TASI falls 1.8% to 11,800 pts, total turnover at SAR 6.2B

11/09/2024 Argaam

Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 1.8%, or 220 points, lower at 11,800 points today, Sept. 11, recording the lowest monthly close.
 
Total turnover reached about SAR 6.2 billion.
 
Brent crude fell 3.7% to $69.19 per barrel on Sept. 10, falling below $70 for the first time since December 2021, after OPEC cut its global oil demand growth forecast for 2024 and 2025. Nymex also declined 4.3% to $65.75 per barrel.  

Market Index

Saudi Aramco, Al Rajhi Bank and Saudi National Bank each fell nearly 1%.
 
ACWA Power closed at SAR 385.40 (-5%).
 
Red Sea, ARTEX, Riyadh Cables, MEDGULF and Bupa Arabia declined between 4% and 5%.
 
Saudi Fisheries was the top decliner, falling almost 10% to SAR 23.94. About 7 million shares, valued at more than SAR 175 million, changed hands.

Company Prices

Company Price Change Change (%) Events
ALRAJHI 87.00 (1.20) (1.36 %) -
SPM 67.30 (0.90) (1.32 %) -
MESC 40.20 2.00 5.24 % -
ENAYA 18.00 0.08 0.45 % -
SNB 34.15 (0.50) (1.44 %) -
SAUDI ARAMCO 27.00 (0.20) (0.74 %) -
On the other hand, MESC rose 5% to SAR 40.20 amid trading of about 3.6 million shares. The company fully offset its accumulated loss and started making retained earnings as of July 31, 2024.

Number of High/Low companies

Today

25
224

52 Weeks

139
120

Market Movers

Company 52 Weeks Range Price Change Price Earnings
SAUDI DARB
2.61
1.51 2.61
2.61 5.58 % More than 100
MESC
40.20
14.46 41.90
40.20 5.24 % 22.39
ALISTITHMAR REIT
9.45
7.30 10.30
9.45 5.12 % -
BANAN
5.42
3.33 7.40
5.42 5.04 % 30.96
AMLAK
12.68
10.08 13.32
12.68 3.43 % 41.30
ASTRA INDUSTRIAL
164.40
80.00 193.80
164.40 3.27 % 23.65
BINDAWOOD
6.90
4.46 9.74
6.90 3.14 % 27.38
JAHEZ
26.80
11.69 44.90
26.80 3.08 % 53.39
RASAN
53.60
40.70 132.00
53.60 2.10 % 73.34
HB
63.00
29.48 64.30
63.00 1.78 % NEG

Companies trading above 3-Month Average

Company Average Volume (3M) Volume Percentage Change
JADWA REIT SAUDI 249,140.00 2,659,137.00 967.33 %
ENAYA 654,074.00 6,007,204.00 818.43 %
AMANA INSURANCE 770,370.00 6,277,116.00 714.82 %
SFICO 171,651.00 1,155,950.00 573.43 %
MESC 756,630.00 3,581,470.00 373.34 %
BAAN 1,763,682.00 7,614,379.00 331.73 %
SINAD HOLDING 396,720.00 1,270,446.00 220.24 %
MEPCO 539,972.00 1,687,997.00 212.61 %
THIMAR 260,400.00 769,250.00 195.41 %
EMAAR EC 1,282,636.00 3,449,679.00 168.95 %
More

Companies achieved the highest and lowest closings in 52 weeks

Company Price Change 52 Weeks
MESC 40.20 113.83 %
ALBILAD GOLD ETF 13.41 27.71 %
SAUDI DARB 2.61 26.66 %
HB 63.00 12.10 %

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
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

more
Company Event
No events available
Value Traded6,272,889,005
Open10,900.48
Prev. Close10,886.63
High10,946.26
Low10,849.79
YTD 4.34 %
Transactions 408,535
Volume 255,171,896
Market Cap (Million) 3,124,031.60
Market Analytics

Market Indicators

Latest update: 18/03/2026
P/E (TTM) *
22.09 X
P/E Before Unusual Items (TTM) *
19.79 X
Price/Book
2.02 X
Dividend Yield
2.96 %
* Except Aramco

Sector Closure

Sector
Value
Change
Change (%)
Energy
5,150.65
(5.60) (0.11 %)
Materials
5,382.57
50.98 0.96 %
Capital Goods
15,432.25
69.61 0.45 %
Commercial & Professional Svc
3,583.05
53.92 1.53 %
Transportation
4,356.02
57.69 1.34 %
Consumer Durables & Apparel
3,331.55
26.36 0.80 %
Consumer Services
3,037.15
31.13 1.04 %
Media and Entertainment
12,785.24
433.20 3.51 %
Consumer Discretionary Distribution & Retail
7,379.80
11.26 0.15 %
Consumer Staples Distribution & Retail
5,878.44
(5.28) (0.09 %)
Food & Beverages
4,304.58
45.42 1.07 %
Health Care Equipment & Svc
9,617.27
65.30 0.68 %
Pharma, Biotech & Life Sciences
4,428.55
(70.95) (1.58 %)
Banks
12,971.71
41.10 0.32 %
Financial Services
5,046.02
(6.85) (0.14 %)
Insurance
8,332.32
67.69 0.82 %
Telecommunication Services
8,643.19
(39.90) (0.46 %)
Utilities
6,792.01
141.55 2.13 %
REITs
2,967.36
13.23 0.45 %
Real Estate Mgmt & Dev't
2,988.16
57.27 1.95 %
Software & Services
45,001.49
658.09 1.48 %
Household & Personal Products
5,628.45
207.18 3.82 %

Most Active Companies

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
112.19
3.54
3.30 %
Nymex
98.23
2.68
2.84 %
Natural Gas
3.10
(0.07)
(2.28 %)
Gold
4,494.97
(158.42)
(3.40 %)
Silver
68.01
(4.80)
(6.60 %)
High Grade Copper
5.37
(0.09)
(1.71 %)
Iron Ore
105.89
0.25
0.24 %
Aluminum
3,126.75
(78.25)
(2.47 %)
LEAD
1,888.50
(8.50)
(0.45 %)
Zinc
3,056.00
(17.00)
(0.55 %)
Steel
1,006.00
(4.00)
(0.39 %)
Wheat (CBOT)
595.25
(12.60)
(2.07 %)
Corn (CBOT)
465.50
(4.20)
(0.90 %)
Coffee (ICEUS)
309.75
8.85
2.92 %
Whole Milk Powder
3,875.00
100.00
2.58 %
Skim Milk Powder
3,012.50
150.00
4.98 %
Refining margins
29.70
(4.50)
(13.16 %)
VLCC "Spot"
-
-
-
LPG (mt) ($)
-
-
-
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "TC/1Year" ($)
-
-
-
المزيد