TASI falls 0.3% to 11,127 pts, turnover at SAR 10.3B
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 0.3%, or 31 points, lower at 11,127 points today, Aug. 31.
Total turnover stood at about SAR 10.3 billion.
The index recorded a high of 11,192 and a low of 11,127.
MSCI implemented its changes today following the periodic review of its indices announced on Aug. 13.
Market Index
Saudi Aramco and Al Rajhi Bank fell less than 1% to SAR 26.06 and SAR 67.45, respectively.
Maaden dropped 2% to SAR 66.10.
Naseej was the top decliner, falling 10%. The company announced the rights trading and subscription period for new shares.
Masar fell 5% to SAR 17.08, with about 9 million shares worth more than SAR 150 million changing hands.
First Mills closed at SAR 51.90 (-4%) after going ex-dividend.
Ladun dropped 5% to SAR 2.43 on TASI debut, with nearly 8 million shares traded.
Company Prices
| Company | Price | Change | Change (%) | Events |
|---|---|---|---|---|
| SFICO | 71.90 | (0.90) | (1.24 %) | - |
| ALRAJHI | 67.45 | (0.35) | (0.52 %) | - |
| SABIC | 49.44 | (0.86) | (1.71 %) | - |
| ALINMA | 25.72 | 0.22 | 0.86 % | - |
| ALBABTAIN | 61.70 | 0.25 | 0.41 % | - |
| DALLAH HEALTH | 85.00 | (0.40) | (0.47 %) | - |
| SAUDI ARAMCO | 26.06 | (0.08) | (0.31 %) | - |
| ACWA | 191.90 | (1.40) | (0.72 %) | - |
| ARABIAN DRILLING | 94.90 | 0.90 | 0.96 % | - |
| RIYAD REIT | 4.87 | 0.02 | 0.41 % | - |
| ALJAZIRA REIT | 11.25 | (0.10) | (0.88 %) | - |
| Al RAJHI REIT | 8.05 | 0.03 | 0.37 % | - |
| AMAK | 82.90 | (2.15) | (2.53 %) | - |
| LADUN | 2.43 | (0.12) | (4.71 %) | - |
| FIRST MILLS | 51.90 | (2.35) | (4.33 %) | - |
Meanwhile, SNB rose 1% to SAR 43.30.
MESC was the top gainer, rising 9%.
Riyad REIT rose 1% to SAR 4.87 after announcing a cash dividend.
Write to Parag Deulgaonkar at parag.d@argaam.com
Number of High/Low companies
Market Movers
| Company | 52 Weeks Range | Price | Change | Price Earnings |
|---|---|---|---|---|
| WATANI STEEL | 2.15 | 9.69 % | 39.68 | |
| MESC | 35.40 | 8.66 % | 12.06 | |
| EAST PIPES | 196.70 | 5.36 % | 10.23 | |
| SAUDI CABLE | 183.50 | 4.74 % | 7.51 | |
| SSP | 53.70 | 4.47 % | 17.94 | |
| AVALON PHARMA | 68.00 | 4.45 % | 21.94 | |
| ATAA | 45.50 | 4.45 % | 17.50 | |
| SPM | 66.00 | 3.94 % | 20.98 | |
| WAFRAH | 22.83 | 3.77 % | NEG | |
| SEERA | 21.79 | 2.49 % | 46.40 |
Companies trading above 3-Month Average
| Company | Average Volume (3M) | Volume | Percentage Change |
|---|---|---|---|
| LADUN | 268,966.00 | 7,782,887.00 | 2,793.63 % |
| MOUWASAT | 442,885.00 | 8,062,061.00 | 1,720.35 % |
| SOLUTIONS | 285,346.00 | 5,099,970.00 | 1,687.29 % |
| BJAZ | 3,387,302.00 | 56,828,824.00 | 1,577.70 % |
| SAL | 212,715.00 | 3,223,814.00 | 1,415.56 % |
| TADAWUL GROUP | 345,882.00 | 4,198,795.00 | 1,113.94 % |
| JADWA REIT SAUDI | 435,669.00 | 4,531,819.00 | 940.20 % |
| ATAA | 96,226.00 | 986,164.00 | 924.84 % |
| ARMAH | 14,903.00 | 101,589.00 | 581.67 % |
| MODERN MILLS | 92,796.00 | 604,042.00 | 550.94 % |
| More | |||
Companies achieved the highest and lowest closings in 52 weeks
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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
104.90
(8.67)
(7.76 %)
Nymex
96.61
(7.61)
(7.43 %)
Natural Gas
2.87
(0.01)
(0.31 %)
Gold
3,965.33
91.99
2.37 %
Silver
50.95
1.88
3.82 %
High Grade Copper
6.58
0.10
1.46 %
Iron Ore
90.71
0.01
0.01 %
Aluminum
3,204.50
30.75
0.98 %
LEAD
1,903.50
(1.00)
(0.05 %)
Zinc
3,893.00
72.00
1.88 %
Steel
1,352.00
5.00
0.37 %
Wheat (CBOT)
606.00
2.40
0.40 %
Corn (CBOT)
447.50
(0.40)
(0.09 %)
Coffee (ICEUS)
291.10
3.75
1.30 %
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 %
VLCC "Spot"
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