12/08/2024 Argaam Exclusive
AI Summary
Units of SICO Saudi REIT Fund edged 1% lower today, Aug. 12, recording the highest closed since the debut on the Saudi Exchange (Tadawul) at SAR 4.14 apiece.
| Year High (SAR) | Year Low (SAR) |
| 5.57 | 4.03 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 12.90 | 4.03 |
It hit an intraday low of SAR 4.03 per unit.
| Open | 4.00 |
| Low | 4.00 |
| High | 4.13 |
| Previous Close | 4.03 |
| Change (3M) | (6.06 %) |
| Change (6M) | 3.33 % |
| Market Value | 236.40 |
| Avg. Volume (3M) | 209,656.35 |
| Avg. Turnover (3M) | 899,162.45 |
| Avg. Transaction (3M) | 356.77 |
| Change(12M) | (4.05 %) |
| YTD | 1.77 % |
Accordingly, the fund’s year-to-date (YTD) losses reached over 10%.
SICO Saudi REIT has not made any changes to its capital since listing in 2018.
The fund reported a rise in losses to SAR 102.1 million in H1 2024, up from SAR 48.2 million in H1 2023.
| Date | Type | Capital (M Riyal) | Change (%) |
| 2022 | Private Offering Cancelled | - | - |
| 2017 | IPO | 572.40 | - |
| Financial Ratio | Current |
| Number of Units (Million) | 57.24 |
| Net Income/Unit ( Riyal) | (0.21 ) |
| Funds from operations/Unit ( Riyal) | 0.03 |
| Dividend Yield (%) (Last Year) | 0.00 |
| Price/book | 0.97 |
| Asset Growth (%) | (5.88 ) |
| Revenue Growth (%) | (16.21 ) |
| Net Income Growth (%) | 88.41 |
| Par Value ( Riyal) | 10.00 |
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