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

24
223

52 Weeks

137
119

Market Movers

Company 52 Weeks Range Price Change Price Earnings
SAUDI DARB
2.61
1.51 2.89
2.61 5.58 % More than 100
MESC
40.20
14.46 41.90
40.20 5.24 % 22.39
ALISTITHMAR REIT
9.45
8.00 10.30
9.45 5.12 % -
BANAN
5.42
4.35 7.40
5.42 5.04 % 26.08
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
5.24 9.74
6.90 3.14 % 27.38
JAHEZ
26.80
20.10 44.90
26.80 3.08 % 53.36
RASAN
53.60
40.70 93.85
53.60 2.10 % 47.85
HB
63.00
37.16 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 %

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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
68.46
(0.01)
(0.02 %)
Nymex
64.52
1.22
1.93 %
Natural Gas
3.12
0.01
0.22 %
Gold
3,691.69
3.10
0.08 %
Silver
42.54
0.01
0.03 %
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
2,004.50
(1.00)
(0.05 %)
Zinc
2,982.00
(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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Fujairah Fuel Pric (mt) ($)
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VLCC "TC/1Year" ($)
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