Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 0.3%, or 40 points, lower at 12,796 points today, March 24.
Total turnover reached nearly SAR 6.6 billion.
Market Index
Saudi National Bank, Alinma Bank, Bank Albilad, Arab National Bank and Saudi Awwal Bank declined between 1% and 2%.
MIS fell 6% to SAR 135.80. The company reported losses of SAR 12.7 million in Q4 2023.
CATRION slipped more than 1% to SAR 136.20, after the company’s profit fell 35% year-on-year to SAR 69.5 million.
Nahdi and Leejam closed at SAR 150.40 (-2%) and SAR 230.60 (-4%), respectively, after going ex-dividend.
Company Prices
On the other hand, Al Rajhi Bank rose less than 1% to SAR 88.20.
Saudi Cable, Amiantit and Chubb Arabia each jumped nearly 10%.
Write to Parag Deulgaonkar at parag.d@argaam.com
Number of High/Low companies
Market Movers
| Company | 52 Weeks Range | Price | Change | Price Earnings |
|---|---|---|---|---|
| AMIANTIT |
26.75 11.78 |
26.75 | 9.99 % | NEG |
| SAUDI CABLE |
76.00 62.90 |
76.00 | 9.99 % | NEG |
| CHUBB |
41.00 16.40 |
41.00 | 9.92 % | 49.56 |
| GULF UNION ALAHLIA |
20.90 8.55 |
20.90 | 8.63 % | 7.67 |
| WALAA |
31.00 13.20 |
31.00 | 6.90 % | 17.82 |
| AWPT |
249.80 124.00 |
249.80 | 5.13 % | 44.60 |
| WAFRAH |
54.70 31.05 |
54.70 | 4.99 % | More than 50 |
| ALASEEL |
5.07 3.53 |
5.07 | 4.32 % | 26.37 |
| GIG |
40.75 24.92 |
40.75 | 4.22 % | 16.65 |
| CENOMI CENTERS |
25.05 19.18 |
25.05 | 3.17 % | 8.09 |
Companies trading above 3-Month Average
| Company | Average Volume (3M) | Volume | Percentage Change |
|---|---|---|---|
|
GULF UNION ALAHLIA |
481,107.31 | 3,140,725.00 | 552.81 % |
|
ALAWWAL MT30 |
519.78 | 2,264.00 | 335.57 % |
|
ALASEEL |
3,640,040.25 | 15,009,914.00 | 312.36 % |
|
AMIANTIT |
2,556,059.06 | 9,716,700.00 | 280.14 % |
|
SUMOU |
459,694.02 | 1,701,930.00 | 270.23 % |
|
CHUBB |
625,620.31 | 1,986,946.00 | 217.60 % |
|
ALANDALUS |
243,946.05 | 749,322.00 | 207.17 % |
|
CENOMI CENTERS |
1,617,729.33 | 4,799,546.00 | 196.68 % |
|
GULF GENERAL |
477,536.39 | 1,369,719.00 | 186.83 % |
|
MALATH INSURANCE |
972,810.31 | 2,753,718.00 | 183.07 % |
| More | |||