TASI falls 1.3% to below 12,000 points, lowest close in 3 months
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
Market Movers
| Company | 52 Weeks Range | Price | Change | Price Earnings |
|---|---|---|---|---|
| SAUDI DARB | 1.93 | 7.66 % | More than 100 | |
| AYYAN | 18.07 | 6.34 % | NEG | |
| RIYADH CABLES | 107.80 | 5.69 % | 28.63 | |
| EAST PIPES | 157.80 | 5.06 % | 39.80 | |
| JAZIRA TAKAFUL | 18.56 | 4.74 % | 24.54 | |
| OBEIKAN GLASS | 49.90 | 4.18 % | 23.60 | |
| SVCP | 42.95 | 4.00 % | NEG | |
| SISCO HOLDING | 33.00 | 3.61 % | 88.20 | |
| SADR | 3.66 | 3.39 % | NEG | |
| ANAAM HOLDING | 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
Sector Closure
Sector
Value
Change
Change (%)
Most Active Companies
Name
Price
Change (value)Change (%)
Brent Crude Oil
64.66
(0.04)
(0.06 %)
Nymex
60.98
0.41
0.68 %
Natural Gas
4.12
0.17
4.14 %
Gold
4,002.85
(21.61)
(0.54 %)
Silver
48.68
(0.24)
(0.49 %)
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
2,023.00
1.00
0.05 %
Zinc
3,049.50
6.50
0.21 %
Steel
825.00
0.00
0.00 %
Wheat (CBOT)
534.00
9.60
1.83 %
Corn (CBOT)
431.50
1.20
0.28 %
Coffee (ICEUS)
392.05
0.05
0.01 %
Whole Milk Powder
4,150.00
(200.00)
(4.82 %)
Skim Milk Powder
2,500.00
(50.00)
(2.00 %)
Refining margins
18.06
2.70
17.58 %
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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