TASI closes flat at 10,778 pts, total turnover at SAR 5.3B
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed flat at 10,778 points (-2 points) today, Sept. 17.
Total turnover stood at about SAR 5.3 billion.
Global index provider FTSE Russell implemented its changes to the Saudi market today, which will take effect on Sept. 21.
The index hit a high of 10,808 and a low of 10,760.
The US Federal Reserve raised interest rates by 25 basis points to the 3.75-4% range, the first increase since July 2023. The Saudi Central Bank (SAMA) mirrored the Fed’s move.
Market Index
Saudi Aramco fell by less than 1% to SAR 25.56. SNB and Acwa declined by 1%.
CGS closed at SAR 6.28 (-3%) after going ex-dividend.
Company Prices
| Company | Price | Change | Change (%) | Events |
|---|---|---|---|---|
| NADEC | 14.13 | (0.03) | (0.21 %) | - |
| ALRAJHI | 66.00 | 0.10 | 0.15 % | - |
| SABIC | 48.00 | (0.04) | (0.08 %) | - |
| TAPRCO | 19.15 | 0.00 | 0.00 % | - |
| SNB | 40.16 | (0.54) | (1.33 %) | - |
| SAUDI ARAMCO | 25.56 | (0.12) | (0.47 %) | - |
| CGS | 6.28 | (0.17) | (2.64 %) | - |
| ACWA | 180.00 | (1.50) | (0.83 %) | - |
| ALYAMAMAH STEEL | 35.46 | 0.50 | 1.43 % | - |
| ALAHLI REIT 1 | 6.73 | 0.16 | 2.44 % | - |
| MAHARAH | 4.34 | 0.06 | 1.40 % | - |
Meanwhile, Al Rajhi Bank rose by less than 1% to SAR 66.
SPIMACO was the top gainer, rising 9%.
Kingdom Holding, Bahri, Emaar EC, Jarir, SACO and Raya Financing increased between 2% and 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 |
|---|---|---|---|---|
| SPIMACO | 32.94 | 8.78 % | 18.44 | |
| CARE | 119.70 | 4.27 % | 17.92 | |
| JAMJOOM PHARMA | 135.10 | 3.92 % | 19.68 | |
| EIC | 15.40 | 3.84 % | 22.44 | |
| RASAN | 147.20 | 3.81 % | 32.98 | |
| ALINMA RETAIL REIT | 4.65 | 3.79 % | NEG | |
| SABIC AGRI-NUTRIENTS | 127.00 | 3.67 % | 15.57 | |
| BAWAN | 35.96 | 3.63 % | 15.08 | |
| FLYNAS | 43.54 | 3.62 % | More than 100 | |
| JARIR | 16.44 | 3.27 % | 17.56 |
Companies trading above 3-Month Average
| Company | Average Volume (3M) | Volume | Percentage Change |
|---|---|---|---|
| NOFOTH | 113,473.20 | 2,400,610.00 | 2,015.57 % |
| 2P | 681,771.39 | 6,788,284.00 | 895.68 % |
| AL MAATHER REIT | 53,239.29 | 490,621.00 | 821.54 % |
| ALAHLI REIT 1 | 98,985.05 | 821,705.00 | 730.13 % |
| MUSHARAKA REIT | 122,632.21 | 987,532.00 | 705.28 % |
| LADUN | 964,073.42 | 6,422,303.00 | 566.16 % |
| SACO | 84,775.53 | 471,546.00 | 456.23 % |
| JAMJOOM PHARMA | 39,707.86 | 220,864.00 | 456.22 % |
| RAYDAN | 215,102.23 | 1,114,414.00 | 418.09 % |
| ASTRA INDUSTRIAL | 67,362.17 | 319,468.00 | 374.25 % |
| More | |||
Companies achieved the highest and lowest closings in 52 weeks
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Sector Closure
Sector
Value
Change
Change (%)
Most Active Companies
Name
Price
Change (value)Change (%)
Brent Crude Oil
104.09
(1.50)
(1.43 %)
Nymex
101.17
(1.21)
(1.18 %)
Natural Gas
2.86
(0.03)
(0.93 %)
Gold
4,343.24
80.40
1.89 %
Silver
65.10
2.32
3.69 %
High Grade Copper
6.61
0.10
1.61 %
Iron Ore
97.41
(0.14)
(0.14 %)
Aluminum
3,454.25
16.75
0.49 %
LEAD
1,909.50
27.50
1.46 %
Zinc
3,880.50
70.00
1.84 %
Steel
1,277.00
5.00
0.39 %
Wheat (CBOT)
727.00
(3.60)
(0.49 %)
Corn (CBOT)
530.50
(3.60)
(0.67 %)
Coffee (ICEUS)
276.50
(5.05)
(1.80 %)
Whole Milk Powder
4,450.00
275.00
6.18 %
Skim Milk Powder
3,637.50
150.00
4.12 %
Refining margins
21.36
(6.87)
(24.34 %)
VLCC "Spot"
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Fujairah Fuel Pric (mt) ($)
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VLCC "TC/1Year" ($)
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LPG (mt) ($)
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Call Request
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