TASI rises 0.3% to 12,188 points, total turnover at SAR 8.8B
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 0.3%, or 31 points, higher at 12,188 points today, July 18.
Total turnover reached about SAR 8.8 billion.
                Market Index
Al Rajhi Bank and Saudi Aramco rose less than 1% to SAR 84 and SAR 28.45, respectively.
Advanced closed at SAR 41.05 (+3%). The petchem major announced a profit of SAR 42 million in Q2 2024.
SIDC jumped 5% to SAR 9.18, with about 5 million shares traded.
                Company Prices
| Company | Price | Change | Change (%) | Events | 
|---|---|---|---|---|
| ALRAJHI | 84.00 | 0.70 | 0.84 % | - | 
| SABIC | 79.10 | 0.30 | 0.38 % | - | 
| SIDC | 27.22 | 1.30 | 5.03 % | - | 
| ADVANCED | 41.05 | 1.10 | 2.75 % | - | 
| SNB | 38.30 | 0.60 | 1.59 % | - | 
| SAUDI ARAMCO | 28.45 | 0.10 | 0.35 % | - | 
| MULKIA REIT | 5.57 | (0.01) | (0.18 %) | - | 
| DERAYAH REIT | 6.31 | 0.09 | 1.45 % | - | 
| TALCO | 69.40 | (0.20) | (0.29 %) | - | 
Meanwhile, ACWA Power fell 1% to SAR 392.40.
Al Sagr Insurance declined 6% to SAR 23.34 amid profit-taking, with nearly 3.3 million shares traded. The share gained about 50% in previous sessions.
Sulaiman Al Habib, SRMG, Elm, SABIC AN and Bupa Arabia slipped between 1% and 2%.
The newly-listed Alkhabeer Diversified Income Traded Fund 2030 closed at SAR 8.83 (-5%), with around 1.2 million units changing hands.
Write to Parag Deulgaonkar at parag.d@argaam.com
Number of High/Low companies
Market Movers
| Company | 52 Weeks Range | Price | Change | Price Earnings | 
|---|---|---|---|---|
| SMASCO | 9.41 | 6.33 % | 19.68 | |
| SAPTCO | 18.88 | 5.83 % | NEG | |
| TECO | 16.60 | 5.06 % | NEG | |
| SIDC | 27.22 | 5.03 % | NEG | |
| NGC | 25.25 | 3.74 % | More than 100 | |
| MIAHONA | 43.75 | 3.55 % | 53.85 | |
| GULF UNION ALAHLIA | 20.18 | 3.49 % | 7.94 | |
| CHUBB | 25.35 | 3.21 % | 40.32 | |
| UACC | 16.88 | 3.18 % | 79.75 | |
| SAVOLA GROUP | 30.72 | 3.16 % | 10.74 | 
Companies trading above 3-Month Average
| Company | Average Volume (3M) | Volume | Percentage Change | 
|---|---|---|---|
| SIDC | 172,097.00 | 1,569,230.00 | 811.83 % | 
| RIYADH CEMENT | 181,193.00 | 1,138,120.00 | 528.13 % | 
| AYYAN | 841,750.00 | 4,545,445.00 | 440.00 % | 
| ALKHABEER INCOME | 44,047.00 | 213,060.00 | 383.71 % | 
| ALBILAD SOVEREIGN SUKUK ETF | 318,535.00 | 1,479,841.00 | 364.58 % | 
| ALSAGR INSURANCE | 726,665.00 | 3,342,144.00 | 359.93 % | 
| SAPTCO | 729,233.00 | 3,285,424.00 | 350.53 % | 
| NAJRAN CEMENT | 312,955.00 | 1,239,675.00 | 296.12 % | 
| ALBILAD US TECH ETF | 8,239.00 | 32,109.00 | 289.72 % | 
| ATAA | 109,654.00 | 413,192.00 | 276.81 % | 
| More | |||
Companies achieved the highest and lowest closings in 52 weeks
| Company | Price | Change 52 Weeks | 
|---|---|---|
| MESC | 37.05 | 128.70 % | 
| NCLE | 196.00 | 75.31 % | 
| ALBILAD GOLD ETF | 13.24 | 24.91 % | 
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Sector Closure
Sector
                    Value
                    
                        Change
                    
                    
                        Change (%)
                    
                Most Active Companies
Name
                Price
                Change (value)Change (%)
            Brent Crude Oil
                    64.62
                    
                        (0.08)
                        (0.12 %)
                    
                Nymex
                    60.90
                    
                        0.32
                        0.53 %
                    
                Natural Gas
                    4.09
                    
                        0.03
                        0.81 %
                    
                Gold
                    3,998.56
                    
                        (25.40)
                        (0.63 %)
                    
                Silver
                    48.50
                    
                        (0.41)
                        (0.85 %)
                    
                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) ($)
                    -
                        
                            -
                            -
                        
                Fujairah Fuel Pric (mt) ($)
                    -
                        
                            -
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                VLCC "TC/1Year" ($)
                    -
                        
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