Top indebted companies in Q2 2024 amid declining interest rates

Tadawul: Here’s what you need to know today

    Value Traded1,015,935,461
    Open11,968.78
    Prev. Close11,920.94
    High12,002.10
    Low11,951.48
    YTD (0.01 %)
    Transactions 47,454
    Volume 45,878,728
    Market Cap (Million) 3,400,826.16
    Company Price Change Price Earnings
    RED SEA 56.40 6.42 % More than 100
    DERAYAH REIT 6.74 3.85 % 13.34
    BAHRI 27.85 3.15 % 11.21
    GULF GENERAL 12.42 2.81 % NEG
    WATANIYA 29.15 2.64 % 9.64
    ARDCO 27.05 2.46 % 13.37
    ZAMIL INDUST 26.50 2.32 % NEG
    EXTRA 97.20 2.10 % 17.50
    ALRAJHI TAKAFUL 197.80 1.85 % 50.45
    CARE 214.20 1.81 % 33.37
    Company Price Change Price Earnings
    ALISTITHMAR REIT 9.91 (1.88 %) -
    RASAN 63.40 (1.86 %) 84.84
    JAMJOOM PHARMA 187.40 (1.37 %) 39.55
    AMLAK 13.82 (1.29 %) 44.95
    HB 67.20 (1.18 %) NEG
    ALARABIA 203.40 (1.07 %) 34.94
    MAADANIYAH 16.78 (1.06 %) NEG
    MRNA 11.52 (1.03 %) 45.99
    ALBILAD US TECH 16.50 (1.02 %) -
    SEDCO CAPITAL REIT 8.15 (0.97 %) 20.75
    Company Last Price Volume
    ALBAHA 0.17 6,740,554
    BATIC 3.59 4,223,386
    ALINMA 29.35 3,375,774
    TECO 0.94 2,766,185
    ALRAJHI 89.10 1,565,806
    RED SEA 56.40 1,185,588
    STC 43.00 1,076,742
    SAUDI ARAMCO 27.25 928,367
    ANAAM HOLDING 1.12 914,029
    SAUDI KAYAN 7.86 902,202
    Company Last Price Turnover
    ALRAJHI 89.10 139,689,545
    ALINMA 29.35 99,728,199
    RED SEA 56.40 66,120,307
    STC 43.00 46,223,288
    SAUDI ARAMCO 27.25 25,285,799
    MAADEN 41.95 24,489,322
    SNB 34.50 17,712,617
    EXTRA 97.20 17,664,851
    MIAHONA 29.95 17,620,015
    BATIC 3.59 15,399,726

    Analyst Recommendations

    Date Company Research Firm Rating
    19/09/2024 RIYADH CABLES GIB Capital Overweight
    18/09/2024 DALLAH HEALTH AlJazira Capital Neutral
    17/09/2024 MAADEN Goldman Sachs Neutral
    17/09/2024 MAADEN Alawwal Capital Buy
    17/09/2024 MAADEN Sico Under Review

    Major Shareholder Changes

    Company / Shareholder Current Holding Prev. Holding Change Note
    International Human Resources Co.
    Khalid Saleh Al-Shithry
    27.39% 27.31% 0.08%
    The National Company for Glass Industries
    Riyad M. A. Al Humaidan
    18.70% 18.67% 0.03%
    Thimar Development Holding Co.
    NAWWAF HAMED FALAH AL-RASHIDI
    8.80% 8.78% 0.02%
    National Company for Learning and Education
    Fahd Muhammad Ibrahim Al-Khudair
    7.49% 7.50% (0.01%)
    Bank Albilad
    Khaled Abdulrahman Saleh Al Rajhi
    8.68% 8.75% (0.07%)

    Calendar

    Company Event
    ETIHAD ETISALAT Ex-dividend Date
    RIYADH CABLES Ex-dividend Date
    Almajed Oud Allocation Date
    SIDC General Assembly
    Footsie Russell Key Events
    ARDCO Cash Dividend Distribution
    Arab Mills for Food Products IPO/ Subscription
    Fund NAV Currency YTD Return Date
    AL RAJHI MID/SMALL-CAP FUND 1,591,246,802.00 Riyal 36.29% 16/09/2024
    Riyad Emaar Fund 27,892,803.00 Riyal 29.53% 17/09/2024
    Al Rajhi Freestyle Saudi Equity Fund 1,896,391,904.00 Riyal 29.38% 16/09/2024
    Al Rajhi Inclusion Fund 466,319,718.00 Riyal 27.83% 16/09/2024
    AL RAJHI MOMENTUM FUND 434,261,239.00 Riyal 24.94% 16/09/2024
    ANB Capital Opportunistic Fund 96,276,803.00 Riyal 24.86% 15/09/2024
    YAQEEN Gold Fund 3,506,118.00 USD 23.03% 16/09/2024
    ANB Capital Opportunistic Fund (Shariah) 107,669,256.00 Riyal 22.90% 15/09/2024
    SAB INVEST GCC CONVENTIONAL EQUITY FUND 21,601,654.00 Riyal 21.99% 16/09/2024
    GIB OPPORTUNISTIC MENA EQUITY FUND - CLASS (C) 80,981,933.00 Riyal 21.93% 18/09/2024