TASI slips 0.5% to 12,046 points, traded value at SAR 6B
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) ended 0.5%, or 64 points, lower at 12,046 points today, Aug. 1. Traded value reached nearly SAR 6 billion.
Market Index
Al Rajhi Bank dipped 1% to SAR 85.
Gulf Union Alahlia was the top loser, shedding 10% to SAR 17.30 after nearly 2.1 million shares were traded at SAR 36 million.
The insurance service provider announced today a 77% year-on-year slump in Q2 2024 net profit.
SIIG also finished 2% down at SAR 20.08.
Company Prices
| Company | Price | Change | Change (%) | Events | 
|---|---|---|---|---|
| ALRAJHI | 85.00 | (0.60) | (0.70 %) | - | 
| ALUJAIN | 41.15 | (0.70) | (1.67 %) | - | 
| SABIC | 79.40 | 0.60 | 0.76 % | - | 
| SIIG | 20.75 | (0.33) | (1.57 %) | - | 
| ARDCO | 23.66 | (0.22) | (0.92 %) | - | 
| SAPTCO | 17.78 | (0.70) | (3.79 %) | - | 
| SALAMA | 22.26 | (0.33) | (1.46 %) | - | 
| BUDGET SAUDI | 89.40 | 0.00 | 0.00 % | - | 
| MESC | 34.95 | (1.45) | (3.98 %) | - | 
| GULF UNION ALAHLIA | 17.30 | (1.92) | (9.99 %) | - | 
| ALKHALEEJ TRNG | 28.20 | (0.65) | (2.25 %) | - | 
| SSP | 70.00 | (3.60) | (4.89 %) | - | 
| CARE | 214.00 | 7.40 | 3.58 % | - | 
| SNB | 38.05 | 0.05 | 0.13 % | - | 
| SAUDI ARAMCO | 27.50 | (0.10) | (0.36 %) | - | 
| MARAFIQ | 61.80 | 0.30 | 0.49 % | - | 
| Al RAJHI REIT | 8.58 | 0.06 | 0.70 % | - | 
| 2P | 16.20 | 0.14 | 0.87 % | - | 
On the other hand, SABIC advanced 1% to SAR 79.40 driven by the company’s announcement of a profit rise to SAR 2.2 billion in Q2 2024, which came above consensus estimates.
Cenomi Retail jumped 6% to SAR 8.25.
Number of High/Low companies
Market Movers
| Company | 52 Weeks Range | Price | Change | Price Earnings | 
|---|---|---|---|---|
| OBEIKAN GLASS | 59.00 | 18.00 % | 27.90 | |
| CENOMI RETAIL | 8.25 | 5.91 % | NEG | |
| PETRO RABIGH | 7.41 | 4.96 % | NEG | |
| ALBILAD US TECH ETF | 16.56 | 4.41 % | - | |
| CARE | 214.00 | 3.58 % | 33.37 | |
| ALBABTAIN | 37.70 | 3.29 % | 11.49 | |
| SADAFCO | 352.00 | 2.44 % | 24.18 | |
| MIAHONA | 38.10 | 2.28 % | 53.85 | |
| AMAK | 60.60 | 2.02 % | More than 100 | |
| SINAD HOLDING | 13.64 | 1.64 % | NEG | 
Companies trading above 3-Month Average
| Company | Average Volume (3M) | Volume | Percentage Change | 
|---|---|---|---|
| ALDAWAA | 254,343.00 | 2,653,397.00 | 943.24 % | 
| ALBILAD US TECH ETF | 9,855.00 | 57,654.00 | 485.02 % | 
| 2P | 1,643,912.00 | 8,017,692.00 | 387.72 % | 
| KINGDOM | 683,804.00 | 2,894,655.00 | 323.32 % | 
| ALOMRAN | 129,062.00 | 475,665.00 | 268.56 % | 
| GULF UNION ALAHLIA | 590,211.00 | 2,077,022.00 | 251.91 % | 
| ACC | 136,503.00 | 408,658.00 | 199.38 % | 
| ALBILAD US ETF | 3,528.00 | 9,901.00 | 180.64 % | 
| SAICO | 212,733.00 | 588,491.00 | 176.63 % | 
| PETRO RABIGH | 1,484,775.00 | 4,038,840.00 | 172.02 % | 
| More | |||
Companies achieved the highest and lowest closings in 52 weeks
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        Sector Closure
Sector
                    Value
                    
                        Change
                    
                    
                        Change (%)
                    
                Most Active Companies
Name
                Price
                Change (value)Change (%)
            Brent Crude Oil
                    64.61
                    
                        (0.09)
                        (0.14 %)
                    
                Nymex
                    60.90
                    
                        0.32
                        0.53 %
                    
                Natural Gas
                    4.11
                    
                        0.06
                        1.43 %
                    
                Gold
                    3,998.50
                    
                        (25.46)
                        (0.63 %)
                    
                Silver
                    48.61
                    
                        (0.33)
                        (0.67 %)
                    
                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) ($)
                    -
                        
                            -
                            -
                        
                VLCC "TC/1Year" ($)
                    -
                        
                            -
                            -
                        
                
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