TASI falls 0.2% to 10,434 pts, turnover at SAR 2.8B
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 0.2%, or 19 points, lower at 10,434 points today, Sept. 14. 
Total turnover reached nearly SAR 2.8 billion.
The benchmark opened at 10,437 points, touching a high of 10,452 points and slipping to a low of 10,371 points during the session.
The index has shed more than 1,600 points year to date, down 13.3% from last year’s close.
                Market Index
Al Rajhi Bank fell by less than 1% to SAR 92.95.
ACWA Power, Saudi National Bank, Petro Rabigh, ADES, SABIC, Riyadh Cables, Dar Al Arkan, Riyadh Development, SRMG, and Yansab declined between 1% and 3%.
Al Akaria fell by 2% after the developer announced its land area liable to white land taxes in Riyadh.
Al Majdiah, the newly-listed stock, was the top decliner, falling more than 8% to SAR 11.64. Approximately 14.6 million shares, valued at over SAR 170 million, changed hands.
                Company Prices
| Company | Price | Change | Change (%) | Events | 
|---|---|---|---|---|
| STC | 41.48 | 0.26 | 0.63 % | - | 
| ALRAJHI | 92.95 | (0.40) | (0.43 %) | - | 
| SABIC | 58.35 | (0.65) | (1.10 %) | - | 
| SNB | 33.92 | (0.32) | (0.93 %) | - | 
| SAUDI ARAMCO | 23.16 | 0.03 | 0.13 % | - | 
| ACWA POWER | 196.80 | (5.40) | (2.67 %) | - | 
| JAHEZ | 20.42 | (0.06) | (0.29 %) | - | 
Meanwhile, Maaden rose by 3% to SAR 55.95.
Almajed Oud was the top gainer, rising 10% to SAR 120.20. More than 250,000 shares were 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 | 
|---|---|---|---|---|
| ALMAJED OUD | 120.20 | 9.97 % | 16.45 | |
| CENOMI RETAIL | 23.72 | 3.67 % | NEG | |
| MAADEN | 55.95 | 2.85 % | 50.16 | |
| MUTAKAMELA | 13.24 | 2.80 % | 41.59 | |
| MBC GROUP | 28.50 | 2.52 % | 19.25 | |
| MIS | 134.50 | 2.28 % | 47.08 | |
| TAPRCO | 15.29 | 2.27 % | NEG | |
| ACC | 22.18 | 2.21 % | 18.31 | |
| TASHEEL | 148.20 | 2.21 % | 15.39 | |
| TAIBA | 37.46 | 2.02 % | 25.16 | 
Companies trading above 3-Month Average
| Company | Average Volume (3M) | Volume | Percentage Change | 
|---|---|---|---|
| GASCO | 74,427.00 | 447,686.00 | 501.51 % | 
| TASHEEL | 39,307.00 | 177,262.00 | 350.97 % | 
| DAR ALARKAN | 1,194,492.00 | 3,983,356.00 | 233.48 % | 
| TAPRCO | 256,143.00 | 836,667.00 | 226.64 % | 
| BAHRI | 712,621.00 | 2,197,808.00 | 208.41 % | 
| THIMAR | 483,813.00 | 1,416,904.00 | 192.86 % | 
| ALMAJED OUD | 88,028.00 | 256,482.00 | 191.36 % | 
| ALMAWARID | 32,724.00 | 91,392.00 | 179.28 % | 
| SFICO | 78,327.00 | 217,623.00 | 177.84 % | 
| RAYDAN | 150,445.00 | 335,050.00 | 122.71 % | 
| More | |||
Companies achieved the highest and lowest closings in 52 weeks
| Company | Price | Change 52 Weeks | 
|---|---|---|
| ALBILAD US TECH ETF | 22.06 | 31.15 % | 
| ALBILAD US ETF | 12.81 | 10.05 % | 
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        Sector Closure
Sector
                    Value
                    
                        Change
                    
                    
                        Change (%)
                    
                Most Active Companies
Name
                Price
                Change (value)Change (%)
            Brent Crude Oil
                    64.75
                    
                        0.06
                        0.09 %
                    
                Nymex
                    60.97
                    
                        0.39
                        0.65 %
                    
                Natural Gas
                    4.10
                    
                        0.04
                        0.98 %
                    
                Gold
                    4,003.75
                    
                        (20.21)
                        (0.50 %)
                    
                Silver
                    48.75
                    
                        (0.18)
                        (0.36 %)
                    
                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
                    2,023.00
                    
                        1.00
                        0.05 %
                    
                Zinc
                    3,048.00
                    
                        5.00
                        0.16 %
                    
                Steel
                    825.00
                    
                        0.00
                        0.00 %
                    
                Wheat (CBOT)
                    534.00
                    
                        9.60
                        1.83 %
                    
                Corn (CBOT)
                    431.50
                    
                        1.20
                        0.28 %
                    
                Coffee (ICEUS)
                    392.05
                    
                        0.05
                        0.01 %
                    
                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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