TASI rises 1.1% to 11,854 pts, turnover at SAR 4.7B
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 1.1%, or 128 points, higher at 11,854 points today, March 16.
Total turnover reached nearly SAR 4.7 billion.
                Market Index
Saudi Aramco and Al Rajhi Bank rose by about 1% to SAR 26.05 and SAR 101.80, respectively.
ACWA Power, Maaden, Sulaiman Al Habib, Alinma Bank, SABIC, Bahri, Tasnee, and Alujain increased between 1% and 4%.
SRMG gained by 8% to close at SAR 189.60.
Najran Cement and Sinad closed at SAR 8.98 (+3%) and SAR 13.52 (+2%) respectively, after announcing financial results.
Riyadh Development surged 10%.
Rasan rose 1% to SAR 79.70, with approximately 6 million shares traded, including 3.8 million in negotiated deals, representing 4.9% of the company's total shares.
                Company Prices
| Company | Price | Change | Change (%) | Events | 
|---|---|---|---|---|
| ALRAJHI | 101.80 | 0.60 | 0.59 % | - | 
| SABIC | 64.50 | 1.20 | 1.90 % | - | 
| SINAD HOLDING | 13.52 | 0.26 | 1.96 % | - | 
| ASLAK | 26.20 | 0.25 | 0.96 % | - | 
| NAJRAN CEMENT | 8.98 | 0.29 | 3.34 % | - | 
| SAUDI RE | 31.89 | (0.17) | (0.53 %) | - | 
| SNB | 34.65 | 0.15 | 0.43 % | - | 
| SAUDI ARAMCO | 26.05 | 0.10 | 0.39 % | - | 
| ACWA POWER | 333.35 | 3.77 | 1.14 % | - | 
| ARABIAN DRILLING | 93.40 | 1.60 | 1.74 % | - | 
On the other hand, Americana, Red Sea, Al Othaim, Theeb, Tihama, and Saudi Paper declined between 1% and 3%.
Write to Parag Deulgaonkar at parag.d@argaam.com
Number of High/Low companies
Market Movers
| Company | 52 Weeks Range | Price | Change | Price Earnings | 
|---|---|---|---|---|
| ARDCO | 36.05 | 9.91 % | 28.47 | |
| SRMG | 189.60 | 7.97 % | 46.70 | |
| BANAN | 6.95 | 6.27 % | 34.42 | |
| NCLE | 166.00 | 6.14 % | 45.23 | |
| DALLAH HEALTH | 137.80 | 6.00 % | 29.70 | |
| CHEMICAL | 8.95 | 5.92 % | 25.91 | |
| ALMAWARID | 135.00 | 5.47 % | 23.02 | |
| SIIG | 16.14 | 5.26 % | 54.49 | |
| LAZURDE | 13.32 | 5.21 % | 65.46 | |
| KINGDOM | 7.93 | 5.17 % | 22.19 | 
Companies trading above 3-Month Average
| Company | Average Volume (3M) | Volume | Percentage Change | 
|---|---|---|---|
| GASCO | 87,126.00 | 843,155.00 | 867.74 % | 
| TALEEM REIT | 82,455.00 | 710,521.00 | 761.71 % | 
| BAHRI | 809,402.00 | 5,961,726.00 | 636.56 % | 
| RASAN | 1,236,084.00 | 5,967,853.00 | 382.80 % | 
| SINAD HOLDING | 204,472.00 | 703,689.00 | 244.15 % | 
| ALBILAD GOLD ETF | 32,269.00 | 108,749.00 | 237.01 % | 
| NAJRAN CEMENT | 508,813.00 | 1,495,599.00 | 193.94 % | 
| SRMG | 55,510.00 | 159,440.00 | 187.23 % | 
| GIG | 141,060.00 | 392,005.00 | 177.90 % | 
| ALISTITHMAR REIT | 26,837.00 | 69,827.00 | 160.19 % | 
| More | |||
Companies achieved the highest and lowest closings in 52 weeks
| Company | Price | Change 52 Weeks | 
|---|---|---|
| ALBILAD GOLD ETF | 15.70 | 35.58 % | 
| DAR ALARKAN | 19.30 | 32.55 % | 
| YC | 39.15 | 6.97 % | 
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.
        Sector Closure
Sector
                    Value
                    
                        Change
                    
                    
                        Change (%)
                    
                Most Active Companies
Name
                Price
                Change (value)Change (%)
            Brent Crude Oil
                    64.20
                    
                        (0.50)
                        (0.78 %)
                    
                Nymex
                    60.42
                    
                        (0.15)
                        (0.25 %)
                    
                Natural Gas
                    4.09
                    
                        0.03
                        0.76 %
                    
                Gold
                    4,017.87
                    
                        (6.09)
                        (0.15 %)
                    
                Silver
                    49.15
                    
                        0.36
                        0.74 %
                    
                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
                    2,015.50
                    
                        (6.50)
                        (0.32 %)
                    
                Zinc
                    3,036.50
                    
                        (6.50)
                        (0.21 %)
                    
                Steel
                    825.00
                    
                        0.00
                        0.00 %
                    
                Wheat (CBOT)
                    524.25
                    
                        (0.20)
                        (0.04 %)
                    
                Corn (CBOT)
                    431.00
                    
                        0.60
                        0.14 %
                    
                Coffee (ICEUS)
                    392.00
                    
                        1.30
                        0.33 %
                    
                Whole Milk Powder
                        4,150.00
                        
                            (200.00)
                            (4.82 %)
                        
                    Skim Milk Powder
                        2,500.00
                        
                            (50.00)
                            (2.00 %)
                        
                    Refining margins
                        18.06
                        
                            2.70
                            17.58 %
                        
                    VLCC "Spot"
                    -
                        
                            -
                            -
                        
                LPG (mt) ($)
                    -
                        
                            -
                            -
                        
                Fujairah Fuel Pric (mt) ($)
                    -
                        
                            -
                            -
                        
                VLCC "TC/1Year" ($)
                    -
                        
                            -
                            -
                        
                Most Read
- Saudi Electricity signs over $4B financing deals
- EFG Hermes Advises Jahez International Company for Information Systems Technology on its Acquisition of Snoonu Holding Company
- ENGIE eyes expansion in Saudi Arabia as investments hit $9 billion
- Non-institutional foreign ownership ex-Aramco rises to 10.65% last week
- Northern Trust, PIF deepen partnership to develop Saudi capital markets
        Call Request
    
 
                                            
                                            
                                            
                                            
                                             
                
             
        
     
                 
                
Comments Analysis: