Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 1.6%, or 189 points, lower at 11,797 points today, Jan. 31.
Total turnover reached nearly SAR 8.7 billion.
Market Index
Al Rajhi Bank declined 5% to SAR 84, with about nine million shares worth more than SAR 760 million changing hands. The lender’s Q4 2023 net profit fell 5% year-on-year to SAR 4.17 billion.
ADES and Arabian Drilling dropped almost 10% each to close at SAR 19.96 and SAR 167.80, respectively.
Saudi Aramco slipped 2% to SAR 30.70, with about 21 million shares traded.
Riyadh Cement declined 4% to SAR 28.90 after the company announced the direct financial impact of the recent fuel price hike on production costs.
Company Prices
On the other hand, Almunajem Foods went nearly limit up to SAR 86.10, recording the highest closing since its market debut.
Bahri rose 2% to end the day at SAR 23.34.
Number of High/Low companies
Market Movers
Company
52 Weeks Range
Price
Change
Price Earnings
ALMUNAJEM
86.10
55.00
86.10
86.10
9.96 %
18.31
SPM
49.60
25.00
50.30
49.60
5.98 %
28.60
ALYAMAMAH STEEL
30.65
20.26
31.80
30.65
5.87 %
NEG
BUDGET SAUDI
83.10
48.50
88.00
83.10
4.79 %
21.41
2P
27.50
16.10
28.70
27.50
4.36 %
30.12
FITNESS TIME
193.20
84.00
208.60
193.20
3.87 %
30.26
CHEMICAL
4.64
2.68
5.22
4.64
3.80 %
33.36
SHAKER
29.75
16.66
32.30
29.75
3.66 %
24.19
SADAFCO
360.00
227.60
378.20
360.00
3.57 %
29.85
ASTRA INDUSTRIAL
129.00
51.00
144.00
129.00
3.53 %
24.19
Companies trading above 3-Month Average
Company
Average Volume (3M)
Volume
Percentage Change
ARABIAN DRILLING
263,919.11
3,041,103.00
1,052.29 %
ALJAZIRA REIT
260,871.65
2,136,477.00
718.98 %
ALYAMAMAH STEEL
480,877.55
3,348,568.00
596.35 %
ALMUNAJEM
741,560.83
3,790,371.00
411.13 %
BAAZEEM
267,686.42
1,177,860.00
340.01 %
SUMOU
236,272.45
823,151.00
248.39 %
BAHRI
594,956.33
2,063,550.00
246.84 %
ALBILAD US TECH
9,568.89
31,337.00
227.49 %
ALINMA SUKUK
1,778.35
5,718.00
221.53 %
SPM
430,390.79
1,344,006.00
212.28 %
More
Companies achieved the highest and lowest closings in 52 weeks
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