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 | 14.73 | 0.13 | 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 % | 51.45 | |
| 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 % | 10.79 | |
| NOFOTH | 10.11 | 3.06 % | 20.32 | |
| SADAFCO | 352.00 | 2.44 % | 24.18 | |
| MIAHONA | 38.10 | 2.28 % | More than 100 | |
| AMAK | 60.60 | 2.02 % | 61.93 |
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 | 1,808,285.00 | 8,819,373.00 | 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
68.69
1.24
1.83 %
Nymex
65.14
1.93
3.03 %
Natural Gas
3.47
0.15
4.57 %
Gold
4,950.80
15.80
0.32 %
Silver
84.40
1.10
1.29 %
High Grade Copper
5.85
(0.24)
(3.88 %)
Iron Ore
102.17
0.01
0.01 %
Aluminum
3,017.25
(36.25)
(1.19 %)
LEAD
1,965.50
4.50
0.23 %
Zinc
3,305.50
(14.00)
(0.42 %)
Steel
959.00
5.00
0.52 %
Wheat (CBOT)
526.75
(2.00)
(0.38 %)
Corn (CBOT)
429.50
1.00
0.23 %
Coffee (ICEUS)
297.85
(3.05)
(1.01 %)
Whole Milk Powder
3,562.50
37.50
1.05 %
Skim Milk Powder
2,525.00
125.00
4.95 %
Refining margins
11.81
1.97
20.02 %
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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