TASI falls 1.1% to 11,039 pts, turnover at SAR 6.7B
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 1.1%, or 119 points, lower at 11,039 points today, May 12.
Total turnover reached nearly SAR 6.7 billion.
The index recorded highs of 11,175 and lows of 11,039.
Market Index
Al Rajhi Bank and Saudi National Bank fell by 2% to SAR 65.95 and SAR 38.52, respectively.
Acwa decluned 9% to SAR 182.10, with nearly 1.6 million shares worth more than SAR 300 million changing hands.
SASCO and Saleh Al-Rashed were top decliners, dropping by 10% after announcing Q1 2026 results.
Obeikan Glass shed 9% after Q1 net profit fell 63% year-on-year.
Almajed Oud closed at SAR 133.70 (-3%) after going ex-dividend.
Company Prices
| Company | Price | Change | Change (%) | Events |
|---|---|---|---|---|
| ALRAJHI | 65.95 | (1.10) | (1.64 %) | - |
| SAUDI CABLE | 153.50 | (3.80) | (2.42 %) | - |
| SAUDI CERAMICS | 29.40 | (1.12) | (3.67 %) | - |
| SABIC | 61.25 | 1.05 | 1.74 % | - |
| ALAKARIA | 15.42 | 0.91 | 6.27 % | - |
| SASCO | 44.94 | (4.98) | (9.98 %) | - |
| KEC | 11.70 | 0.04 | 0.34 % | - |
| JOUF CEMENT | 5.11 | (0.16) | (3.04 %) | - |
| OGC | 23.97 | (2.35) | (8.93 %) | - |
| SNB | 38.52 | (0.88) | (2.23 %) | - |
| SAUDI ARAMCO | 27.82 | 0.18 | 0.65 % | - |
| ACWA | 182.10 | (17.80) | (8.90 %) | - |
| ALARABIA | 98.30 | (6.40) | (6.11 %) | - |
| DERAYAH | 22.97 | 0.37 | 1.64 % | - |
| LAZURDE | 11.22 | (0.27) | (2.35 %) | - |
| ALOMRAN | 21.05 | (0.39) | (1.82 %) | - |
| SALEH ALRASHED | 53.55 | (5.90) | (9.92 %) | - |
| ALMOOSA | 125.00 | (4.50) | (3.47 %) | - |
| ALMAJED OUD | 133.70 | (3.90) | (2.83 %) | - |
| ALMASAR ALSHAMIL | 21.63 | 1.14 | 5.56 % | - |
Meanwhile, Saudi Aramco rose 1% to SAR 27.82 after Brent crude exceeded $107 a barrel.
Al Akaria gained 6% as Q1 2026 profit reached SAR 475.7 million, driven by the recognition of a reassessment gain on the investment.
Write to Parag Deulgaonkar at parag.d@argaam.com
Number of High/Low companies
Market Movers
| Company | 52 Weeks Range | Price | Change | Price Earnings |
|---|---|---|---|---|
| ALAKARIA | 15.42 | 6.27 % | 9.08 | |
| MESC | 34.44 | 5.97 % | 11.97 | |
| ALMASAR ALSHAMIL | 21.63 | 5.56 % | 15.37 | |
| EAST PIPES | 195.00 | 3.89 % | 12.42 | |
| PETRO RABIGH | 15.30 | 3.66 % | NEG | |
| LUBEREF | 123.00 | 3.62 % | 23.28 | |
| APC | 7.22 | 3.29 % | 15.97 | |
| SIDC | 13.02 | 2.36 % | NEG | |
| BAAZEEM | 5.92 | 2.07 % | 22.50 | |
| ENTAJ | 26.48 | 2.00 % | NEG |
Companies trading above 3-Month Average
| Company | Average Volume (3M) | Volume | Percentage Change |
|---|---|---|---|
| ALMASAR ALSHAMIL | 342,295.00 | 1,777,650.00 | 419.33 % |
| NADEC | 989,922.00 | 5,083,549.00 | 413.53 % |
| ENTAJ | 190,739.00 | 970,530.00 | 408.83 % |
| SIDC | 485,350.00 | 2,449,018.00 | 404.59 % |
| ALAKARIA | 1,012,494.00 | 4,759,641.00 | 370.09 % |
| SARCO | 109,893.00 | 473,865.00 | 331.21 % |
| BAAZEEM | 508,006.00 | 2,073,079.00 | 308.08 % |
| SABI HK ETF | 3,809.00 | 15,032.00 | 294.64 % |
| ALARABIA | 111,824.00 | 413,325.00 | 269.62 % |
| ZOUJAJ | 216,621.00 | 767,261.00 | 254.20 % |
| More | |||
Companies achieved the highest and lowest closings in 52 weeks
| Company | Price | Change 52 Weeks |
|---|---|---|
| PETRO RABIGH | 15.30 | 121.74 % |
| RASAN | 151.80 | 82.67 % |
| MIS | 189.20 | 43.12 % |
| ALBILAD US TECH ETF | 25.26 | 41.91 % |
| ALBILAD US ETF | 15.81 | 34.67 % |
| SEDCO CAPITAL REIT | 7.64 | 10.89 % |
| GIG | 28.50 | 8.57 % |
| SAUDI ARAMCO | 27.82 | 8.46 % |
| MESC | 34.44 | 2.96 % |
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Calendar
| Company | Event |
|---|---|
| ELM | General Assembly |
| ACWA | General Assembly |
| ACWA | Ex-dividend Date |
| American Petroleum Institute | Reports |
| MODERN MILLS | Cash Dividend Distribution |
| ADES | Ex-dividend Date |
Sector Closure
Sector
Value
Change
Change (%)
Most Active Companies
Name
Price
Change (value)Change (%)
Brent Crude Oil
92.27
0.29
0.31 %
Nymex
85.01
(2.05)
(2.37 %)
Natural Gas
2.80
0.05
1.78 %
Gold
4,630.97
(20.60)
(0.44 %)
Silver
67.76
(0.99)
(1.44 %)
High Grade Copper
6.61
0.01
0.19 %
Iron Ore
95.34
0.13
0.14 %
Aluminum
3,413.00
(78.75)
(2.32 %)
LEAD
1,908.00
(0.50)
(0.03 %)
Zinc
3,825.00
(2.00)
(0.05 %)
Steel
1,201.00
16.00
1.32 %
Wheat (CBOT)
699.50
2.20
0.31 %
Corn (CBOT)
515.50
2.20
0.43 %
Coffee (ICEUS)
341.65
19.00
5.85 %
Whole Milk Powder
3,875.00
150.00
3.87 %
Skim Milk Powder
3,287.50
50.00
1.52 %
Refining margins
55.61
0.79
1.44 %
VLCC "Spot"
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Fujairah Fuel Pric (mt) ($)
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LPG (mt) ($)
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VLCC "TC/1Year" ($)
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