TASI falls 1.4% to 12,284 points, total turnover at SAR 7.3B

09/05/2024 Argaam

Saudi Arabia’s benchmark Tadawul All Share Index (TASI) fell 1.4%, or 176 points, to close at 12,284 points today, May 9.
 
Total turnover reached about SAR 7.3 billion.

Market Index

Al Rajhi Bank fell 1% to SAR 79.50.
 
Advanced closed at SAR 40.05 (-3%). The company reported losses of SAR 58 million in Q1 2024, contrary to market estimates.
 
ACWA Power declined 7% to SAR 406.20 amid profit taking. 
 
Aldrees, Savola, MBC Group, SADAFCO, SASCO, Al Akaria, SRMG and Budget Saudi fell between 3% and 6%.
 
Gulf Union Alahlia went limit down to close at SAR 22.68. 

Company Prices

Company Price Change Change (%) Events
ALRAJHI 79.50 (0.80) (1.00 %) -
SAUDI CABLE 74.60 (1.60) (2.10 %) -
GASCO 86.50 (1.70) (1.93 %) -
SABIC 80.00 (1.40) (1.72 %) -
SIIG 22.98 (0.27) (1.16 %) -
ARDCO 24.10 0.54 2.29 % -
LIVA 20.90 (1.00) (4.57 %) -
ARABIAN SHIELD 23.00 (1.60) (6.50 %) -
SPPC 14.80 (0.20) (1.33 %) -
ADVANCED 40.05 (1.20) (2.91 %) -
GULF UNION ALAHLIA 22.68 (2.52) (10.00 %) -
ALKHALEEJ TRNG 36.60 (0.65) (1.74 %) -
SAUDI RE 28.20 0.60 2.17 % -
SNB 35.90 (0.05) (0.14 %) -
SAUDI ARAMCO 29.85 (0.10) (0.33 %) -
RETAL 9.30 0.47 5.32 % -
JAMJOOM PHARMA 140.00 1.40 1.01 % -
MODERN MILLS 54.40 0.20 0.37 % -
On the other hand,  Retal rose more than 5% to SAR 9.30. The company’s profit rose 50% year-on-year.
 
Saudi Re and Riyadh Development gained 2% to close at SAR 28.20 and SAR 24.10, respectively, following the announcement of Q1 2024 results.
 

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

Number of High/Low companies

Today

44
196

52 Weeks

151
98

Market Movers

Company 52 Weeks Range Price Change Price Earnings
ALBABTAIN
45.75
16.70 55.30
45.75 7.77 % 20.68
RETAL
9.30
7.85 12.58
9.30 5.32 % 20.84
TANMIAH
143.00
79.30 158.00
143.00 5.15 % 37.66
DWF
136.00
91.80 172.00
136.00 4.29 % NEG
RAOOM
70.50
46.00 79.60
70.50 4.29 % 15.28
MIS
173.00
120.20 178.00
173.00 2.85 % More than 100
ALMUNAJEM
127.40
55.10 128.20
127.40 2.74 % 27.09
ARDCO
24.10
18.58 30.16
24.10 2.29 % 18.21
OASIS
51.30
23.30 52.60
51.30 2.19 % 32.38
SAUDI RE
28.20
15.70 44.54
28.20 2.17 % 22.52

Companies trading above 3-Month Average

Company Average Volume (3M) Volume Percentage Change
RETAL 942,937.00 4,469,545.00 374.00 %
ALKHALEEJ TRNG 1,307,178.00 5,478,710.00 319.13 %
GULF UNION ALAHLIA 800,554.00 3,193,429.00 298.90 %
OASIS 456,512.00 1,702,542.00 272.95 %
UACC 195,740.00 606,887.00 210.05 %
SAUDI RE 1,254,864.00 3,798,764.00 202.72 %
CARE 107,583.00 301,296.00 180.06 %
ARABIAN SHIELD 1,360,484.00 3,719,185.00 173.37 %
ACIG 734,023.00 1,953,808.00 166.18 %
ALETIHAD 503,160.00 1,294,011.00 157.18 %
More

Companies achieved the highest and lowest closings in 52 weeks

Company Price Change 52 Weeks
CHEMICAL 8.84 183.33 %
ALBABTAIN 45.75 164.48 %
ALMUNAJEM 127.40 109.20 %
OASIS 51.30 42.11 %

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Calendar

Value Traded2,562,715,854
Open10,533.50
Prev. Close10,518.73
High10,583.39
Low10,524.57
YTD (12.07 %)
Transactions 226,985
Volume 135,724,156
Market Cap (Million) 3,068,570.80

Market Indicators

Latest update: 17/09/2025
P/E (TTM) *
18.33 X
P/E Before Unusual Items (TTM) *
20.03 X
Price/Book
2.03 X
Dividend Yield
3.41 %
* Except Aramco

Sector Closure

Sector
Value
Change
Change (%)
4,499.65
64.23 1.45 %
5,169.92
(18.79) (0.36 %)
14,055.13
155.09 1.12 %
4,095.17
4.53 0.11 %
5,591.78
22.33 0.40 %
4,626.94
9.14 0.20 %
4,033.18
(5.93) (0.15 %)
19,877.50
46.51 0.23 %
4,776.51
38.72 0.82 %
9,948.51
167.54 1.71 %
4,653.76
71.92 1.57 %
11,725.70
40.34 0.35 %
6,246.26
10.65 0.17 %
8,194.85
46.90 0.58 %
8,442.67
24.68 0.29 %
7,869.77
126.29 1.63 %
2,965.78
6.45 0.22 %
3,281.69
14.78 0.45 %
64,509.25
1,483.72 2.35 %
4,171.27
13.81 0.33 %

Most Active Companies

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
68.000
(0.460)
(0.67 %)
Nymex
64.080
(0.430)
(0.67 %)
Natural Gas
3.113
0.010
0.32 %
Gold
3,664.260
(25.790)
(0.70 %)
Silver
41.482
(1.070)
(2.51 %)
High Grade Copper
4.484
(0.014)
(0.30 %)
Iron Ore
102.030
(0.380)
(0.37 %)
Aluminum
2,545.750
(8.000)
(0.31 %)
LEAD
1,997.500
(8.000)
(0.40 %)
Zinc
2,960.000
(22.500)
(0.75 %)
Steel
825.000
0.000
0.00 %
Wheat (CBOT)
533.750
(0.200)
(0.04 %)
Corn (CBOT)
428.750
(0.600)
(0.14 %)
Coffee (ICEUS)
395.100
(14.500)
(3.56 %)
Whole Milk Powder
4,812.500
(100.000)
(2.08 %)
Skim Milk Powder
2,700.000
(87.500)
(3.24 %)
Refining margins
18.590
1.080
6.17 %
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