1.37
1.55 %
High Grade Copper
6.01
(0.23)
(3.70 %)
Iron Ore
102.17
0.01
0.01 %
Aluminum
3,017.25
(36.25)
(1.19 %)
LEAD
1,965.50
4.50
0.23 %
Zinc
3,305.50
(14.00)
(0.42 %)
Steel
959.00
5.00
0.52 %
Wheat (CBOT)
526.75
(2.00)
(0.38 %)
Corn (CBOT)
429.50
1.00
0.23 %
Coffee (ICEUS)
297.85
(3.05)
(1.01 %)
Whole Milk Powder
3,562.50
37.50
1.05 %
Skim Milk Powder
2,525.00
125.00
4.95 %
Refining margins
11.81
1.97
20.02 %
VLCC "Spot"
-
-
-
LPG (mt) ($)
-
-
-
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "TC/1Year" ($)
-
-
-