TASI rises over 250 pts to 10,964, total turnover at SAR 8.5B
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 2.4%, or 254 points, higher at 10,964 points today, June 24, the highest close in two weeks.
Total turnover reached about SAR 8.5 billion, the highest in about a month.
The surge in the index is the highest since April 2025, when it climbed by more than 400 points or 3.7%.
Iran and Israel reached a ceasefire agreement on Tuesday morning.
Market Index
Most of the traded stocks rose, with Al Rajhi Bank, Saudi National Bank, and ACWA Power increasing by 3%.
Flynas closed at SAR 79.20 (+7%), with nearly 5.5 million shares valued at over SAR 430 million changing hands.
Salama, SISCO Holding, Red Sea, Naseej, Abo Moati, Saudi German Health, MBC Group, SASCO, Saudi Ceramics, Shams, Naseej, and Miahona jumped between 7% and 10%.
Company Prices
| Company | Price | Change | Change (%) | Events |
|---|---|---|---|---|
| ALRAJHI | 94.10 | 2.60 | 2.84 % | - |
| SABIC | 54.80 | (0.10) | (0.18 %) | - |
| SISCO HOLDING | 27.80 | 2.50 | 9.88 % | - |
| DAR ALARKAN | 19.00 | 0.50 | 2.70 % | - |
| SNB | 35.30 | 1.10 | 3.22 % | - |
| SAUDI ARAMCO | 24.34 | (0.40) | (1.62 %) | - |
| ACWA POWER | 248.42 | 8.33 | 3.47 % | - |
Meanwhile, Saudi Aramco fell 2% to SAR 24.34, marking its lowest close since 2020. Almost 36 million shares valued at nearly SAR 900 million were traded. The share price decline coincided with a sharp drop in oil prices.
SABIC AN led the market decliners, falling 5%.
Albilad Gold ETF dipped by 2% to SAR 17.36, in line with the fall in gold prices.
Write to Parag Deulgaonkar at parag.d@argaam.com
Number of High/Low companies
Market Movers
| Company | 52 Weeks Range | Price | Change | Price Earnings |
|---|---|---|---|---|
| RED SEA | 42.45 | 9.97 % | NEG | |
| SALAMA | 13.52 | 9.92 % | NEG | |
| SISCO HOLDING | 27.80 | 9.88 % | 50.20 | |
| SAUDI GERMAN HEALTH | 55.40 | 9.06 % | 12.94 | |
| ABO MOATI | 37.00 | 8.82 % | 28.86 | |
| NASEEJ | 85.20 | 8.81 % | NEG | |
| MBC GROUP | 35.90 | 8.30 % | 22.86 | |
| TECO | 15.80 | 8.22 % | More than 100 | |
| SAUDI CERAMICS | 28.85 | 8.05 % | NEG | |
| ALKATHIRI | 2.12 | 7.61 % | NEG |
Companies trading above 3-Month Average
| Company | Average Volume (3M) | Volume | Percentage Change |
|---|---|---|---|
| MEDGULF | 722,700.00 | 7,231,640.00 | 900.64 % |
| TALEEM REIT | 116,856.00 | 543,332.00 | 364.96 % |
| JOUF CEMENT | 198,257.00 | 882,016.00 | 344.89 % |
| ALAMAR | 55,884.00 | 236,280.00 | 322.80 % |
| EPCCO | 64,349.00 | 222,820.00 | 246.27 % |
| ALSAGR INSURANCE | 307,591.00 | 1,060,592.00 | 244.81 % |
| SAUDI GERMAN HEALTH | 333,164.00 | 1,139,651.00 | 242.07 % |
| CHEMICAL | 4,070,487.00 | 13,782,109.00 | 238.59 % |
| DAR ALARKAN | 2,209,998.00 | 7,153,723.00 | 223.70 % |
| NASEEJ | 126,329.00 | 406,723.00 | 221.96 % |
| More | |||
Companies achieved the highest and lowest closings in 52 weeks
| Company | Price | Change 52 Weeks |
|---|---|---|
| SAUDI CABLE | 147.20 | 100.27 % |
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Calendar
| Company | Event |
|---|---|
| DERAYAH | Cash Dividend Distribution |
| RIYADH CABLES | General Assembly |
| BINDAWOOD | Cash Dividend Distribution |
| Footsie Russell | Key Events |
| AlRamz | listing date |
Sector Closure
Sector
Value
Change
Change (%)
Most Active Companies
Name
Price
Change (value)Change (%)
Brent Crude Oil
60.06
(0.53)
(0.88 %)
Nymex
55.94
0.67
1.21 %
Natural Gas
4.11
0.01
0.22 %
Gold
4,332.85
(4.84)
(0.11 %)
Silver
66.22
0.17
0.26 %
High Grade Copper
5.44
(0.05)
(0.98 %)
Iron Ore
106.61
0.25
0.23 %
Aluminum
2,923.25
37.00
1.27 %
LEAD
1,956.50
(4.50)
(0.23 %)
Zinc
3,066.50
(5.00)
(0.16 %)
Steel
900.00
0.00
0.00 %
Wheat (CBOT)
506.25
(0.20)
(0.04 %)
Corn (CBOT)
440.50
4.40
1.01 %
Coffee (ICEUS)
347.40
(4.70)
(1.34 %)
Whole Milk Powder
3,675.00
(175.00)
(4.76 %)
Skim Milk Powder
2,412.50
(12.50)
(0.52 %)
Refining margins
8.35
(0.25)
(2.91 %)
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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