TASI falls 0.4% to 10,414 pts, lowest close in 2 years
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) fell 0.4%, or 39 points, to 10,414 points today, Dec. 17, recording its lowest close in two years.
Total turnover reached nearly SAR 3.5 billion.
The benchmark opened at 10,432 points, touched a high of 10,445 points, and slipped to a low of 10,377 points during the session.
The index’s losses since the start of this week exceeded 300 points, or 3%.
Market Index
Saudi Aramco fell by 1% to SAR 23.60.
SNB, ACWA Power, Almarai, SAB, Alinma Bank, stc, Electrical Industries and Elm ended declined between 1% and 3%.
Tihama was the top decliner, falling 5%.
Company Prices
| Company | Price | Change | Change (%) | Events |
|---|---|---|---|---|
| ALRAJHI | 95.50 | (0.10) | (0.10 %) | - |
| SABIC | 52.40 | (0.20) | (0.38 %) | - |
| TAPRCO | 16.31 | (0.85) | (4.95 %) | - |
| SNB | 36.60 | (0.60) | (1.61 %) | - |
| SAUDI ARAMCO | 23.60 | (0.15) | (0.63 %) | - |
| ACWA POWER | 186.00 | (1.90) | (1.01 %) | - |
| ATAA | 60.50 | 0.40 | 0.67 % | - |
Meanwhile, Abo Moati rose by 2% after announcing a cash dividend.
Maaden increased by 2% to close at SAR 57.95.
Arabian Drilling was the top gainer, rising 7%. More than one million shares changed hands.
Write to Parag Deulgaonkar at parag.d@argaam.com
Number of High/Low companies
Market Movers
| Company | 52 Weeks Range | Price | Change | Price Earnings |
|---|---|---|---|---|
| ARABIAN DRILLING | 102.90 | 6.80 % | 63.87 | |
| NAQI | 58.25 | 4.30 % | 88.02 | |
| SGS | 38.42 | 3.78 % | 18.32 | |
| SAL | 170.40 | 2.96 % | 21.36 | |
| BATIC | 2.05 | 2.50 % | NEG | |
| CHUBB | 21.17 | 2.47 % | 65.40 | |
| AZM | 25.26 | 2.39 % | 36.64 | |
| ABO MOATI | 42.16 | 2.38 % | 32.28 | |
| SAUDI CABLE | 130.70 | 2.35 % | 8.12 | |
| SAUDI KAYAN | 4.95 | 2.27 % | NEG |
Companies trading above 3-Month Average
| Company | Average Volume (3M) | Volume | Percentage Change |
|---|---|---|---|
| BANAN | 200,291.27 | 737,630.00 | 268.28 % |
| RAOOM | 40,669.77 | 147,377.00 | 262.37 % |
| FIRST MILLS | 50,168.63 | 176,353.00 | 251.52 % |
| ARABIAN SHIELD | 141,731.11 | 405,896.00 | 186.38 % |
| ARABIAN DRILLING | 376,340.38 | 1,039,380.00 | 176.18 % |
| FLYNAS | 544,501.16 | 1,335,599.00 | 145.29 % |
| SAL | 160,749.09 | 370,180.00 | 130.28 % |
| NAQI | 49,788.77 | 104,804.00 | 110.50 % |
| SAUDI GERMAN HEALTH | 504,477.92 | 925,381.00 | 83.43 % |
| SEDCO MULTI ASSET | 68,110.36 | 123,302.00 | 81.03 % |
| More | |||
Companies achieved the highest and lowest closings in 52 weeks
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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
59.68
0.76
1.28 %
Nymex
55.94
0.67
1.21 %
Natural Gas
4.02
0.14
3.51 %
Gold
4,338.18
1.88
0.04 %
Silver
66.22
0.10
0.15 %
High Grade Copper
5.49
0.08
1.41 %
Iron Ore
106.61
0.25
0.23 %
Aluminum
2,910.00
38.25
1.33 %
LEAD
1,961.00
19.00
0.98 %
Zinc
3,071.50
36.50
1.20 %
Steel
900.00
0.00
0.00 %
Wheat (CBOT)
506.25
(3.00)
(0.59 %)
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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