TASI rises 1.3% as blue chips stage strong recovery

16/10/2018 Argaam

Saudi Arabia’s Tadawul All Share Index (TASI) rebounded from an early trading rout, closing 1.3 percent higher, or nearly 100 points, at 7,667 points on Tuesday.

 

The market slipped 4 percent in the first hour of trading, in line with the declines across Asian stock markets and Wall Street’s overnight losses.

 

Total turnover reached an 18-month high of SAR 7.5 billion. Advance to decline ratio stood at 47-136.

Market Index

Petchems major SABIC jumped 4.9 percent to SAR 124, while Advanced rose 1.7 percent to SAR 47.80. Petrochem and Sahara Petrochemical were up 1 percent each.

 

Heavyweight lenders Al Rajhi and National Commercial Bank gained 1.9 percent and 2.4 percent, respectively.

 

SIECO was the top gainer, rising 9.9 percent to SAR 76.20. The company will use its rights issue proceeds to finance new deals, its CEO Hazem Al Dosari told CNBC Arabia.

 

Saudi Ceramics, BCI, Arab National Bank and Saudi Telecom rose 5 to 7 percent.

Company Prices

Company Price Change Change (%) Events
STC 33.44 1.68 5.29 % -
ALRAJHI 35.16 0.65 1.88 % -
ANB 16.34 0.88 5.67 % -
SAIB 10.63 (0.06) (0.56 %) -
SAUDI CERAMICS 13.91 0.96 7.42 % -
SABIC 124.00 5.80 4.91 % -
Sahara Petrochemical 16.54 0.16 0.98 % -
SIECO 30.29 2.74 9.96 % -
MAADEN 14.96 (0.25) (1.64 %) -
LIVA 29.10 (1.55) (5.06 %) -
DAR ALARKAN 9.05 (0.31) (3.31 %) -
Petrochem 24.70 0.26 1.06 % -
BCI 23.80 1.30 5.78 % -
ADVANCED 36.20 0.61 1.70 % -
SNB 34.40 0.82 2.44 % -

Meanwhile, Saudi Investment Bank declined 0.6 percent to SAR 17.70. The bank’s CEO Musaed Al-Mineefi said the JPMorgan International Finance’s plan to sell its stake in the bank would be “positive” for existing shareholders.

 

Dar Al Arkan sank 3.3 percent to SAR 9.05, while Maaden slipped 1.6 percent to end at SAR 44.85.

 

Al Alamiya was the top declining, falling 5.1 percent to SAR 29.10.

Number of High/Low companies

Today

45
130

52 Weeks

47
126

Market Movers

Company 52 Weeks Range Price Change Price Earnings
SIECO
30.29
10.82 30.29
30.29 9.96 % NEG
SAUDI CERAMICS
13.91
11.72 35.20
13.91 7.42 % NEG
BCI
23.80
17.78 30.70
23.80 5.78 % 11.82
ANB
16.34
11.04 20.42
16.34 5.67 % 11.77
STC
33.44
26.04 37.36
33.44 5.29 % 16.35
BSF
33.30
27.20 37.50
33.30 5.05 % 12.32
SABIC
124.00
73.50 131.40
124.00 4.91 % 16.90
RIBL
17.12
10.96 25.55
17.12 4.01 % 13.96
ARAB SEA
1.00
0.90 6.86
1.00 3.95 % NEG
SVCP
46.80
40.20 62.80
46.80 3.65 % More than 100

Companies trading above 3-Month Average

Company Average Volume (3M) Volume Percentage Change
ANB 448,369.00 5,604,615.00 1,150.00 %
SAB 304,450.00 3,717,313.00 1,120.99 %
SAIB 221,533.00 2,138,827.00 865.47 %
BSF 426,408.00 3,999,847.00 838.03 %
SVCP 25,156.00 230,209.00 815.13 %
SAUDI CERAMICS 180,163.00 1,460,698.00 710.76 %
SNB 1,835,574.00 14,679,453.00 699.72 %
STC 858,611.00 6,786,730.00 690.43 %
ARDCO 384,084.00 2,896,637.00 654.17 %
RIBL 1,111,080.00 7,987,651.00 618.91 %
More

Companies achieved the highest and lowest closings in 52 weeks

Company Price Change 52 Weeks
SABIC AGRI-NUTRIENTS 83.00 41.88 %
SIECO 30.29 36.05 %

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Calendar

Event Company
No events available
Value Traded11,011,394,099
Open11,674.05
Prev. Close11,651.81
High11,691.19
Low11,498.93
YTD (3.91 %)
Transactions 653,676
Volume 403,326,416
Market Cap (Million) 3,228,800.95

Market Indicators

Latest update: 14/06/2024
P/E (TTM) *
25.78 X
P/E Before Unusual Items (TTM) *
25.32 X
Price/Book
2.29 X
Dividend Yield
2.84 %
* Except Aramco

Sector Closure

Sector
Value
Change
Change (%)
5,238.61
(109.35) (2.04 %)
5,733.86
(62.23) (1.07 %)
12,088.28
(88.07) (0.72 %)
5,017.80
(13.92) (0.28 %)
7,448.65
(68.36) (0.91 %)
5,318.73
(70.31) (1.30 %)
5,017.36
(55.19) (1.09 %)
26,592.06
(610.91) (2.25 %)
5,847.12
(108.35) (1.82 %)
12,976.28
(196.06) (1.49 %)
4,573.43
(46.66) (1.01 %)
11,347.75
(93.10) (0.81 %)
7,637.67
(151.62) (1.95 %)
10,471.90
61.48 0.59 %
7,275.96
(45.36) (0.62 %)
11,851.20
(554.14) (4.47 %)
3,330.32
17.38 0.52 %
3,391.08
(20.87) (0.61 %)
67,641.66
(934.20) (1.36 %)

Most Active Companies

Name
 
Price
Change (value)Change (%)
Brent Crude Oil
82.31
(0.25) (0.30 %)
Nymex
78.17
(0.28) (0.36 %)
Natural Gas
2.82
(0.07) (2.42 %)
Gold
2,320.76
(11.25) (0.48 %)
Silver
29.14
(0.40) (1.35 %)
High Grade Copper
4.45
(0.05) (1.09 %)
Iron Ore
107.33
0.21 0.20 %
Aluminum
2,512.50
(36.50) (1.44 %)
LEAD
2,158.50
5.50 0.26 %
Zinc
2,771.00
(19.50) (0.70 %)
Steel
720.00
(10.00) (1.36 %)
Wheat (CBOT)
600.60
(12.00) (1.97 %)
Corn (CBOT)
467.00
(3.20) (0.69 %)
Coffee (ICEUS)
224.40
(1.85) (0.82 %)
Whole Milk Powder
4,137.50
125.00 3.02 %
Skim Milk Powder
2,712.50
100.00 3.69 %
Refining margins
10.10
0.58 6.09 %
VLCC "Spot"
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LPG (mt) ($)
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Fujairah Fuel Pric (mt) ($)
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VLCC "TC/1Year" ($)
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MR Atlantic ($)
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Dry Bulk Panamax ($)
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