TASI falls 2.2% to 10,476 pts; turnover at SAR 5.4B
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 2.2%, or 233 points, lower at 10,476 points today, March 1, recording its lowest close in nearly two months.
Total turnover reached SAR 5.4 billion.
The index recorded a low of 10,194 points (-515 points below the Feb. 26 session) and a high of 10,595 points.
The decline coincides with the start of the US and Israeli strikes on Iran and Tehran’s retaliatory multi-pronged attacks on Israeli bases and targets in the Gulf countries.
Market Index
Most stocks declined, with Al Rajhi Bank falling by 3% to SAR 97.55.
SNB, Acwa, BSF, Alinma Bank, SAB, Riyad Bank, SABIC, and Dar Al Arkan slipped between 3% and 6%.
Elm and SRMG fell by more than 9%.
Company Prices
| Company | Price | Change | Change (%) | Events |
|---|---|---|---|---|
| ALRAJHI | 65.04 | (2.30) | (3.42 %) | - |
| SAUDI CERAMICS | 26.00 | (0.08) | (0.31 %) | - |
| SABIC | 52.30 | (1.90) | (3.51 %) | - |
| SNB | 39.90 | (1.78) | (4.27 %) | - |
| SAUDI ARAMCO | 25.80 | 0.84 | 3.37 % | - |
| ACWA | 156.60 | (9.30) | (5.61 %) | - |
| ARABIAN DRILLING | 86.25 | (3.65) | (4.06 %) | - |
| ELM | 583.00 | (58.00) | (9.05 %) | - |
| MODERN MILLS | 25.60 | (0.28) | (1.08 %) | - |
Meanwhile, Saudi Aramco rose by 3% to SAR 25.80 with nearly 21 million shares traded.
Albilad Gold ETF jumped by 10% to close at SAR 29.72.
Write to Parag Deulgaonkar at parag.d@argaam.com
Number of High/Low companies
Market Movers
| Company | 52 Weeks Range | Price | Change | Price Earnings |
|---|---|---|---|---|
| ALBILAD GOLD ETF | 29.72 | 9.99 % | - | |
| ALMARAI | 41.50 | 4.11 % | 16.90 | |
| SAUDI ARAMCO | 25.80 | 3.37 % | 17.09 | |
| ALRAJHI TAKAFUL | 77.00 | 3.36 % | 16.92 | |
| NOFOTH | 8.50 | 2.41 % | 13.65 | |
| NICE ONE | 13.70 | 2.16 % | 45.70 | |
| AMAK | 99.35 | 1.69 % | 31.87 | |
| BUDGET SAUDI | 40.90 | 0.94 % | 12.19 | |
| LAZURDE | 11.30 | 0.89 % | NEG | |
| JADWA REIT ALHARAMAIN | 4.90 | 0.82 % | 8.76 |
Companies trading above 3-Month Average
| Company | Average Volume (3M) | Volume | Percentage Change |
|---|---|---|---|
| ALBILAD GOLD ETF | 314,283.00 | 1,695,557.00 | 439.50 % |
| ELM | 89,319.00 | 447,020.00 | 400.48 % |
| ALBILAD HONG KONG CHINA ETF | 12,353.00 | 61,815.00 | 400.40 % |
| ALRAJHI TAKAFUL | 217,723.00 | 1,088,964.00 | 400.16 % |
| EPCCO | 89,495.00 | 425,949.00 | 375.95 % |
| MARAFIQ | 655,933.00 | 2,937,529.00 | 347.84 % |
| LAZURDE | 118,337.00 | 505,175.00 | 326.90 % |
| SRMG | 130,988.00 | 485,055.00 | 270.30 % |
| SAUDI CERAMICS | 244,681.00 | 898,743.00 | 267.31 % |
| AL MAATHER REIT | 44,504.00 | 151,797.00 | 241.09 % |
| More | |||
Companies achieved the highest and lowest closings in 52 weeks
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Calendar
| Company | Event |
|---|---|
| ALASEEL | General Assembly |
| AZM | General Assembly |
| AlRAMZ | General Assembly |
| BSF | Cash Dividend Distribution |
| SIECO | General Assembly |
| GIG | Cash Dividend Distribution |
| ALMUNAJEM | Ex-dividend Date |
| AlRAMZ | Ex-dividend Date |
| SOLUTIONS | Cash Dividend Distribution |
| SAL | Cash Dividend Distribution |
Sector Closure
Sector
Value
Change
Change (%)
Most Active Companies
Name
Price
Change (value)Change (%)
Brent Crude Oil
93.10
1.65
1.78 %
Nymex
90.03
1.83
2.05 %
Natural Gas
3.19
0.05
1.43 %
Gold
4,133.30
(59.60)
(1.39 %)
Silver
63.42
(0.64)
(0.99 %)
High Grade Copper
6.30
(0.06)
(0.87 %)
Iron Ore
101.70
0.33
0.32 %
Aluminum
3,475.25
(86.50)
(2.44 %)
LEAD
1,961.50
(18.50)
(0.93 %)
Zinc
3,468.50
(75.50)
(2.13 %)
Steel
1,163.00
(5.00)
(0.43 %)
Wheat (CBOT)
587.50
2.20
0.38 %
Corn (CBOT)
419.00
(0.40)
(0.10 %)
Coffee (ICEUS)
244.60
3.70
1.53 %
Whole Milk Powder
3,812.50
(75.00)
(1.97 %)
Skim Milk Powder
3,400.00
(62.50)
(1.84 %)
Refining margins
29.98
2.01
7.19 %
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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