TASI drops 1.5% to 11,660 points, lowest close since December 2023

28/05/2024 Argaam

Saudi Arabia’s benchmark Tadawul All Share Index (TASI) declined 1.5%, or 171 points, to close at 11,660 points today, May 28, recording its lowest level since December 2023.
 
Total turnover reached about SAR 5.3 billion.
 
The index’s losses reached nearly 300 points, or 2.6%, since the beginning of the year.

Market Index

Saudi Aramco and Saudi National Bank declined to SAR 29.25 (-1%) and SAR 33 (-2%), respectively.
 
ACWA Power was the top decliner, falling 5% to SAR 456.60. , Nearly 575,000 shares were traded.
 
Al Othaim and Mouwasat each fell 3% to close at SAR 11.46 and SAR 109, respectively, after going ex-dividend.

Company Prices

Company Price Change Change (%) Events
ALRAJHI 77.60 (0.20) (0.26 %) -
SABIC 75.10 (1.20) (1.57 %) -
SIDC 27.58 (0.27) (0.96 %) -
A.OTHAIM MARKET 11.46 (0.34) (2.88 %) -
JABAL OMAR 23.80 (0.20) (0.83 %) -
MOUWASAT 109.00 (2.80) (2.50 %) -
SNB 33.00 (0.70) (2.08 %) -
SAUDI ARAMCO 29.25 (0.25) (0.85 %) -
On the other hand, SISCO rose 6% to SAR 34.25.
 
Write to Parag Deulgaonkar at parag.d@argaam.com

Number of High/Low companies

Today

29
207

52 Weeks

124
126

Market Movers

Company 52 Weeks Range Price Change Price Earnings
SISCO HOLDING
34.25
23.18 41.00
34.25 6.20 % 91.54
AZM
15.68
9.99 25.94
15.68 5.09 % 43.21
MEDGULF
26.10
9.10 35.05
26.10 3.98 % 14.31
AYYAN
18.25
11.54 26.79
18.25 3.63 % NEG
RAOOM
65.50
46.00 79.60
65.50 3.15 % 14.20
FIPCO
51.30
36.10 60.40
51.30 3.01 % 45.91
OBEIKAN GLASS
49.95
27.02 63.53
49.95 1.83 % 23.62
SAUDI RE
25.00
15.70 46.00
25.00 1.54 % 19.97
SPM
76.20
27.27 83.80
76.20 1.46 % 28.07
MUSHARAKA REIT
5.04
4.20 7.94
5.04 1.41 % NEG

Companies trading above 3-Month Average

Company Average Volume (3M) Volume Percentage Change
SIDC 199,389.00 644,091.00 223.03 %
BONYAN REIT 107,025.00 285,715.00 166.96 %
MUSHARAKA REIT 121,967.00 298,396.00 144.65 %
SABI QUANT ETF 618.00 1,479.00 139.32 %
SULAIMAN ALHABIB 154,838.00 313,641.00 102.56 %
ETIHAD ETISALAT 851,037.00 1,676,021.00 96.94 %
QACCO 43,545.00 84,390.00 93.80 %
MOUWASAT 334,620.00 622,054.00 85.90 %
SEDCO CAPITAL REIT 105,900.00 181,500.00 71.39 %
TALEEM REIT 79,270.00 134,178.00 69.27 %
More

Companies achieved the highest and lowest closings in 52 weeks

Company Price Change 52 Weeks
ALINMA GOVERNMENT SUKUK ETF 10.58 5.69 %

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Calendar

Company Event
E.I.A Reports
ALMAJDIAH listing date
SALAMA General Assembly
Value Traded4,339,223,083
Open10,499.99
Prev. Close10,497.05
High10,529.17
Low10,421.08
YTD (12.52 %)
Transactions 586,209
Volume 253,052,353
Market Cap (Million) 3,052,925.23

Market Indicators

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

Sector Closure

Sector
Value
Change
Change (%)
4,420.48
12.11 0.27 %
5,110.16
23.85 0.47 %
13,926.85
(102.79) (0.73 %)
4,194.82
14.68 0.35 %
5,496.72
35.13 0.64 %
4,636.39
31.13 0.68 %
4,091.08
(12.49) (0.30 %)
19,923.59
358.66 1.83 %
4,765.36
24.71 0.52 %
9,867.73
(88.55) (0.89 %)
4,673.40
10.64 0.23 %
11,743.38
26.02 0.22 %
6,176.52
54.30 0.89 %
8,099.32
59.87 0.74 %
8,457.13
22.14 0.26 %
7,904.99
48.63 0.62 %
2,935.21
(3.98) (0.14 %)
3,298.95
25.94 0.79 %
63,214.43
(8.35) (0.01 %)
3,746.55
(24.17) (0.64 %)

Most Active Companies

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
66.39
0.37
0.56 %
Nymex
62.63
0.37
0.59 %
Natural Gas
3.12
0.03
0.87 %
Gold
3,626.39
(7.78)
(0.21 %)
Silver
40.88
(0.45)
(1.10 %)
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
1,975.50
(14.50)
(0.73 %)
Zinc
2,865.50
(7.50)
(0.26 %)
Steel
825.00
0.00
0.00 %
Wheat (CBOT)
520.25
(3.60)
(0.69 %)
Corn (CBOT)
419.75
(2.20)
(0.52 %)
Coffee (ICEUS)
381.80
(3.05)
(0.79 %)
Whole Milk Powder
4,912.50
(37.50)
(0.76 %)
Skim Milk Powder
2,787.50
0.00
0.00 %
Refining margins
14.25
(0.69)
(4.62 %)
VLCC "Spot"
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