TASI rises 0.3% to 11,921, turnover at SAR 5.7B

18/09/2024 Argaam

Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 0.3%, or 35 points, higher at 11,921 points today, Sept. 18.
  
Total turnover reached almost SAR 5.7 billion.  
Markets are awaiting the results of the US Federal Reserve meeting today amid expectations of a rate cut for the first time in more than two years.

Market Index

Al Rajhi Bank and Saudi National Bank rose nearly 1% to SAR 88.10 and SAR 34.55, respectively.
 
Red Sea was the top gainer, rising almost 10% to SAR 53 amid trading of about 1.8 million shares. The company’s subsidiary signed a SAR 1.52 billion contract with Modern Building Leaders Co. to implement mechanical, electrical and infrastructure works for one of the latter’s projects.
 
GACO climbed 3% to SAR 18.48, with about 1.3 million shares traded, the highest since last February.

Company Prices

Company Price Change Change (%) Events
ALRAJHI 88.10 0.30 0.34 % -
SADAFCO 375.80 (6.20) (1.62 %) -
SAVOLA GROUP 30.00 (0.59) (1.93 %) -
RED SEA 53.00 4.80 9.96 % -
MAADEN 42.15 0.20 0.48 % -
SNB 34.55 0.25 0.73 % -
SAUDI ARAMCO 27.10 (0.10) (0.37 %) -
DERAYAH REIT 6.49 (0.05) (0.76 %) -
On the other hand, Savola fell 2% to SAR 28.
 
Alistithmar AREIC Diversified REIT rose 8% to SAR 10.10, recording the highest closing since listing earlier this month. Nearly 540,000 units were traded.

Number of High/Low companies

Today

148
88

52 Weeks

151
106

Market Movers

Company 52 Weeks Range Price Change Price Earnings
RED SEA
53.00
19.900 53.800
53.00 9.96 % More than 100
ALISTITHMAR REIT
10.10
8.000 10.300
10.10 8.02 % -
BATIC
3.63
1.730 3.780
3.63 5.22 % NEG
BANAN
5.45
4.370 7.400
5.45 4.81 % 26.256
SAB
35.05
30.240 42.650
35.05 4.32 % 9.294
SEERA
23.66
21.820 35.800
23.66 3.86 % 30.462
GACO
18.48
14.600 21.200
18.48 3.47 % NEG
ATAA
79.50
55.700 85.500
79.50 3.38 % 47.341
HB
68.00
37.160 69.400
68.00 3.34 % NEG
SPIMACO
33.95
25.500 42.850
33.95 3.19 % NEG

Companies trading above 3-Month Average

Company Average Volume (3M) Volume Percentage Change
GACO 231,407.00 1,325,417.00 472.76 %
AL MAATHER REIT 82,267.00 336,194.00 308.66 %
ANB 2,005,695.00 8,166,263.00 307.15 %
UACC 113,194.00 398,568.00 252.11 %
SADAFCO 31,128.00 107,724.00 246.07 %
BATIC 5,150,279.00 17,225,250.00 234.45 %
SICO SAUDI REIT 145,972.00 447,266.00 206.41 %
SAUDI DARB 3,039,658.00 9,236,795.00 203.88 %
MULKIA REIT 114,381.00 313,415.00 174.01 %
HB 183,887.00 497,684.00 170.65 %
More

Companies achieved the highest and lowest closings in 52 weeks

Company Price Change 52 Weeks
RED SEA 53.00 130.03 %
MIS 199.00 38.97 %
AMAK 71.20 35.62 %
HB 68.00 25.46 %

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Calendar

Company Event
AMANA INSURANCE General Assembly
American Petroleum Institute Reports
US Federal Important meetings and events
ADVANCED General Assembly
Value Traded3,288,968,848
Open10,429.59
Prev. Close10,427.06
High10,503.95
Low10,406.69
YTD (12.73 %)
Transactions 295,716
Volume 195,620,903
Market Cap (Million) 3,052,581.04

Market Indicators

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

Sector Closure

Sector
Value
Change
Change (%)
4,417.38
7.24 0.16 %
5,182.15
37.92 0.74 %
13,893.96
164.46 1.20 %
4,098.84
30.66 0.75 %
5,558.21
125.96 2.32 %
4,607.81
86.34 1.91 %
4,038.15
35.14 0.88 %
19,779.22
326.55 1.68 %
4,735.40
90.93 1.96 %
9,786.88
42.27 0.43 %
4,595.89
78.10 1.73 %
11,672.29
99.99 0.86 %
6,212.96
79.80 1.30 %
8,139.45
101.53 1.26 %
8,394.14
27.74 0.33 %
7,753.73
16.50 0.21 %
2,956.33
8.36 0.28 %
3,276.03
31.41 0.97 %
62,927.00
387.43 0.62 %
4,160.91
34.53 0.84 %

Most Active Companies

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
67.73
0.30
0.44 %
Nymex
63.73
0.44
0.69 %
Natural Gas
3.08
0.04
1.31 %
Gold
3,696.29
18.46
0.50 %
Silver
42.79
0.13
0.30 %
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
2,000.50
(1.00)
(0.05 %)
Zinc
2,980.50
(1.50)
(0.05 %)
Steel
825.00
0.00
0.00 %
Wheat (CBOT)
528.50
3.40
0.65 %
Corn (CBOT)
426.50
3.20
0.76 %
Coffee (ICEUS)
417.70
0.15
0.04 %
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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LPG (mt) ($)
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Fujairah Fuel Pric (mt) ($)
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VLCC "TC/1Year" ($)
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