TASI falls 0.8% to 11,746 pts, total turnover at SAR 5.3B
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 0.8%, or 91 points, lower at 11,746 points today, March 10, recording the lowest close in more than three months.
Total turnover reached about SAR 5.3 billion.
Market Index
Saudi Aramco fell by 1% to SAR 26.30.
ACWA Power declined by more than 4% to SAR 339.
SISCO, Sulaiman Al Habib, Riyadh Cables, Rasan, Saudi Chemical, Al-Babtain, SRMG, MEDGULF and Bawan slipped between 4% and 8%.
Nahdi closed at SAR 115.80 (-2%) after Q4 2024 profit fell 7% year-on-year.
Company Prices
On the other hand, Al Rajhi Bank and Saudi National Bank rose by 1% to SAR 101.80 and SAR 35.10, respectively.
Riyad Bank jumped by more than 4% to SAR 30.40.
Derayah surged by 30% on debut to close at SAR 39 (+SAR 9 compared to the listing price of SAR 30), with 4.3 million shares traded.
Write to Parag Deulgaonkar at parag.d@argaam.com
Number of High/Low companies
Market Movers
| Company | 52 Weeks Range | Price | Change | Price Earnings |
|---|---|---|---|---|
| RIBL | 30.40 | 4.47 % | 9.78 | |
| ALUJAIN | 33.20 | 3.59 % | NEG | |
| SIDC | 17.38 | 2.66 % | NEG | |
| SAUDI RE | 31.52 | 2.44 % | 11.27 | |
| NASEEJ | 98.30 | 2.40 % | NEG | |
| CMCER | 6.45 | 2.38 % | 30.79 | |
| APC | 8.07 | 2.28 % | 9.60 | |
| ALAHLI REIT 1 | 7.23 | 2.12 % | 37.26 | |
| AL MAATHER REIT | 9.20 | 1.55 % | 13.73 | |
| ARABIAN DRILLING | 90.20 | 1.46 % | 24.98 |
Companies trading above 3-Month Average
| Company | Average Volume (3M) | Volume | Percentage Change |
|---|---|---|---|
| DERAYAH REIT | 213,403.00 | 1,514,797.00 | 609.83 % |
| MOUWASAT | 584,899.00 | 2,440,409.00 | 317.24 % |
| SAUDI CEMENT | 129,295.00 | 416,419.00 | 222.07 % |
| NCLE | 60,645.00 | 180,829.00 | 198.18 % |
| RIBL | 2,461,675.00 | 6,569,170.00 | 166.86 % |
| TADCO | 131,521.00 | 348,792.00 | 165.20 % |
| ARABIAN DRILLING | 264,062.00 | 678,838.00 | 157.08 % |
| SISCO HOLDING | 369,024.00 | 878,967.00 | 138.19 % |
| ELM | 73,436.00 | 164,998.00 | 124.68 % |
| AICC | 202,461.00 | 445,990.00 | 120.28 % |
| More | |||
Companies achieved the highest and lowest closings in 52 weeks
| Company | Price | Change 52 Weeks |
|---|---|---|
| DAR ALARKAN | 18.50 | 33.09 % |
Comments {{getCommentCount()}}
Be the first to comment
{{Comments.indexOf(comment)+1}}
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}
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
Sector Closure
Sector
Value
Change
Change (%)
Most Active Companies
Name
Price
Change (value)Change (%)
Brent Crude Oil
67.36
0.04
0.06 %
Nymex
63.35
0.14
0.22 %
Natural Gas
3.33
0.02
0.50 %
Gold
5,042.08
96.85
1.95 %
Silver
90.27
4.96
5.82 %
High Grade Copper
6.05
(0.04)
(0.58 %)
Iron Ore
102.16
(0.50)
(0.49 %)
Aluminum
3,058.75
4.25
0.14 %
LEAD
1,967.00
6.00
0.31 %
Zinc
3,348.00
28.50
0.86 %
Steel
976.00
(4.00)
(0.41 %)
Wheat (CBOT)
526.00
(2.60)
(0.49 %)
Corn (CBOT)
426.50
(2.00)
(0.47 %)
Coffee (ICEUS)
303.15
1.90
0.63 %
Whole Milk Powder
3,562.50
37.50
1.05 %
Skim Milk Powder
2,525.00
125.00
4.95 %
Refining margins
11.81
1.97
20.02 %
VLCC "Spot"
-
-
-
LPG (mt) ($)
-
-
-
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "TC/1Year" ($)
-
-
-
Most Read
- Cenomi Centers’ Westfield Riyadh to open in September: CBDO
- Acwa, stc, flynas, BinDawood plan investments in Syria: Report
- Al Jouf Cement CEO steps down, Bakr Sindi takes helm
- Alkhabeer REIT ends SAR 170M hedging agreement signed in 2024
- Acwa-led consortium signs $4.1B power, water purchase deal in Kuwait
Call Request
Comments Analysis: