TASI falls 1.2% to 11,412 pts, turnover at SAR 3.5B
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 1.2%, or 132 points, lower at 11,412 points today, May 4, recording its lowest close in about a month.
Total turnover reached about SAR 3.5 billion, the lowest in nearly a month and a half.
The market’s decline coincided with a drop in oil prices and the OPEC+’s decision to increase oil production by 411,000 barrels per day in June.
Market Index
Saudi Aramco, ACWA Power, and Saudi National Bank fell between 1% and 2%.
SABIC declined 3% to SAR 59.60 after reporting losses of SAR 1.21 billion in Q1 2025.
Zahrat Al Waha dropped by more than 7% to close at SAR 27.70.
stc closed at SAR 45.90 (-2%) after going ex-dividend.
Company Prices
| Company | Price | Change | Change (%) | Events |
|---|---|---|---|---|
| STC | 45.90 | (1.10) | (2.34 %) | - |
| NADEC | 21.68 | (0.34) | (1.54 %) | - |
| ALRAJHI | 96.50 | 0.00 | 0.00 % | - |
| SABIC | 59.60 | (1.70) | (2.77 %) | - |
| SASCO | 61.50 | (3.70) | (5.67 %) | - |
| DAR ALARKAN | 20.80 | (0.22) | (1.05 %) | - |
| CITY CEMENT | 20.10 | (0.10) | (0.50 %) | - |
| AMLAK | 12.00 | (0.30) | (2.44 %) | - |
| SNB | 34.40 | (0.50) | (1.43 %) | - |
| SAUDI ARAMCO | 24.94 | (0.26) | (1.03 %) | - |
| ACWA POWER | 304.38 | (7.14) | (2.29 %) | - |
| DERAYAH | 29.00 | (0.10) | (0.34 %) | - |
| SULAIMAN ALHABIB | 282.80 | (6.20) | (2.15 %) | - |
| LUBEREF | 98.50 | (0.20) | (0.20 %) | - |
| DWF | 116.00 | (2.80) | (2.36 %) | - |
| OASIS | 2.77 | (0.21) | (7.05 %) | - |
| SEDCO CAPITAL REIT | 6.98 | (0.12) | (1.69 %) | - |
| NAYIFAT | 12.48 | (0.22) | (1.73 %) | - |
| AVALON PHARMA | 129.20 | (3.00) | (2.27 %) | - |
Masar was the top gainer, rising 3% to SAR 25.95. Nearly 8 million shares were exchanged.
Meanwhile, Sedco Capital REIT fell 2% to SAR 6.98 (-2%), recording its lowest close since listing 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 |
|---|---|---|---|---|
| ALBILAD US ETF | 11.34 | 3.75 % | - | |
| ALBILAD US TECH ETF | 16.88 | 3.43 % | - | |
| SABI HK ETF | 11.00 | 2.80 % | - | |
| MASAR | 25.95 | 2.77 % | 57.13 | |
| ADITF | 8.49 | 2.41 % | - | |
| TASNEE | 9.49 | 2.26 % | 5.93 | |
| ALARABIA | 132.00 | 1.69 % | 33.20 | |
| EIC | 7.42 | 1.64 % | 18.55 | |
| HERFY FOODS | 24.74 | 1.64 % | NEG | |
| FITAIHI GROUP | 4.10 | 1.49 % | 98.07 |
Companies trading above 3-Month Average
| Company | Average Volume (3M) | Volume | Percentage Change |
|---|---|---|---|
| ALBILAD US ETF | 6,136.00 | 35,593.00 | 480.07 % |
| ALINMA GOVERNMENT SUKUK ETF | 2,136.00 | 11,801.00 | 452.48 % |
| GULF UNION ALAHLIA | 201,054.00 | 883,765.00 | 339.57 % |
| JOUF CEMENT | 194,844.00 | 797,838.00 | 309.48 % |
| FITAIHI GROUP | 3,336,502.00 | 12,779,206.00 | 283.01 % |
| SPPC | 369,129.00 | 1,323,090.00 | 258.44 % |
| OASIS | 741,404.00 | 2,337,550.00 | 215.29 % |
| ADITF | 65,603.00 | 190,081.00 | 189.74 % |
| SEDCO MULTI ASSET | 75,860.00 | 208,242.00 | 174.51 % |
| SEDCO CAPITAL REIT | 139,532.00 | 366,552.00 | 162.70 % |
| More | |||
Companies achieved the highest and lowest closings in 52 weeks
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Sector Closure
Sector
Value
Change
Change (%)
Most Active Companies
Name
Price
Change (value)Change (%)
Brent Crude Oil
59.68
(0.05)
(0.08 %)
Nymex
56.15
0.21
0.37 %
Natural Gas
3.92
(0.02)
(0.56 %)
Gold
4,322.18
(9.95)
(0.23 %)
Silver
64.83
(0.49)
(0.75 %)
High Grade Copper
5.44
0.01
0.15 %
Iron Ore
106.90
0.29
0.27 %
Aluminum
2,919.00
(3.00)
(0.10 %)
LEAD
1,972.50
13.50
0.69 %
Zinc
3,071.50
16.00
0.52 %
Steel
922.00
0.00
0.00 %
Wheat (CBOT)
507.75
1.40
0.28 %
Corn (CBOT)
444.50
3.60
0.82 %
Coffee (ICEUS)
345.10
(2.45)
(0.70 %)
Whole Milk Powder
3,675.00
(175.00)
(4.76 %)
Skim Milk Powder
2,412.50
(12.50)
(0.52 %)
Refining margins
7.83
(0.52)
(6.23 %)
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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