TASI rises 0.9% to 11,174 pts; turnover at SAR 6B
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) rose 0.9%, or 95 points, to 11,174 points today, Aug. 24, recording its highest close since May.
Total turnover reached SAR 6 billion.
The index recorded highs of 11,188 and lows of 11,077.
With today’s gains, the index is up about 600 points, or 5.5%, since the beginning of August.
Market Index
Saudi Aramco and Al Rajhi Bank rose to SAR 26.58 (+1%) and SAR 67.25 (+2%), respectively.
Acwa gained more than 2%.
Al-Fakhera, Saudi Re, Gulf General, SRMG, Naseej and Mutakamela jumped between 5% and 10%.
Northern Cement rose 6% to SAR 7.06 with nearly 2.7 million shares traded after the cash dividend announcement.
Company Prices
| Company | Price | Change | Change (%) | Events |
|---|---|---|---|---|
| ALRAJHI | 67.25 | 1.10 | 1.66 % | - |
| GASCO HOLDING | 59.50 | (1.65) | (2.70 %) | - |
| SABIC | 50.95 | 0.80 | 1.60 % | - |
| ALINMA | 25.24 | 0.02 | 0.08 % | - |
| MAADEN | 70.05 | 0.55 | 0.79 % | - |
| NORTHERN CEMENT | 7.06 | 0.43 | 6.49 % | - |
| SNB | 42.96 | 0.56 | 1.32 % | - |
| SAUDI ARAMCO | 26.58 | 0.18 | 0.68 % | - |
| ACWA | 192.40 | 3.80 | 2.01 % | - |
| ALOMRAN | 19.88 | 0.20 | 1.02 % | - |
Meanwhile, GAS closed at SAR 59.50 (-3%) after going ex-dividend.
Care was the top decliner, falling 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 |
|---|---|---|---|---|
| SVCP | 70.45 | 10.00 % | NEG | |
| SAUDI RE | 26.72 | 9.96 % | 21.24 | |
| GULF GENERAL | 4.32 | 9.37 % | NEG | |
| NORTHERN CEMENT | 7.06 | 6.49 % | 19.21 | |
| LADUN | 2.53 | 6.30 % | NEG | |
| SRMG | 64.55 | 5.82 % | NEG | |
| MUTAKAMELA | 13.40 | 5.51 % | NEG | |
| NASEEJ | 16.28 | 4.73 % | NEG | |
| Al AZIZIAH REIT | 4.82 | 4.56 % | NEG | |
| DWF | 93.10 | 4.55 % | NEG |
Companies trading above 3-Month Average
| Company | Average Volume (3M) | Volume | Percentage Change |
|---|---|---|---|
| NORTHERN CEMENT | 193,551.00 | 2,665,531.00 | 1,277.17 % |
| YAQEEN 30 ETF | 1,691.00 | 16,234.00 | 860.02 % |
| ALAHLI REIT 1 | 68,269.00 | 511,534.00 | 649.29 % |
| NAYIFAT | 126,072.00 | 915,965.00 | 626.54 % |
| ZOUJAJ | 125,395.00 | 859,038.00 | 585.07 % |
| SINAD HOLDING | 144,462.00 | 963,113.00 | 566.69 % |
| LADUN | 146,016.00 | 809,051.00 | 454.08 % |
| GULF GENERAL | 357,043.00 | 1,831,631.00 | 413.00 % |
| SAUDI RE | 555,582.00 | 2,800,006.00 | 403.98 % |
| EMAAR EC | 324,469.00 | 1,429,912.00 | 340.69 % |
| More | |||
Companies achieved the highest and lowest closings in 52 weeks
| Company | Price | Change 52 Weeks |
|---|---|---|
| LUBEREF | 137.60 | 57.98 % |
| BSF | 21.45 | 27.98 % |
| ALAHLI REIT 1 | 7.02 | 0.29 % |
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Calendar
| Company | Event |
|---|---|
| STC | Ex-dividend Date |
| SNB | Earnings Call |
| TALEEM REIT | Ex-dividend Date |
| AZM | Earnings Call |
Sector Closure
Sector
Value
Change
Change (%)
Most Active Companies
Name
Price
Change (value)Change (%)
Brent Crude Oil
105.17
(8.12)
(7.27 %)
Nymex
96.92
(7.10)
(6.93 %)
Natural Gas
2.91
0.03
0.90 %
Gold
3,966.15
88.58
2.29 %
Silver
51.01
1.86
3.78 %
High Grade Copper
6.57
0.09
1.33 %
Iron Ore
90.71
0.01
0.01 %
Aluminum
3,198.25
30.75
0.98 %
LEAD
1,900.50
(4.00)
(0.21 %)
Zinc
3,894.00
73.00
1.91 %
Steel
1,153.00
8.00
0.69 %
Wheat (CBOT)
606.50
2.40
0.40 %
Corn (CBOT)
448.00
0.40
0.09 %
Coffee (ICEUS)
293.40
5.95
2.06 %
Whole Milk Powder
4,337.50
12.50
0.29 %
Skim Milk Powder
4,075.00
237.50
5.83 %
Refining margins
23.86
18.86
377.20 %
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