TASI rises 2.3% to 11,970 pts, total turnover at SAR 6.2B
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 2.3%, or 264 points, higher at 11,970 points today, March 26.
Total turnover reached about SAR 6.2 billion.
                Market Index
Saudi Aramco and Al Rajhi Bank rose to SAR 26.65 (+2%) and SAR 102 (+3%), respectively.
Riyad Bank jumped 5% to SAR 32.50, marking its highest close since July 2023,. Nearly 7.5 million shares valued at SAR 240 million changed hands.
Saudi National Bank, Alinma Bank, SAB, BSF, Almarai, ACWA Power, SABIC, Mobily, and stc gained between 1% and 4%.
Eastern Cement climbed 4% to SAR 35.50 after announcing Q4 2024 financial results and a cash dividend.
SASCO closed at SAR 67 (+2%).
Company Prices
| Company | Price | Change | Change (%) | Events | 
|---|---|---|---|---|
| SHARQIYAH DEV | 18.98 | (0.16) | (0.84 %) | - | 
| ALRAJHI | 102.00 | 3.00 | 3.03 % | - | 
| EPCCO | 35.50 | 1.45 | 4.26 % | - | 
| TCC | 13.16 | 0.16 | 1.23 % | - | 
| MAADANIYAH | 15.34 | (0.04) | (0.26 %) | - | 
| SABIC | 64.00 | 0.90 | 1.43 % | - | 
| SAIC | 32.15 | 0.10 | 0.31 % | - | 
| SASCO | 67.00 | 1.10 | 1.67 % | - | 
| ANAAM HOLDING | 17.66 | 0.16 | 0.91 % | - | 
| TAPRCO | 16.48 | 0.32 | 1.98 % | - | 
| SNB | 35.95 | 0.85 | 2.42 % | - | 
| SGS | 51.70 | 0.70 | 1.37 % | - | 
| SAUDI ARAMCO | 26.65 | 0.55 | 2.11 % | - | 
| ACWA POWER | 340.09 | 10.12 | 3.07 % | - | 
| RIYAD REIT | 6.25 | 0.11 | 1.79 % | - | 
| ALAHLI REIT 1 | 7.33 | 0.21 | 2.95 % | - | 
| Al RAJHI REIT | 8.27 | 0.12 | 1.47 % | - | 
| MIAHONA | 20.80 | 0.38 | 1.86 % | - | 
Meanwhile, Ash-Sharqiyah fell 1% to SAR 18.98. The company reported Q4 2024 losses of SAR 13 million.
AlAhli REIT 1 rose 3% to SAR 7.33 after announcing a 2.5% dividend for H2 2024.
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 | 23.98 | 14.19 % | 69.19 | |
| ACIG | 13.86 | 9.13 % | 11.64 | |
| NAMA CHEMICALS | 30.95 | 8.98 % | 62.12 | |
| AZM | 29.95 | 6.96 % | 64.30 | |
| SAUDI DARB | 3.70 | 5.71 % | 96.43 | |
| RIBL | 32.50 | 5.18 % | 10.46 | |
| CARE | 160.00 | 4.99 % | 24.07 | |
| RED SEA | 43.55 | 4.94 % | NEG | |
| CENOMI RETAIL | 11.66 | 4.86 % | NEG | |
| MEPCO | 30.45 | 4.82 % | NEG | 
Companies trading above 3-Month Average
| Company | Average Volume (3M) | Volume | Percentage Change | 
|---|---|---|---|
| ALAHLI REIT 1 | 49,413.00 | 193,839.00 | 292.28 % | 
| ANB | 1,451,459.00 | 4,693,579.00 | 223.37 % | 
| JADWA REIT SAUDI | 347,327.00 | 1,046,873.00 | 201.41 % | 
| RETAL | 733,387.00 | 2,199,783.00 | 199.95 % | 
| RIBL | 2,509,095.00 | 7,457,153.00 | 197.20 % | 
| ALUJAIN | 234,433.00 | 664,835.00 | 183.59 % | 
| JARIR | 1,461,940.00 | 4,141,840.00 | 183.31 % | 
| BSF | 2,475,717.00 | 6,987,395.00 | 182.24 % | 
| FAKEEH CARE | 399,556.00 | 1,097,661.00 | 174.72 % | 
| AL MAATHER REIT | 44,757.00 | 121,594.00 | 171.68 % | 
| More | |||
Companies achieved the highest and lowest closings in 52 weeks
| Company | Price | Change 52 Weeks | 
|---|---|---|
| DAR ALARKAN | 20.86 | 45.47 % | 
| ALBILAD GOLD ETF | 16.12 | 37.54 % | 
| RIBL | 32.50 | 9.06 % | 
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        Sector Closure
Sector
                    Value
                    
                        Change
                    
                    
                        Change (%)
                    
                Most Active Companies
Name
                Price
                Change (value)Change (%)
            Brent Crude Oil
                    64.62
                    
                        (0.08)
                        (0.12 %)
                    
                Nymex
                    60.90
                    
                        0.38
                        0.63 %
                    
                Natural Gas
                    4.11
                    
                        0.06
                        1.38 %
                    
                Gold
                    3,997.61
                    
                        (26.35)
                        (0.65 %)
                    
                Silver
                    48.55
                    
                        (0.25)
                        (0.50 %)
                    
                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
                    2,023.00
                    
                        1.00
                        0.05 %
                    
                Zinc
                    3,048.50
                    
                        5.50
                        0.18 %
                    
                Steel
                    825.00
                    
                        0.00
                        0.00 %
                    
                Wheat (CBOT)
                    532.25
                    
                        7.60
                        1.45 %
                    
                Corn (CBOT)
                    431.50
                    
                        1.20
                        0.28 %
                    
                Coffee (ICEUS)
                    392.05
                    
                        0.05
                        0.01 %
                    
                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"
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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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