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 | 10.60 | 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 % | 16.18 | |
| 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 | 587,558.00 | 5,484,880.00 | 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
59.64
(0.09)
(0.15 %)
Nymex
56.15
0.21
0.37 %
Natural Gas
3.93
(0.01)
(0.33 %)
Gold
4,321.03
(11.10)
(0.26 %)
Silver
64.89
(0.43)
(0.66 %)
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
3,068.00
12.50
0.41 %
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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