TASI falls 0.5% to 12,117, total turnover at SAR 6.9B
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
Market Movers
| Company | 52 Weeks Range | Price | Change | Price Earnings |
|---|---|---|---|---|
| RED SEA | 45.50 | 9.90 % | NEG | |
| AMIANTIT | 30.25 | 6.70 % | 4.30 | |
| ALAKARIA | 23.80 | 5.59 % | 68.65 | |
| ALYAMAMAH STEEL | 35.75 | 3.17 % | NEG | |
| ALKHALEEJ TRNG | 29.40 | 3.16 % | More than 100 | |
| SAPTCO | 20.16 | 3.07 % | NEG | |
| HERFY FOODS | 27.60 | 2.99 % | NEG | |
| RIYADH CABLES | 112.60 | 2.74 % | 28.31 | |
| LEEJAM SPORTS | 219.00 | 2.72 % | 29.53 | |
| SENAAT | 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 | 130,893.00 | 499,446.00 | 281.57 % |
| ALETIHAD | 337,289.00 | 1,249,845.00 | 270.56 % |
| More | |||
Companies achieved the highest and lowest closings in 52 weeks
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Calendar
Sector Closure
Sector
Value
Change
Change (%)
Most Active Companies
Name
Price
Change (value)Change (%)
Brent Crude Oil
68.67
0.70
1.04 %
Nymex
64.49
1.30
2.04 %
Natural Gas
3.47
0.09
2.79 %
Gold
4,942.43
(2.80)
(0.06 %)
Silver
86.86
1.85
2.16 %
High Grade Copper
5.88
(0.20)
(3.23 %)
Iron Ore
102.16
(0.50)
(0.49 %)
Aluminum
3,017.25
(60.75)
(2.00 %)
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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