TASI falls 0.5% to 12,117, total turnover at SAR 6.9B

28/08/2024 Argaam

Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 0.5%, or 65 points, lower at 12,117 points today, Aug. 28.

Total turnover reached about SAR 6.9 billion.

Market Index

Al Rajhi Bank fell 1% to SAR 86.70.
 
Saudi National Bank, Jabal Omar, stc, Tadawul Group, Arab National Bank, Riyad Bank, and Bank AlJazira declined between 1% and 4%.

Company Prices

Company Price Change Change (%) Events
ALRAJHI 86.70 (1.30) (1.48 %) -
QACCO 52.80 1.00 1.93 % -
SAVOLA GROUP 28.93 0.54 1.89 % -
MCDC 94.46 0.33 0.35 % -
ALETIHAD 19.54 (0.16) (0.81 %) -
SNB 35.20 (0.85) (2.36 %) -
SAUDI ARAMCO 27.75 (0.10) (0.36 %) -

On the other hand, Al Akaria rose 6% to SAR 23.80 amid trading of about 3.7 million shares.

 
Qassim Cement increased 2% to SAR 52.80 after the company announced cash dividends for H1 2024.
 
Red Sea climbed nearly 10% to SAR 45.50, with about 3 million shares traded. The stock has gained about 75% since the beginning of the month.
 

Write to Parag Deulgaonkar at parag.d@argaam.com

Number of High/Low companies

Today

97
142

52 Weeks

141
115

Market Movers

Company 52 Weeks Range Price Change Price Earnings
RED SEA
45.50
19.90 45.50
45.50 9.90 % More than 100
AMIANTIT
30.25
11.78 32.15
30.25 6.70 % 4.30
ALAKARIA
23.80
11.70 24.52
23.80 5.59 % 68.65
ALYAMAMAH STEEL
35.75
20.26 43.50
35.75 3.17 % NEG
ALKHALEEJ TRNG
29.40
17.02 41.15
29.40 3.16 % More than 100
SAPTCO
20.16
12.65 22.40
20.16 3.07 % NEG
HERFY FOODS
27.60
20.64 38.15
27.60 2.99 % NEG
RIYADH CABLES
112.60
65.90 122.00
112.60 2.74 % 28.31
LEEJAM SPORTS
219.00
130.80 246.60
219.00 2.72 % 29.54
ZAMIL INDUST
27.35
18.52 34.30
27.35 2.63 % NEG

Companies trading above 3-Month Average

Company Average Volume (3M) Volume Percentage Change
SABI QUANT ETF 1,022.00 9,262.00 806.26 %
RED SEA 347,535.00 2,877,753.00 728.05 %
RAOOM 11,409.00 69,290.00 507.33 %
ALAKARIA 756,213.00 3,719,079.00 391.80 %
NAJRAN CEMENT 482,610.00 2,352,234.00 387.40 %
QACCO 132,475.00 607,159.00 358.32 %
SAB 1,749,539.00 7,610,108.00 334.98 %
MEPCO 406,806.00 1,636,736.00 302.34 %
RAYDAN 282,848.00 1,079,254.00 281.57 %
ALETIHAD 337,289.00 1,249,845.00 270.56 %
More

Companies achieved the highest and lowest closings in 52 weeks

Company Price Change 52 Weeks
RED SEA 45.50 89.58 %

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Calendar

Company Event
AMANA INSURANCE General Assembly
American Petroleum Institute Reports
US Federal Important meetings and events
ADVANCED General Assembly
Value Traded4,322,071,383
Open10,429.59
Prev. Close10,427.06
High10,518.73
Low10,406.69
YTD (12.61 %)
Transactions 498,928
Volume 242,714,505
Market Cap (Million) 3,057,494.04

Market Indicators

Latest update: 16/09/2025
P/E (TTM) *
18.27 X
P/E Before Unusual Items (TTM) *
19.96 X
Price/Book
2.02 X
Dividend Yield
3.41 %
* Except Aramco

Sector Closure

Sector
Value
Change
Change (%)
4,435.42
25.28 0.57 %
5,188.71
44.48 0.86 %
13,900.04
170.54 1.24 %
4,090.64
22.46 0.55 %
5,569.45
137.20 2.53 %
4,617.80
96.33 2.13 %
4,039.11
36.10 0.90 %
19,830.99
378.32 1.94 %
4,737.79
93.32 2.01 %
9,780.97
36.36 0.37 %
4,581.84
64.05 1.42 %
11,685.36
113.06 0.98 %
6,235.61
102.45 1.67 %
8,147.95
110.03 1.37 %
8,417.99
51.59 0.62 %
7,743.48
6.25 0.08 %
2,959.33
11.36 0.39 %
3,266.91
22.29 0.69 %
63,025.53
485.96 0.78 %
4,157.46
31.08 0.75 %

Most Active Companies

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
68.44
1.02
1.51 %
Nymex
64.52
1.23
1.94 %
Natural Gas
3.10
0.06
1.84 %
Gold
3,687.91
9.56
0.26 %
Silver
42.56
(0.12)
(0.27 %)
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
2,006.00
4.50
0.22 %
Zinc
2,984.00
2.00
0.07 %
Steel
825.00
0.00
0.00 %
Wheat (CBOT)
532.75
7.60
1.45 %
Corn (CBOT)
429.50
6.20
1.47 %
Coffee (ICEUS)
410.65
(7.00)
(1.68 %)
Whole Milk Powder
4,812.50
(100.00)
(2.08 %)
Skim Milk Powder
2,700.00
(87.50)
(3.24 %)
Refining margins
17.51
6.75
62.73 %
VLCC "Spot"
-
-
-
LPG (mt) ($)
-
-
-
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "TC/1Year" ($)
-
-
-