TASI falls 1.3% to below 12,000 points, lowest close in 3 months

23/05/2024 Argaam

Saudi Arabia’s benchmark Tadawul All Share Index (TASI) declined 1.3%, or 161 points, to close at 11,996 points today, May 23, the lowest close in three months.
 
Total turnover reached about SAR 5.6 billion.
 
Losses reached about 400 points, or 3.2%, since the beginning of this month.

Market Index

Al Rajhi Bank and Saudi National Bank declined to SAR 79.10 (-1%) and SAR 33.95 (-3%), respectively.
 
Alinma Bank, Mouwasat, Jabal Omar, Albilad Bank, Riyad Bank, Maaden, stc, Maharah, and Al Mawarid fell between 2% and 4%.
 
BSF closed at SAR 34.45 (-5%) after going ex-dividend. Nealy 1.6 million shares were traded.
 
Bupa Arabia was the top decliner, falling 7% to SAR 229.80.

Company Prices

Company Price Change Change (%) Events
ALRAJHI 79.10 (1.10) (1.37 %) -
BSF 16.62 (0.89) (5.10 %) -
SABIC 76.80 (1.20) (1.54 %) -
CARE 169.80 (4.20) (2.41 %) -
JAZIRA TAKAFUL 18.56 0.84 4.74 % -
SNB 33.95 (1.20) (3.41 %) -
SAUDI ARAMCO 29.95 (0.10) (0.33 %) -
BONYAN REIT 9.32 0.00 0.00 % -
On the other hand, AYYAN rose 6% to SAR 19.80.
 
AlJazira Takaful gained 5% to SAR 18.56 after announcing a cash dividend for 2023.
 

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

Number of High/Low companies

Today

67
162

52 Weeks

130
120

Market Movers

Company 52 Weeks Range Price Change Price Earnings
SAUDI DARB
1.93
1.79 3.03
1.93 7.66 % More than 100
AYYAN
18.07
11.59 26.79
18.07 6.34 % NEG
RIYADH CABLES
107.80
58.20 122.00
107.80 5.69 % 28.63
EAST PIPES
157.80
58.00 177.80
157.80 5.06 % 39.80
JAZIRA TAKAFUL
18.56
11.91 21.02
18.56 4.74 % 24.54
OBEIKAN GLASS
49.90
24.88 63.53
49.90 4.18 % 23.60
SVCP
42.95
26.08 56.90
42.95 4.00 % NEG
SISCO HOLDING
33.00
23.18 41.00
33.00 3.61 % 88.20
SADR
3.66
2.74 5.28
3.66 3.39 % NEG
ANAAM HOLDING
21.40
15.63 28.60
21.40 2.88 % 49.95

Companies trading above 3-Month Average

Company Average Volume (3M) Volume Percentage Change
BONYAN REIT 96,444.00 410,288.00 325.42 %
STC 3,537,360.00 8,725,965.00 146.68 %
JAZIRA TAKAFUL 634,756.00 1,561,855.00 146.06 %
RIYADH CABLES 275,113.00 631,488.00 129.54 %
SOLUTIONS 153,790.00 349,413.00 127.20 %
SACO 421,173.00 889,587.00 111.22 %
ETIHAD ETISALAT 836,728.00 1,715,356.00 105.01 %
GIG 375,356.00 753,508.00 100.74 %
ASLAK 349,047.00 688,497.00 97.25 %
AMLAK 117,975.00 230,545.00 95.42 %
More

Companies achieved the highest and lowest closings in 52 weeks

Company Price Change 52 Weeks
ALINMA GOVERNMENT SUKUK ETF 10.53 5.19 %

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Calendar

Company Event
AMANA INSURANCE General Assembly
American Petroleum Institute Reports
US Federal Important meetings and events
ADVANCED General Assembly
Value Traded4,322,071,383
Open10,429.59
Prev. Close10,427.06
High10,518.73
Low10,406.69
YTD (12.61 %)
Transactions 498,928
Volume 242,714,505
Market Cap (Million) 3,057,494.04

Market Indicators

Latest update: 16/09/2025
P/E (TTM) *
18.27 X
P/E Before Unusual Items (TTM) *
19.96 X
Price/Book
2.02 X
Dividend Yield
3.41 %
* Except Aramco

Sector Closure

Sector
Value
Change
Change (%)
4,435.42
25.28 0.57 %
5,188.71
44.48 0.86 %
13,900.04
170.54 1.24 %
4,090.64
22.46 0.55 %
5,569.45
137.20 2.53 %
4,617.80
96.33 2.13 %
4,039.11
36.10 0.90 %
19,830.99
378.32 1.94 %
4,737.79
93.32 2.01 %
9,780.97
36.36 0.37 %
4,581.84
64.05 1.42 %
11,685.36
113.06 0.98 %
6,235.61
102.45 1.67 %
8,147.95
110.03 1.37 %
8,417.99
51.59 0.62 %
7,743.48
6.25 0.08 %
2,959.33
11.36 0.39 %
3,266.91
22.29 0.69 %
63,025.53
485.96 0.78 %
4,157.46
31.08 0.75 %

Most Active Companies

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
68.09
0.65
0.97 %
Nymex
64.09
0.78
1.23 %
Natural Gas
3.07
0.03
0.89 %
Gold
3,688.81
10.98
0.30 %
Silver
42.81
0.15
0.35 %
High Grade Copper
4.48
(0.01)
(0.30 %)
Iron Ore
102.03
(0.38)
(0.37 %)
Aluminum
2,545.75
(8.00)
(0.31 %)
LEAD
2,002.50
1.00
0.05 %
Zinc
2,982.00
0.00
0.00 %
Steel
825.00
0.00
0.00 %
Wheat (CBOT)
529.75
4.60
0.88 %
Corn (CBOT)
427.00
3.60
0.85 %
Coffee (ICEUS)
417.15
(1.05)
(0.25 %)
Whole Milk Powder
4,812.50
(100.00)
(2.08 %)
Skim Milk Powder
2,700.00
(87.50)
(3.24 %)
Refining margins
17.51
6.75
62.73 %
VLCC "Spot"
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