TASI falls 0.6% to 11,706 pts, total turnover at SAR 5.5B
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 0.6%, or 72 points, lower at 11,706 points today, March 25.
Total turnover reached about SAR 5.5 billion.
Market Index
Al Rajhi Bank fell by 2% to SAR 99.
Maaden, Savola, Entaj, MBC Group, Saudi Chemical, East Pipes, and SPIMACO declined between 3% and 6%.
MC4 closed at SAR 4.06 (-2%) after going ex-dividend.
Equipment House slipped 5% to SAR 41 after reporting losses for Q4 2024.
Company Prices
| Company | Price | Change | Change (%) | Events |
|---|---|---|---|---|
| ALRAJHI | 99.00 | (1.60) | (1.59 %) | - |
| SABIC | 63.10 | (0.10) | (0.16 %) | - |
| SNB | 35.10 | (0.10) | (0.28 %) | - |
| SAUDI ARAMCO | 26.10 | 0.15 | 0.58 % | - |
| ACWA POWER | 329.97 | 0.79 | 0.24 % | - |
| SAUDI GERMAN HEALTH | 68.00 | (0.70) | (1.02 %) | - |
| MUSHARAKA REIT | 4.40 | (0.14) | (3.08 %) | - |
| DERAYAH REIT | 5.69 | 0.07 | 1.25 % | - |
| FOURTH MILLING | 4.06 | (0.09) | (2.17 %) | - |
| ALAMAR | 70.80 | (1.00) | (1.39 %) | - |
| EQUIPMENT HOUSE | 41.00 | (1.95) | (4.54 %) | - |
| 2P | 12.05 | (0.15) | (1.19 %) | - |
On the other hand, Saudi Aramco rose by 1% to SAR 26.10.
Al Othaim gained 2% to SAR 9.50. The company will distribute a cash dividend of SAR 0.11 per share for Q4 2024 and announced its dividend plan for 2025.
MASAR led the market gainers for the second consecutive day, rising 8% to SAR 21. Approximately 80 million shares valued at SAR 1.7 billion changed hands.
Musharaka REIT closed at SAR 4.40 (-3%) after going ex-dividend.
Write to Parag Deulgaonkar at parag.d@argaam.com
Number of High/Low companies
Market Movers
| Company | 52 Weeks Range | Price | Change | Price Earnings |
|---|---|---|---|---|
| MASAR | 21.00 | 7.69 % | 60.59 | |
| ABO MOATI | 38.00 | 3.54 % | 34.34 | |
| BAWAN | 49.65 | 2.90 % | 28.10 | |
| TCC | 13.00 | 2.85 % | 14.62 | |
| JAZIRA TAKAFUL | 14.80 | 2.64 % | 26.26 | |
| ALBILAD US TECH ETF | 16.85 | 2.56 % | - | |
| ALBILAD US ETF | 11.30 | 1.99 % | - | |
| ELM | 979.20 | 1.81 % | 42.88 | |
| BUPA ARABIA | 173.20 | 1.64 % | 22.28 | |
| BUDGET SAUDI | 81.30 | 1.63 % | 20.20 |
Companies trading above 3-Month Average
| Company | Average Volume (3M) | Volume | Percentage Change |
|---|---|---|---|
| ALBILAD SOVEREIGN SUKUK ETF | 198,478.00 | 745,284.00 | 275.50 % |
| ALUJAIN | 225,094.00 | 754,210.00 | 235.06 % |
| OBEIKAN GLASS | 39,025.00 | 107,076.00 | 174.38 % |
| SPIMACO | 467,012.00 | 1,119,600.00 | 139.74 % |
| MUSHARAKA REIT | 106,998.00 | 221,672.00 | 107.17 % |
| SHL | 67,035.00 | 137,523.00 | 105.15 % |
| ALBILAD | 1,481,363.00 | 3,003,004.00 | 102.72 % |
| EQUIPMENT HOUSE | 93,382.00 | 175,921.00 | 88.39 % |
| SINAD HOLDING | 261,064.00 | 488,213.00 | 87.01 % |
| ADVANCED | 1,078,133.00 | 1,974,628.00 | 83.15 % |
| More | |||
Companies achieved the highest and lowest closings in 52 weeks
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Calendar
Sector Closure
Sector
Value
Change
Change (%)
Most Active Companies
Name
Price
Change (value)Change (%)
Brent Crude Oil
61.12
(0.16)
(0.26 %)
Nymex
57.44
(0.16)
(0.28 %)
Natural Gas
4.11
(0.12)
(2.79 %)
Gold
4,328.30
15.30
0.36 %
Silver
62.01
(2.59)
(4.04 %)
High Grade Copper
5.36
(0.14)
(2.60 %)
Iron Ore
106.05
(0.16)
(0.15 %)
Aluminum
2,855.75
(35.25)
(1.22 %)
LEAD
1,966.00
(17.50)
(0.88 %)
Zinc
3,138.50
(59.50)
(1.86 %)
Steel
930.00
(2.00)
(0.21 %)
Wheat (CBOT)
529.25
(4.20)
(0.79 %)
Corn (CBOT)
440.75
(5.60)
(1.25 %)
Coffee (ICEUS)
369.30
(6.90)
(1.84 %)
Whole Milk Powder
3,675.00
(175.00)
(4.76 %)
Skim Milk Powder
2,412.50
(12.50)
(0.52 %)
Refining margins
11.45
0.57
5.24 %
VLCC "Spot"
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Fujairah Fuel Pric (mt) ($)
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VLCC "TC/1Year" ($)
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