TASI falls nearly 300 points to 11,754, total turnover at SAR 6.5B
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 2.4%, or 291 points, lower at 11,754 points today, Aug. 4.
Total turnover reached about SAR 6.5 billion.
Market Index
Saudi Aramco and Al Rajhi Bank fell to SAR 27.15 (-1%) and SAR 82.70 (-3%), respectively.
Kingdom Holding, TALCO, Zahrat Al Waha, and Etihad Atheeb declined nearly 10%.
Herfy Foods closed at SAR 24.52 (-8%) after the company reported losses of SAR 23.7 million in Q2 2024.
Company Prices
| Company | Price | Change | Change (%) | Events |
|---|---|---|---|---|
| ALRAJHI | 82.70 | (2.30) | (2.71 %) | - |
| SABIC | 77.20 | (2.20) | (2.77 %) | - |
| SNB | 36.55 | (1.50) | (3.94 %) | - |
| SAUDI ARAMCO | 27.15 | (0.35) | (1.27 %) | - |
On the other hand, Tawuniya and AMAK rose to SAR 154 (+8%) and SAR 63 (+4%), respectively, following the announcement of Q2 2024 financial results.
Albilad Gold Fund climbed 2% to SAR 13.28, with more than 100,000 units traded.
Write to Parag Deulgaonkar at parag.d@argaam.com
Number of High/Low companies
Market Movers
| Company | 52 Weeks Range | Price | Change | Price Earnings |
|---|---|---|---|---|
| TAWUNIYA | 154.00 | 7.99 % | 24.25 | |
| AMAK | 63.00 | 3.96 % | 64.39 | |
| TALEEM REIT | 11.30 | 2.17 % | 16.18 | |
| WALAA | 22.50 | 2.09 % | 19.22 | |
| ALBILAD GOLD ETF | 13.28 | 1.84 % | - | |
| HB | 48.80 | 1.67 % | NEG | |
| SAUDI RE | 21.28 | 1.63 % | 28.12 | |
| MCDC | 97.27 | 1.03 % | 48.31 | |
| AL MAATHER REIT | 8.92 | 0.68 % | 13.33 | |
| ELM | 906.00 | 0.29 % | 48.58 |
Companies trading above 3-Month Average
| Company | Average Volume (3M) | Volume | Percentage Change |
|---|---|---|---|
| HB | 34,937.00 | 244,093.00 | 598.67 % |
| SAUDI DARB | 866,023.00 | 5,632,816.00 | 550.42 % |
| KINGDOM | 746,828.00 | 3,290,813.00 | 340.64 % |
| ALBILAD SAUDI GROWTH ETF | 15,387.00 | 60,668.00 | 294.28 % |
| ALBILAD US TECH ETF | 10,605.00 | 40,748.00 | 284.23 % |
| ALAHLI REIT 1 | 69,646.00 | 264,859.00 | 280.29 % |
| ALBILAD GOLD ETF | 29,086.00 | 103,849.00 | 257.04 % |
| GULF UNION ALAHLIA | 614,021.00 | 2,002,032.00 | 226.05 % |
| SPPC | 93,034.00 | 298,072.00 | 220.39 % |
| ARDCO | 287,071.00 | 881,771.00 | 207.16 % |
| More | |||
Companies achieved the highest and lowest closings in 52 weeks
| Company | Price | Change 52 Weeks |
|---|---|---|
| MCDC | 97.27 | 55.88 % |
| ALBILAD GOLD ETF | 13.28 | 25.28 % |
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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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