TASI falls 1.4% to 10,925 pts, lowest close since November 2023
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 1.4%, or 151 points, lower at 10,925 points today, May 27, recording its lowest close since November 2023.
Total turnover reached about SAR 5.1 billion.
Market Index
Saudi Aramco and Al Rajhi Bank closed at SAR 25.05 (-1%) and SAR 91 (-2%), respectively.
ACWA Power, Maaden, Saudi National Bank, Sulaiman Al Habib, SABIC, BSF, Jabal Omar, and Almarai fell between 1% and 3%.
Almoosa was the top decliner, falling 7% to SAR 143.
Qassim Cement closed at SAR 51.40 (-1%) after going ex-dividend.
UCIC declined 2% on its debut today, reaching SAR 49.25 (-SAR 0.75 compared to the listing price of SAR 50). Almost 17 million shares worth more than SAR 900 million were traded.
Company Prices
| Company | Price | Change | Change (%) | Events |
|---|---|---|---|---|
| ALRAJHI | 60.67 | (1.00) | (1.62 %) | - |
| QACCO | 51.40 | (0.40) | (0.77 %) | - |
| SABIC | 56.40 | (1.10) | (1.91 %) | - |
| SNB | 34.40 | (0.30) | (0.86 %) | - |
| SAUDI ARAMCO | 25.05 | (0.15) | (0.60 %) | - |
| ACWA | 267.87 | (5.95) | (2.17 %) | - |
| JADWA REIT SAUDI | 10.18 | 0.02 | 0.20 % | - |
| BONYAN REIT | 9.35 | 0.15 | 1.63 % | - |
On the other hand, UCA led the gainers, rising 3% to close at SAR 7.5.
Bonyan REIT rose 2% to SAR 9.35 after the fund announced cash dividends to unitholders.
Write to Parag Deulgaonkar at parag.d@argaam.com
Number of High/Low companies
Market Movers
| Company | 52 Weeks Range | Price | Change | Price Earnings |
|---|---|---|---|---|
| UCA | 7.50 | 3.16 % | NEG | |
| YAQEEN ESG ETF | 9.71 | 2.86 % | - | |
| BONYAN REIT | 9.35 | 1.63 % | 17.22 | |
| JAHEZ | 25.15 | 1.33 % | 25.03 | |
| ZOUJAJ | 44.60 | 1.13 % | 15.96 | |
| CITY CEMENT | 17.72 | 1.03 % | 16.10 | |
| MCDC | 102.60 | 0.98 % | 45.87 | |
| EAST PIPES | 114.60 | 0.88 % | 9.00 | |
| ALBILAD US TECH ETF | 18.00 | 0.73 % | - | |
| DERAYAH REIT | 5.54 | 0.73 % | 40.14 |
Companies trading above 3-Month Average
| Company | Average Volume (3M) | Volume | Percentage Change |
|---|---|---|---|
| ALINMA GOVERNMENT SUKUK ETF | 2,847.00 | 51,143.00 | 1,696.38 % |
| YAQEEN ESG ETF | 2,722.00 | 22,543.00 | 728.18 % |
| AMLAK | 124,467.00 | 436,770.00 | 250.91 % |
| BONYAN REIT | 68,767.00 | 215,553.00 | 213.45 % |
| DERAYAH REIT | 192,775.00 | 585,626.00 | 203.79 % |
| SARCO | 150,384.00 | 418,067.00 | 178.00 % |
| MCDC | 211,924.00 | 538,157.00 | 153.94 % |
| ALINMA RETAIL REIT | 110,808.00 | 247,936.00 | 123.75 % |
| JABAL OMAR | 3,376,918.00 | 7,308,011.00 | 116.41 % |
| EAST PIPES | 129,256.00 | 266,928.00 | 106.51 % |
| 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
103.49
2.56
2.53 %
Nymex
90.84
2.63
2.96 %
Natural Gas
3.13
(0.08)
(2.49 %)
Gold
4,131.92
21.48
0.52 %
Silver
58.93
(0.65)
(1.09 %)
High Grade Copper
6.57
(0.08)
(1.23 %)
Iron Ore
91.13
(0.05)
(0.05 %)
Aluminum
3,151.75
(76.25)
(2.36 %)
LEAD
1,864.50
(25.50)
(1.35 %)
Zinc
3,711.00
(52.00)
(1.38 %)
Steel
1,293.00
(6.00)
(0.46 %)
Wheat (CBOT)
683.00
(3.60)
(0.52 %)
Corn (CBOT)
500.50
(1.60)
(0.32 %)
Coffee (ICEUS)
287.95
(4.75)
(1.62 %)
Whole Milk Powder
4,437.50
(12.50)
(0.28 %)
Skim Milk Powder
3,612.50
(25.00)
(0.69 %)
Refining margins
(2.94)
(5.33)
(223.01 %)
VLCC "Spot"
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Fujairah Fuel Pric (mt) ($)
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VLCC "TC/1Year" ($)
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LPG (mt) ($)
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Call Request
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