TASI falls 0.6% to 11,695 pts, lowest turnover in two years
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 0.6%, or 66 points, lower at 11,695 points today, March 23.
Total turnover reached about SAR 2.6 billion.
Market Index
Al Rajhi Bank fell by 2% to SAR 99.20.
Saudi National Bank, Riyad Bank, stc, Jabal Omar, Bank Albilad, SABIC, and SABIC AN declined between 1% and 3%.
Qassim Cement closed at SAR 51.20 (-2%) after going ex-dividend.
Company Prices
| Company | Price | Change | Change (%) | Events |
|---|---|---|---|---|
| ETIHAD ETISALAT | 58.70 | (0.90) | (1.51 %) | - |
| ALRAJHI | 99.20 | (1.60) | (1.59 %) | - |
| QACCO | 51.20 | (0.80) | (1.54 %) | - |
| ALUJAIN | 37.70 | 3.00 | 8.65 % | - |
| FIPCO | 38.10 | (0.10) | (0.26 %) | - |
| SABIC | 62.30 | (0.70) | (1.11 %) | - |
| ALBABTAIN | 46.30 | 4.20 | 9.98 % | - |
| SNB | 34.95 | (0.55) | (1.55 %) | - |
| SAUDI ARAMCO | 25.80 | 0.10 | 0.39 % | - |
| EIC | 6.13 | 0.15 | 2.51 % | - |
| ACWA POWER | 327.39 | 2.38 | 0.73 % | - |
| ALANDALUS | 22.76 | (0.26) | (1.13 %) | - |
| SADR | 3.05 | 0.04 | 1.33 % | - |
| AVALON PHARMA | 132.20 | (1.80) | (1.34 %) | - |
| TALCO | 47.50 | (0.25) | (0.52 %) | - |
On the other hand, Al-Babtain rose by 10% to SAR 46.30 after announcing results and a cash dividend.
Dar Al Arkan closed at SAR 20.60 (+4%), recording the highest close since 2008.
Alujain climbed by 9% to SAR 37.70.
Write to Parag Deulgaonkar at parag.d@argaam.com
Number of High/Low companies
Market Movers
| Company | 52 Weeks Range | Price | Change | Price Earnings |
|---|---|---|---|---|
| ALBABTAIN | 46.30 | 9.98 % | 11.14 | |
| ALUJAIN | 37.70 | 8.65 % | NEG | |
| ARDCO | 34.20 | 6.05 % | 27.01 | |
| Al AZIZIAH REIT | 3.85 | 5.19 % | NEG | |
| SAIC | 33.30 | 4.39 % | 6.77 | |
| SPM | 55.40 | 4.14 % | 24.67 | |
| RED SEA | 43.50 | 4.07 % | NEG | |
| DAR ALARKAN | 20.60 | 3.73 % | 27.54 | |
| TALEEM REIT | 10.04 | 3.29 % | 15.75 | |
| GAS | 16.10 | 3.07 % | 22.32 |
Companies trading above 3-Month Average
| Company | Average Volume (3M) | Volume | Percentage Change |
|---|---|---|---|
| ALUJAIN | 202,679.00 | 2,518,260.00 | 1,142.49 % |
| PETRO RABIGH | 902,438.00 | 2,618,190.00 | 190.12 % |
| ALBILAD SOVEREIGN SUKUK ETF | 197,071.00 | 509,836.00 | 158.71 % |
| DAR ALARKAN | 2,723,416.00 | 5,711,250.00 | 109.71 % |
| ALBABTAIN | 484,337.00 | 981,956.00 | 102.74 % |
| Al AZIZIAH REIT | 202,602.00 | 358,910.00 | 77.15 % |
| MUSHARAKA REIT | 101,582.00 | 163,011.00 | 60.47 % |
| NORTHERN CEMENT | 423,044.00 | 675,045.00 | 59.57 % |
| SINAD HOLDING | 250,513.00 | 395,908.00 | 58.04 % |
| TALEEM REIT | 60,435.00 | 89,548.00 | 48.17 % |
| More | |||
Companies achieved the highest and lowest closings in 52 weeks
| Company | Price | Change 52 Weeks |
|---|---|---|
| DAR ALARKAN | 20.60 | 40.14 % |
| ALBILAD GOLD ETF | 16.05 | 35.56 % |
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Calendar
| Company | Event |
|---|---|
| DERAYAH | Cash Dividend Distribution |
| RIYADH CABLES | General Assembly |
| BINDAWOOD | Cash Dividend Distribution |
| Footsie Russell | Key Events |
| AlRamz | listing date |
Sector Closure
Sector
Value
Change
Change (%)
Most Active Companies
Name
Price
Change (value)Change (%)
Brent Crude Oil
59.68
0.76
1.28 %
Nymex
55.94
0.67
1.21 %
Natural Gas
4.13
0.02
0.56 %
Gold
4,339.14
1.45
0.03 %
Silver
66.16
0.11
0.17 %
High Grade Copper
5.49
0.08
1.41 %
Iron Ore
106.61
0.25
0.23 %
Aluminum
2,910.00
38.25
1.33 %
LEAD
1,961.00
19.00
0.98 %
Zinc
3,071.50
36.50
1.20 %
Steel
900.00
0.00
0.00 %
Wheat (CBOT)
506.25
(3.00)
(0.59 %)
Corn (CBOT)
440.50
4.40
1.01 %
Coffee (ICEUS)
347.40
(4.70)
(1.34 %)
Whole Milk Powder
3,675.00
(175.00)
(4.76 %)
Skim Milk Powder
2,412.50
(12.50)
(0.52 %)
Refining margins
8.35
(0.25)
(2.91 %)
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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