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
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 % | 42.80 | |
| 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 | 198,418.00 | 737,630.00 | 271.76 % |
| RAOOM | 40,234.00 | 147,377.00 | 266.30 % |
| FIRST MILLS | 49,666.00 | 176,353.00 | 255.08 % |
| ARABIAN SHIELD | 141,084.00 | 405,896.00 | 187.70 % |
| ARABIAN DRILLING | 371,818.00 | 1,039,380.00 | 179.54 % |
| FLYNAS | 544,074.00 | 1,335,599.00 | 145.48 % |
| SAL | 164,330.00 | 370,180.00 | 125.27 % |
| NOFOTH | 28,069.00 | 63,006.00 | 124.47 % |
| NAQI | 49,545.00 | 104,804.00 | 111.53 % |
| SAUDI GERMAN HEALTH | 500,916.00 | 925,381.00 | 84.74 % |
| More | |||
Companies achieved the highest and lowest closings in 52 weeks
Comments {{getCommentCount()}}
Be the first to comment
{{Comments.indexOf(comment)+1}}
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.
Calendar
Sector Closure
Sector
Value
Change
Change (%)
Most Active Companies
Name
Price
Change (value)Change (%)
Brent Crude Oil
67.87
0.54
0.80 %
Nymex
63.83
0.63
0.99 %
Natural Gas
3.30
(0.01)
(0.33 %)
Gold
5,081.66
133.77
2.70 %
Silver
88.23
2.89
3.39 %
High Grade Copper
6.04
(0.05)
(0.80 %)
Iron Ore
102.16
(0.50)
(0.49 %)
Aluminum
3,032.50
74.50
2.48 %
LEAD
1,964.00
3.00
0.15 %
Zinc
3,332.50
13.00
0.39 %
Steel
976.00
(4.00)
(0.41 %)
Wheat (CBOT)
529.25
0.40
0.08 %
Corn (CBOT)
428.75
0.20
0.05 %
Coffee (ICEUS)
317.10
(16.15)
(4.81 %)
Whole Milk Powder
3,562.50
37.50
1.05 %
Skim Milk Powder
2,525.00
125.00
4.95 %
Refining margins
11.81
1.97
20.02 %
VLCC "Spot"
-
-
-
LPG (mt) ($)
-
-
-
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "TC/1Year" ($)
-
-
-
Most Read
- Non-institutional foreign ownership ex-Aramco up at 11.24%
- Cenomi Centers’ Jawharat Al-Riyadh to open in September: CBDO
- Saudi banks’ investments in T-bonds rise to SAR 653.3B in 2025
- Al Jouf Cement CEO steps down, Bakr Sindi takes helm
- Acwa-led consortium signs $4.1B power, water purchase deal in Kuwait
Call Request
Comments Analysis: