TASI falls 1% to 11,982 points, turnover at SAR 5B

08/09/2024 Argaam

Saudi Arabia’s benchmark Tadawul All Share Index (TASI) fell 1% or 117 points, to 11,982 points today, Sept. 8.
 
Total turnover reached about SAR 5 billion.
 
The decline in the Saudi market coincides with the drop in the oil prices, as Brent and Nymex falling 2%.
 
On Sept. 5, OPEC decided to extend its production cuts of 2.2 million barrels per day through November.

Market Index

Saudi Aramco and Al Rajhi Bank declined to SAR 27.30 (-1%) and SAR 87 (-2%), respectively.
 
Saudi National Bank, Sulaiman Al Habib, stc, Almarai, Maaden and Etihad Etisalat declined between 1% and 3%.

Company Prices

Company Price Change Change (%) Events
ALRAJHI 87.00 (1.70) (1.92 %) -
SABIC 73.90 0.10 0.14 % -
SNB 34.60 (0.80) (2.26 %) -
SAUDI ARAMCO 27.30 (0.25) (0.91 %) -
On the other hand, SEICO rose nearly 10% to SAR 3.05, bringing total gains since the start of the month to about 30%.
 
Al-Baha jumped 7% to SAR 0.16 amid trading of about 140 million shares.
 
Alkhabeer REIT edged down 2% to SAR 6 with almost 2 million units traded, the highest since March 2023.
 

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

Number of High/Low companies

Today

66
179

52 Weeks

148
110

Market Movers

Company 52 Weeks Range Price Change Price Earnings
NAYIFAT
14.54
11.98 15.62
14.54 9.98 % 19.28
RED SEA
47.55
19.90 49.60
47.55 9.94 % More than 100
SIECO
3.05
1.99 3.29
3.05 9.71 % NEG
SAUDI DARB
2.20
1.51 2.89
2.20 6.64 % 90.58
CHUBB
43.00
17.84 44.20
43.00 6.57 % 51.29
DWF
124.00
91.80 160.00
124.00 5.08 % More than 100
SHARQIYAH DEV
21.24
14.90 24.64
21.24 4.12 % More than 100
CENOMI RETAIL
11.42
7.56 28.68
11.42 3.44 % NEG
NAMA CHEMICALS
30.35
23.64 37.05
30.35 2.71 % NEG
MRNA
11.00
9.90 13.00
11.00 2.61 % 44.14

Companies trading above 3-Month Average

Company Average Volume (3M) Volume Percentage Change
ALKHABEER REIT 130,775.00 2,014,993.00 1,440.81 %
SHARQIYAH DEV 493,768.00 4,181,307.00 746.82 %
EMAAR EC 1,196,408.00 7,810,683.00 552.84 %
NAYIFAT 431,145.00 2,812,027.00 552.22 %
SAUDI DARB 1,631,111.00 9,980,518.00 511.88 %
DWF 55,705.00 308,378.00 453.59 %
NAMA CHEMICALS 159,266.00 769,735.00 383.30 %
CENOMI RETAIL 1,512,805.00 7,116,557.00 370.42 %
RED SEA 543,450.00 2,232,759.00 310.85 %
ASLAK 170,646.00 632,918.00 270.90 %
More

Companies achieved the highest and lowest closings in 52 weeks

Company Price Change 52 Weeks
RED SEA 47.55 104.43 %
JAMJOOM PHARMA 183.00 58.58 %

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Calendar

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
68.47
1.03
1.53 %
Nymex
64.52
1.22
1.93 %
Natural Gas
3.10
0.06
1.97 %
Gold
3,689.92
11.34
0.31 %
Silver
42.57
(0.11)
(0.26 %)
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
2,005.50
4.00
0.20 %
Zinc
2,982.50
0.50
0.02 %
Steel
825.00
0.00
0.00 %
Wheat (CBOT)
534.00
9.00
1.71 %
Corn (CBOT)
429.50
6.20
1.47 %
Coffee (ICEUS)
409.35
(8.30)
(1.99 %)
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"
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