TASI closes flat at 11,011 pts, turnover lowest in 3 years
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed flat at 11,011 points today, Nov. 23.
Total turnover reached nearly SAR 2 billion, the lowest since December 2022.
The benchmark opened at 11,015 points, touching a high of 11,058 points and slipping to a low of 11,000 points during the session.
Market Index
Maaden and Al Rajhi Bank rose to SAR 63.35 (+3%) and SAR 100.10 (+1%), respectively.
SNB, SAB, BSF, Riyadh Cables, Saudi Electricity, stc, Al Arabia, and SAL jumped between 1% and 3%.
Naseej was the top gainer, rising by 5%.
Company Prices
| Company | Price | Change | Change (%) | Events |
|---|---|---|---|---|
| ALRAJHI | 100.10 | 0.65 | 0.65 % | - |
| SABIC | 56.40 | (0.15) | (0.27 %) | - |
| SIDC | 16.00 | (0.30) | (1.84 %) | - |
| SAVOLA GROUP | 26.20 | (0.42) | (1.58 %) | - |
| MAADEN | 63.35 | 2.05 | 3.34 % | - |
| SNB | 38.00 | 0.28 | 0.74 % | - |
| SAUDI ARAMCO | 25.60 | (0.18) | (0.70 %) | - |
| ACWA POWER | 209.10 | (0.90) | (0.43 %) | - |
Meanwhile, Saudi Aramco fell by 1% to SAR 25.60, with approximately 4.4 million shares traded.
Mobily, Almarai, Bahri, Sulaiman Al Habib, Jarir, Masar, Rasan, Bank Albilad, Aldrees, and Dallah Healthcare declined between 1% and 3%.
Write to Parag Deulgaonkar at parag.d@argaam.com
Number of High/Low companies
Market Movers
| Company | 52 Weeks Range | Price | Change | Price Earnings |
|---|---|---|---|---|
| NASEEJ | 51.95 | 5.25 % | NEG | |
| EQUIPMENT HOUSE | 35.56 | 3.73 % | 40.17 | |
| MAADEN | 63.35 | 3.34 % | 44.22 | |
| ARDCO | 27.64 | 3.13 % | 18.96 | |
| MESC | 25.40 | 3.08 % | 11.08 | |
| ALARABIA | 118.60 | 2.86 % | NEG | |
| RIYADH CABLES | 132.90 | 2.78 % | 18.64 | |
| SAUDI CABLE | 136.00 | 2.64 % | 8.44 | |
| LAZURDE | 12.04 | 2.47 % | NEG | |
| GULF UNION ALAHLIA | 11.70 | 2.27 % | NEG |
Companies trading above 3-Month Average
| Company | Average Volume (3M) | Volume | Percentage Change |
|---|---|---|---|
| MESC | 478,077.72 | 2,006,960.00 | 319.80 % |
| ALBILAD SOVEREIGN SUKUK ETF | 147,199.83 | 422,891.00 | 187.29 % |
| OASIS | 630,381.12 | 1,783,185.00 | 182.87 % |
| MUSHARAKA REIT | 65,859.98 | 173,297.00 | 163.13 % |
| NADEC | 737,145.32 | 1,640,244.00 | 122.51 % |
| NASEEJ | 389,962.40 | 835,127.00 | 114.16 % |
| MULKIA REIT | 74,578.74 | 152,105.00 | 103.95 % |
| MIS | 61,536.57 | 123,103.00 | 100.05 % |
| LAZURDE | 206,975.42 | 391,498.00 | 89.15 % |
| ENAYA | 162,625.37 | 251,408.00 | 54.59 % |
| More | |||
Companies achieved the highest and lowest closings in 52 weeks
| Company | Price | Change 52 Weeks |
|---|---|---|
| ALBILAD SOVEREIGN SUKUK ETF | 8.46 | 4.32 % |
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Calendar
| Company | Event |
|---|---|
| ALDAWAA | Cash Dividend Distribution |
| MULKIA REIT | Cash Dividend Distribution |
| Al Ramz | Key Events |
| SEDCO MULTI ASSET | Cash Dividend Distribution |
Sector Closure
Sector
Value
Change
Change (%)
Most Active Companies
Name
Price
Change (value)Change (%)
Brent Crude Oil
62.56
(0.82)
(1.30 %)
Nymex
58.06
(0.94)
(1.60 %)
Natural Gas
4.58
0.11
2.36 %
Gold
4,079.50
19.50
0.48 %
Silver
50.01
(0.65)
(1.28 %)
High Grade Copper
5.02
0.05
0.94 %
Iron Ore
104.26
0.02
0.02 %
Aluminum
2,749.75
(33.00)
(1.18 %)
LEAD
1,987.50
(17.50)
(0.87 %)
Zinc
2,990.00
(13.50)
(0.45 %)
Steel
896.00
(6.00)
(0.67 %)
Wheat (CBOT)
539.75
(1.00)
(0.18 %)
Corn (CBOT)
437.50
(0.20)
(0.05 %)
Coffee (ICEUS)
369.45
(7.20)
(2.00 %)
Whole Milk Powder
3,850.00
(175.00)
(4.55 %)
Skim Milk Powder
2,425.00
0.00
0.00 %
Refining margins
14.81
(5.05)
(25.43 %)
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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Call Request
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