TASI rebounds, rises 0.7% to 10,490 pts
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) rose 0.7%, or 73 points, to close at 10,490 points today, Dec. 29.
Total turnover reached nearly SAR 2.6 billion.
The benchmark opened at 10,423 points, touching a high of 10,490 points and a low of 10,384 points during the session.
Market Index
Saudi Aramco and Al Rajhi Bank rose by 1% to SAR 23.70 and SAR 96.60, respectively.
SNB, Riyad Bank, Bank Albilad, SABIC, Elm, Mobily, Makkah Construction, Almarai, and Bank AlJazira gained between 1% and 3%.
Raoom went up nearly 10% to close at SAR 68.85.
Jahez closed at SAR 14.66 (+3%).
Company Prices
| Company | Price | Change | Change (%) | Events |
|---|---|---|---|---|
| ALRAJHI | 64.60 | 0.60 | 0.94 % | - |
| SABIC | 51.95 | 0.75 | 1.46 % | - |
| MAADEN | 62.45 | 0.15 | 0.24 % | - |
| GULF GENERAL | 3.86 | 0.05 | 1.31 % | - |
| SNB | 38.22 | 0.52 | 1.38 % | - |
| SAUDI ARAMCO | 23.70 | 0.19 | 0.81 % | - |
| ACWA | 183.40 | 0.80 | 0.44 % | - |
| ALYAMAMAH STEEL | 30.50 | (1.78) | (5.51 %) | - |
| RAOOM | 68.85 | 6.10 | 9.72 % | - |
| JAHEZ | 14.66 | 0.37 | 2.59 % | - |
On the other hand, Al Yamamah Steel was the top decliner, falling 6% to SAR 30.50, with approximately 2 million shares traded. The company reported a net profit of SAR 17.8 million in Q4 2024/25, compared to SAR 4.26 million a year earlier.
SRMG, Al-Babtain, Saudi Cable, SMC, and Amlak declined by 2% to 4%.
Write to Parag Deulgaonkar at parag.d@argaam.com
Number of High/Low companies
Market Movers
| Company | 52 Weeks Range | Price | Change | Price Earnings |
|---|---|---|---|---|
| RAOOM | 68.85 | 9.72 % | 81.71 | |
| SALAMA | 9.14 | 7.28 % | NEG | |
| ALMASAR ALSHAMIL | 26.90 | 5.57 % | 22.24 | |
| ARAB SEA | 4.11 | 5.38 % | NEG | |
| CHUBB | 19.67 | 4.63 % | 60.77 | |
| SAUDI DARB | 2.16 | 4.35 % | 41.10 | |
| NAMA CHEMICALS | 24.89 | 4.32 % | 7.52 | |
| ALETIHAD | 7.89 | 4.23 % | NEG | |
| SHL | 16.58 | 4.02 % | 35.34 | |
| CHEMICAL | 6.34 | 3.93 % | 18.37 |
Companies trading above 3-Month Average
| Company | Average Volume (3M) | Volume | Percentage Change |
|---|---|---|---|
| ARAB SEA | 461,482.00 | 3,117,301.00 | 575.50 % |
| RAOOM | 42,771.00 | 287,271.00 | 571.65 % |
| ALYAMAMAH STEEL | 294,369.00 | 1,830,241.00 | 521.75 % |
| SFICO | 65,983.00 | 329,681.00 | 399.65 % |
| MUTAKAMELA | 83,310.00 | 407,633.00 | 389.30 % |
| AL MAATHER REIT | 44,728.00 | 217,197.00 | 385.60 % |
| SIECO | 2,075,242.00 | 9,598,704.00 | 362.53 % |
| NAMA CHEMICALS | 76,171.00 | 216,236.00 | 183.88 % |
| ALBILAD SAUDI GROWTH ETF | 9,452.00 | 26,641.00 | 181.86 % |
| ARMAH | 4,351.00 | 11,614.00 | 166.93 % |
| 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
| Company | Event |
|---|---|
| EXTRA | General Assembly |
| ALINMA | Ex-dividend Date |
| E.I.A | Reports |
| SAL | Earnings Call |
| BJAZ | Earnings Call |
Sector Closure
Sector
Value
Change
Change (%)
Most Active Companies
Name
Price
Change (value)Change (%)
Brent Crude Oil
103.09
(1.26)
(1.20 %)
Nymex
96.09
(0.37)
(0.38 %)
Natural Gas
2.85
(0.05)
(1.86 %)
Gold
3,938.58
8.82
0.22 %
Silver
49.36
(0.27)
(0.54 %)
High Grade Copper
6.40
(0.02)
(0.35 %)
Iron Ore
91.25
0.54
0.59 %
Aluminum
3,158.50
(25.25)
(0.81 %)
LEAD
1,877.50
(4.50)
(0.24 %)
Zinc
3,782.00
(3.00)
(0.08 %)
Steel
1,123.00
1.00
0.09 %
Wheat (CBOT)
599.75
(0.60)
(0.10 %)
Corn (CBOT)
442.50
(5.60)
(1.25 %)
Coffee (ICEUS)
283.95
(8.15)
(2.78 %)
Whole Milk Powder
4,337.50
12.50
0.29 %
Skim Milk Powder
4,075.00
237.50
5.83 %
Refining margins
16.04
(7.82)
(32.77 %)
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "Spot"
-
-
-
LPG (mt) ($)
-
-
-
VLCC "TC/1Year" ($)
-
-
-
Most Read
- Saudi budget Q3 2026: Revenues at SAR 259.11B, expenditures at SAR 343.42B
- Aramco begins East-West Pipeline expansion
- Nadec approves 2027-2031 strategy with SAR 5B in investments
- Retal: Ajdan stake rises to 50% after treasury share cancellation, capital cut
- Aramco eyes 10M bpd East-West pipeline capacity, $15B cash flow boost on gas investment by 2030
Call Request
Comments Analysis: