‎TASI falls 0.6% to 12,555 points, turnover at SAR 8.2B

Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 0.6%, or 76 points, lower at 12,555 points today, March 3.

Total turnover reached nearly SAR 8.2 billion.

Market Index

Al Rajhi Bank declined 1% to SAR 87.70.

Zain KSA fell more than 6% to SAR 13.96, with about 50 million shares traded, the highest since 2015. The total value of the shares traded exceeded SAR 700 million.

The telecom company released its Q4 2023 financials and announced a cash dividend of SAR 0.50 per share.

Umm Al-Qura Cement declined 2% to SAR 15.78 after the company reported losses of SAR 6.1 million in Q4 2023.

Hail Cement closed at SAR 11.64 (-4%) after going ex-dividend today.

Company Prices

On the other hand, Al Rajhi Takaful and Saudi Steel Pipe went almost limit up to SAR 93.10 and SAR 54, recording the highest close since listing.

Avalon Pharma rose to SAR 193.40 (+8%), with nearly 4.2 million shares worth SAR 800 million traded.

Jadwa REIT Al Haramain closed at SAR 6.79 (-1%) after going ex-dividend.

Write to Parag Deulgaonkar at [email protected]

Number of High/Low companies

Market Movers

Company
52 Weeks Range
Price
Change
Price Earnings

ALRAJHI TAKAFUL

93.10

38.00
93.10

93.10
9.92 %
28.38

SSP

54.00

19.34
54.00

54.00
9.87 %
15.91

AVALON PHARMA

193.40

90.20
197.60

193.40
7.56 %
–

ALDREES

191.40

84.70
195.40

191.40
6.10 %
More than 50

MAHARAH

7.73

4.27
8.07

7.73
5.89 %
26.12

RIYADH CABLES

117.00

45.70
122.00

117.00
4.46 %
35.75

SPIMACO

39.85

21.78
45.25

39.85
4.46 %
NEG

MEPCO

46.00

26.90
47.50

46.00
4.19 %
NEG

APC

182.00

38.25
186.00

182.00
4.00 %
16.87

ALBABTAIN

35.00

14.27
35.10

35.00
3.86 %
18.63

Companies trading above 3-Month Average

Company
Average Volume (3M)
Volume
Percentage Change

ZAIN KSA

4,242,485.30

50,141,011.00
1,081.88 %

SFICO

493,659.19

2,056,508.00
316.58 %

SSP

1,272,746.97

4,524,515.00
255.49 %

FITAIHI GROUP

2,974,974.69

8,690,309.00
192.11 %

JAZIRA TAKAFUL

279,013.27

813,171.00
191.45 %

OASIS

214,639.84

616,933.00
187.43 %

EXTRA

571,910.73

1,617,817.00
182.88 %

FIRST MILLS

535,023.55

1,456,632.00
172.26 %

AYYAN

2,100,399.91

5,665,886.00
169.75 %

PETRO RABIGH

2,715,246.17

6,815,668.00
151.01 %

More

Companies achieved the highest and lowest closings in 52 weeks

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