TASI falls 1.2% to 11,591 points, turnover at SAR 6B

27/11/2024 Argaam

Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 1.2%, or 145 points, lower at 11,591 points today, Nov. 27.
Total turnover reached nearly SAR 6 billion.
 
The Kingdom estimated revenues for the 2025 state budget at SAR 1.18 trillion, with a forecast expenditure of SAR 1.28 trillion.  A deficit of up to SAR 101 billion is expected in 2025.

Market Index

Al Rajhi and Saudi National Bank fell by 2% to SAR 91 and SAR 32, respectively.
ACWA Power, BSF, SABIC Agri-Nutrients and Luberef declined by 2%-4%.
Saudi Cable was the top decliner, closing at SAR 90.90 (-7%).

Company Prices

Company Price Change Change (%) Events
ALRAJHI 91.00 (1.80) (1.94 %) -
SABIC 68.00 (0.60) (0.87 %) -
SIPCHEM 24.28 0.18 0.75 % -
SNB 32.00 (0.80) (2.44 %) -
SAUDI ARAMCO 27.45 (0.05) (0.18 %) -
On the other hand,  Tamkeen rose on debut by 30% to SAR 65.00 (+ SAR 15 compared to the listing price of SAR 50 amid trading of about 5.96 million shares valued at SAR 374.70 million.
 
Retal, Budget Saudi, Riyadh Cables, Retal and Leejam rose by 2-7%.
 
SABIC rose 1% to close at SAR 24.28, following the company’s decision to distribute a 5% cash dividend for H2 2024.
 
Write to Parag Deulgaonkar at parag.d@argaam.com

Number of High/Low companies

Today

75
175

52 Weeks

136
124

Market Movers

Company 52 Weeks Range Price Change Price Earnings
BUDGET SAUDI
76.60
65.50 98.60
76.60 6.54 % 21.48
ANAAM HOLDING
24.80
15.63 29.80
24.80 5.98 % More than 100
RETAL
17.28
8.02 17.80
17.28 4.35 % 37.43
SHARQIYAH DEV
20.04
16.09 24.64
20.04 4.05 % 57.50
ALJOUF
60.00
43.30 74.00
60.00 3.45 % 21.53
LEEJAM SPORTS
184.60
136.40 246.60
184.60 3.13 % 20.00
SABI HK ETF
9.32
8.95 14.16
9.32 2.98 % -
MBC GROUP
52.20
27.50 87.80
52.20 2.76 % 19.66
APC
8.54
5.06 10.95
8.54 2.71 % 8.80
BANAN
8.20
4.35 8.78
8.20 2.50 % 26.08

Companies trading above 3-Month Average

Company Average Volume (3M) Volume Percentage Change
ALBILAD SAUDI GROWTH ETF 18,170.00 84,695.00 366.13 %
SAUDI CABLE 202,220.00 726,809.00 259.41 %
MCDC 90,876.00 320,947.00 253.17 %
ALMARAI 520,204.00 1,699,178.00 226.64 %
MBC GROUP 494,257.00 1,271,408.00 157.24 %
RETAL 1,655,340.00 4,013,924.00 142.48 %
BANAN 224,604.00 534,404.00 137.93 %
SUMOU 160,866.00 355,676.00 121.10 %
AZM 42,717.00 93,977.00 120.00 %
SHARQIYAH DEV 776,392.00 1,586,693.00 104.37 %
More

Companies achieved the highest and lowest closings in 52 weeks

Company Price Change 52 Weeks
RETAL 17.28 112.29 %
RIYADH CABLES 130.60 73.21 %
ALBILAD US ETF 12.33 12.91 %

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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 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
68.30
0.86
1.27 %
Nymex
64.37
1.10
1.74 %
Natural Gas
3.09
0.05
1.51 %
Gold
3,685.91
8.08
0.22 %
Silver
42.52
(0.14)
(0.33 %)
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
2,008.00
6.50
0.32 %
Zinc
2,995.00
13.00
0.44 %
Steel
825.00
0.00
0.00 %
Wheat (CBOT)
532.25
7.40
1.41 %
Corn (CBOT)
429.00
5.20
1.23 %
Coffee (ICEUS)
419.00
1.05
0.25 %
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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