TASI falls 1.2% to 11,304 pts, total turnover at SAR 4.4B
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 1.2%, or 135 points, lower at 11,304 points today, May 21, marking its lowest finish in a month and a half.
Total turnover reached about SAR 4.4 billion.
                Market Index
Al Rajhi Bank fell by more than 1% to SAR 96.
ACWA Power declined 5% to SAR 274, reaching its lowest close since March 2024. Nearly 860,000 shares changed hands.
Saudi National Bank closed at SAR 35.10 (-2%).
Maaden, stc, Almarai, Tawuniya, Bank Albilad, Mouwasat, Jabal Omar, and Riyad Bank fell between 1% and 4%.
Aldawaa and Almoosa each closed 2% lower at SAR 79.10 and SAR 160.40, respectively, after going ex-dividend.
                Company Prices
| Company | Price | Change | Change (%) | Events | 
|---|---|---|---|---|
| SABIC | 58.50 | (0.60) | (1.02 %) | - | 
| ALINMA | 27.50 | (0.05) | (0.18 %) | - | 
| SNB | 35.10 | (0.85) | (2.36 %) | - | 
| SAUDI ARAMCO | 26.10 | (0.10) | (0.38 %) | - | 
On the other hand,  SARCO was the top gainer, rising 4% to SAR 69.10.
Qassim Cement gained 1% to SAR 51.90 after announcing cash dividends.
Albilad Gold ETF rose 4% to SAR 17.60, with almost 200,000 units traded.
Write to Parag Deulgaonkar at parag.d@argaam.com
Number of High/Low companies
Market Movers
| Company | 52 Weeks Range | Price | Change | Price Earnings | 
|---|---|---|---|---|
| SARCO | 69.10 | 4.38 % | NEG | |
| ALBILAD GOLD ETF | 17.60 | 3.90 % | - | |
| 2P | 11.66 | 3.37 % | 21.08 | |
| SHL | 20.30 | 2.22 % | 53.59 | |
| ALAHLI REIT 1 | 6.98 | 1.60 % | 35.98 | |
| ALBILAD HONG KONG CHINA ETF | 10.83 | 1.50 % | - | |
| ZOUJAJ | 45.20 | 1.35 % | 16.17 | |
| PETRO RABIGH | 6.85 | 1.33 % | NEG | |
| CATRION | 124.00 | 1.31 % | 28.54 | |
| RAOOM | 70.90 | 1.29 % | 37.07 | 
Companies trading above 3-Month Average
| Company | Average Volume (3M) | Volume | Percentage Change | 
|---|---|---|---|
| ALBILAD SOVEREIGN SUKUK ETF | 219,620.00 | 2,118,468.00 | 864.61 % | 
| 2P | 534,149.00 | 4,986,305.00 | 833.50 % | 
| SARCO | 109,344.00 | 784,999.00 | 617.92 % | 
| ZOUJAJ | 189,707.00 | 761,815.00 | 301.57 % | 
| ACWA POWER | 229,428.00 | 864,541.00 | 276.82 % | 
| AMIANTIT | 730,311.00 | 2,313,252.00 | 216.75 % | 
| SIECO | 1,885,220.00 | 5,549,178.00 | 194.35 % | 
| NGC | 129,596.00 | 380,508.00 | 193.61 % | 
| ARAB SEA | 746,842.00 | 2,176,806.00 | 191.47 % | 
| BAAN | 1,307,058.00 | 3,802,496.00 | 190.92 % | 
| 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
                    64.71
                    
                        0.02
                        0.03 %
                    
                Nymex
                    60.85
                    
                        0.27
                        0.45 %
                    
                Natural Gas
                    4.03
                    
                        (0.03)
                        (0.69 %)
                    
                Gold
                    4,020.78
                    
                        (3.18)
                        (0.08 %)
                    
                Silver
                    48.87
                    
                        0.07
                        0.15 %
                    
                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
                    2,021.00
                    
                        (1.00)
                        (0.05 %)
                    
                Zinc
                    3,067.00
                    
                        24.00
                        0.79 %
                    
                Steel
                    825.00
                    
                        0.00
                        0.00 %
                    
                Wheat (CBOT)
                    523.00
                    
                        (1.00)
                        (0.19 %)
                    
                Corn (CBOT)
                    428.00
                    
                        (1.60)
                        (0.37 %)
                    
                Coffee (ICEUS)
                    387.00
                    
                        (5.00)
                        (1.27 %)
                    
                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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