TASI rises 0.6% to 12,263 points, total turnover at SAR 8B
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 0.6%, or 68 points, higher at 12,263 points today, Aug. 25, recording the highest close in nearly four months.
Total turnover reached about SAR 8 billion.
Market Index
Saudi Aramco rose 1% to SAR 27.85.
stc went up nearly 10% to SAR 43.70. About 31 million shares, the highest in more than a year, worth more than SAR 1.3 billion, were traded.
The company approved its dividend distribution policy for the next three years, including a fixed dividend of SAR 0.55 a share per quarter for the next three years.
Saudi Re recorded its highest closing since listing at SAR 40.60 (nearly 10%), up 33% since the beginning of the month.
Herfy Foods closed at SAR 27.60 (+4%), with about 2.4 million shares traded, the highest in over three years.
Company Prices
| Company | Price | Change | Change (%) | Events |
|---|---|---|---|---|
| STC | 43.70 | 3.95 | 9.94 % | - |
| ALRAJHI | 88.70 | (0.20) | (0.22 %) | - |
| SABIC | 75.50 | 0.90 | 1.21 % | - |
| BAAN | 2.54 | 0.00 | 0.00 % | - |
| SNB | 36.85 | (0.05) | (0.14 %) | - |
| SAUDI ARAMCO | 27.85 | 0.20 | 0.72 % | - |
| ALAHLI REIT 1 | 7.93 | 0.38 | 5.03 % | - |
| SMASCO | 9.43 | (0.06) | (0.63 %) | - |
Meanwhile, Al Rajhi Bank fell 1% to SAR 88.70.
AlAhli REIT 1 jumped 5% to SAR 7.93 following the cash dividend announcement to unitholders.
Write to Parag Deulgaonkar at parag.d@argaam.com
Number of High/Low companies
Market Movers
| Company | 52 Weeks Range | Price | Change | Price Earnings |
|---|---|---|---|---|
| STC | 43.70 | 9.94 % | 15.87 | |
| SAUDI RE | 27.70 | 9.88 % | 36.59 | |
| SASCO | 78.90 | 6.48 % | 48.20 | |
| SAVOLA GROUP | 28.87 | 6.24 % | 10.09 | |
| RIYAD REIT | 7.33 | 6.23 % | NEG | |
| ALAHLI REIT 1 | 7.93 | 5.03 % | 32.81 | |
| SAUDI GERMAN HEALTH | 77.90 | 4.56 % | More than 100 | |
| JAHEZ | 27.30 | 4.40 % | 54.39 | |
| ALMUNAJEM | 103.80 | 4.32 % | 19.43 | |
| SAPTCO | 19.38 | 4.19 % | NEG |
Companies trading above 3-Month Average
| Company | Average Volume (3M) | Volume | Percentage Change |
|---|---|---|---|
| HERFY FOODS | 263,590.00 | 2,358,951.00 | 794.93 % |
| STC | 4,268,593.00 | 30,759,993.00 | 620.61 % |
| RED SEA | 244,323.00 | 1,330,651.00 | 444.63 % |
| DERAYAH REIT | 125,340.00 | 680,213.00 | 442.69 % |
| MEPCO | 342,932.00 | 1,845,351.00 | 438.11 % |
| RIYAD REIT | 210,697.00 | 1,051,890.00 | 399.24 % |
| SAUDI CEMENT | 142,022.00 | 648,663.00 | 356.73 % |
| MRNA | 216,561.00 | 900,503.00 | 315.82 % |
| CHUBB | 551,236.00 | 2,266,912.00 | 311.24 % |
| SAUDI RE | 2,415,051.00 | 9,751,055.00 | 303.76 % |
| More | |||
Companies achieved the highest and lowest closings in 52 weeks
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Calendar
| Company | Event |
|---|---|
| DERAYAH | Cash Dividend Distribution |
| RIYADH CABLES | General Assembly |
| BINDAWOOD | Cash Dividend Distribution |
| Footsie Russell | Key Events |
| AlRAMZ | listing date |
Sector Closure
Sector
Value
Change
Change (%)
Most Active Companies
Name
Price
Change (value)Change (%)
Brent Crude Oil
60.07
0.39
0.64 %
Nymex
56.45
0.48
0.84 %
Natural Gas
3.96
(0.08)
(1.94 %)
Gold
4,364.80
(7.50)
(0.17 %)
Silver
65.33
(0.88)
(1.32 %)
High Grade Copper
5.43
0.00
(0.03 %)
Iron Ore
106.61
0.25
0.23 %
Aluminum
2,918.75
8.75
0.30 %
LEAD
1,959.00
(2.00)
(0.10 %)
Zinc
3,058.00
(13.50)
(0.44 %)
Steel
950.00
(2.00)
(0.21 %)
Wheat (CBOT)
508.00
1.60
0.32 %
Corn (CBOT)
443.75
3.40
0.77 %
Coffee (ICEUS)
344.85
(2.45)
(0.70 %)
Whole Milk Powder
3,675.00
(175.00)
(4.76 %)
Skim Milk Powder
2,412.50
(12.50)
(0.52 %)
Refining margins
7.83
(0.52)
(6.23 %)
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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