TASI falls 0.8% to 11,494 pts, turnover at SAR 4.7B
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) fell 0.8% or 89 points, to 11,494 points today, Oct. 12.
Total trading reached SAR 4.7 billion.
The index opened today’s session at 11,372 points, recording a high of 11,532 points and a low of 11,320 points (-263 points compared to last Thursday’s close).
The fall in the index coincides with the resurgence of trade tensions. President Donald Trump announced on Friday that the US will impose an additional 100% tariff on imports from China, effective Nov. 1.
Market Index
Saudi Aramco declined more than 1% to SAR 24.50.
Al Rajhi Bank and SNB fell by 1% to SAR 106 and SAR 38.06, respectively.
Almarai, Maaden, Riyad Bank, stc, SAB, Saudi Electricity, SABIC AN and Jabal Omar slipped between 1% and 2%.
Naseej led the market decliners, dropping by 10%.
Company Prices
| Company | Price | Change | Change (%) | Events |
|---|---|---|---|---|
| ALRAJHI | 106.00 | (1.50) | (1.40 %) | - |
| SABIC | 60.70 | (0.20) | (0.33 %) | - |
| SAUDI RE | 34.44 | 1.00 | 2.99 % | - |
| SNB | 38.06 | (0.46) | (1.19 %) | - |
| SAUDI ARAMCO | 24.50 | (0.34) | (1.37 %) | - |
| ACWA POWER | 213.00 | (1.10) | (0.51 %) | - |
| CENOMI CENTERS | 22.23 | (0.37) | (1.64 %) | - |
| MEFIC REIT | 3.80 | 0.00 | 0.00 % | - |
| MAHARAH | 5.33 | 0.48 | 9.90 % | - |
| SPORT CLUBS | 10.81 | (0.11) | (1.01 %) | - |
Meanwhile, Maharah rose 10% to SAR 5.33 amid active trading of approximately 22 million shares.
Bahri and SASCO gained by more than 7% to SAR 29.64 and SAR 70, respectively.
Savola closed at SAR 26 (+5%).
Write to Parag Deulgaonkar at parag.d@argaam.com
Number of High/Low companies
Market Movers
| Company | 52 Weeks Range | Price | Change | Price Earnings |
|---|---|---|---|---|
| MAHARAH | 5.33 | 9.90 % | 32.27 | |
| SASCO | 70.00 | 7.44 % | 88.55 | |
| BAHRI | 29.64 | 7.24 % | 14.22 | |
| SAVOLA GROUP | 26.00 | 4.80 % | 0.80 | |
| ALOMRAN | 32.20 | 3.01 % | NEG | |
| GASCO | 86.20 | 2.99 % | 28.36 | |
| SAUDI RE | 34.44 | 2.99 % | 12.00 | |
| ACIG | 11.30 | 2.91 % | NEG | |
| ALDREES | 146.00 | 2.82 % | 38.62 | |
| LIVA | 13.85 | 2.59 % | 20.69 |
Companies trading above 3-Month Average
| Company | Average Volume (3M) | Volume | Percentage Change |
|---|---|---|---|
| MAHARAH | 1,607,488.00 | 21,779,934.00 | 1,254.90 % |
| SMASCO | 1,192,653.00 | 9,857,282.00 | 726.50 % |
| SSP | 161,676.00 | 1,075,240.00 | 565.06 % |
| NASEEJ | 151,918.00 | 1,006,738.00 | 562.69 % |
| GAS | 141,940.00 | 927,303.00 | 553.31 % |
| SASCO | 339,901.00 | 2,102,017.00 | 518.42 % |
| SABI QUANT ETF | 947.00 | 4,501.00 | 375.29 % |
| ALDREES | 323,242.00 | 1,459,596.00 | 351.55 % |
| ALOMRAN | 73,995.00 | 319,116.00 | 331.27 % |
| ALKHABEER INCOME | 55,785.00 | 223,726.00 | 301.05 % |
| More | |||
Companies achieved the highest and lowest closings in 52 weeks
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Calendar
| Company | Event |
|---|---|
| BANAN | General Assembly |
| JARIR | Ex-dividend Date |
| DALLAH HEALTH | Ex-dividend Date |
| ALMAJED OUD | Conferences |
| SMC HEALTHCARE | Conferences |
Sector Closure
Sector
Value
Change
Change (%)
Most Active Companies
Name
Price
Change (value)Change (%)
Brent Crude Oil
63.93
0.24
0.38 %
Nymex
59.75
0.32
0.54 %
Natural Gas
4.46
0.13
2.99 %
Gold
4,021.99
21.81
0.55 %
Silver
48.52
0.28
0.59 %
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
2,044.50
0.50
0.02 %
Zinc
3,065.00
(1.50)
(0.05 %)
Steel
825.00
0.00
0.00 %
Wheat (CBOT)
527.75
(7.60)
(1.42 %)
Corn (CBOT)
427.25
(1.40)
(0.33 %)
Coffee (ICEUS)
385.85
6.80
1.78 %
Whole Milk Powder
4,025.00
(125.00)
(3.11 %)
Skim Milk Powder
2,425.00
(75.00)
(3.09 %)
Refining margins
22.92
0.89
4.04 %
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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