Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 0.9%, or 109 points, higher at 12,723 points today, March 13, reaching its highest level since June 2022.
The total traded value reached nearly SAR 11.4 billion.
The benchmark index gained more than 750 points, or 6.3%, since the beginning of the year.
Market Index
Al Rajhi Bank rose 2% to SAR 86.90, with about 8 million shares worth SAR 700 million traded.
Chemical, Amana Insurance, and Al Arabia were the top gainers, rising nearly 10%.
Elm, Riyadh Cables, Tawuniya, Makkah Construction, Al Rajhi Takaful, MEDGULF and Saudi Steel Pipe increased between 5% and 8%.
ACWA Power closed at SAR 306.80 (+3%), recording the highest closing since its listing.
Walaa Insurance jumped 5% to SAR 27.80, as nearly seven million shares worth SAR 200 million changed hands. The insurer reported a profit of SAR 45.3 million in Q4 2023, compared to a loss a year ago.
Company Prices
Company
Price
Change
Change (%)
Events
ALRAJHI
86.90
1.30
1.52 %
–
SABIC
77.90
(0.70)
(0.89 %)
–
WALAA
27.80
1.25
4.71 %
–
SNB
39.65
(0.10)
(0.25 %)
–
SAUDI ARAMCO
32.05
0.00
0.00 %
–
ALANDALUS
26.95
0.15
0.56 %
–
On the other hand, SAB, SABIC, Maaden, stc, Sipchem, SABIC Agri-Nutrients, Alujain and Saudi Kayan declined between 1% and 2%.
Number of High/Low companies
Market Movers
Company
52 Weeks Range
Price
Change
Price Earnings
CHEMICAL
7.04
2.82
7.04
7.04
10.00 %
32.46
AMANA INSURANCE
16.38
9.00
16.38
16.38
9.93 %
–
ALARABIA
252.60
111.00
298.40
252.60
9.92 %
39.48
ENAYA
21.44
9.00
21.44
21.44
9.39 %
–
GIG
39.35
24.16
39.50
39.35
8.55 %
16.07
SSP
76.00
19.34
77.60
76.00
7.50 %
22.40
WATANIYA
28.25
15.70
28.80
28.25
7.21 %
–
RIYADH CABLES
113.60
45.70
122.00
113.60
7.17 %
32.83
SPM
73.90
26.80
74.00
73.90
7.10 %
42.61
TAWUNIYA
167.00
77.91
169.00
167.00
6.78 %
40.64
Companies trading above 3-Month Average
Company
Average Volume (3M)
Volume
Percentage Change
WALAA
535,950.41
6,789,664.00
1,166.85 %
ABO MOATI
317,440.64
3,556,285.00
1,020.30 %
JAZADCO
581,804.06
3,351,850.00
476.11 %
ALARABIA
203,295.80
1,045,111.00
414.08 %
SAICO
223,830.44
1,120,790.00
400.73 %
KEC
598,353.14
2,785,579.00
365.54 %
RAYDAN
189,524.63
849,825.00
348.40 %
ALLIANZ SF
218,974.55
912,058.00
316.51 %
ARABIAN DRILLING
415,137.89
1,668,944.00
302.02 %
CHEMICAL
7,061,856.14
27,788,264.00
293.50 %
More
Companies achieved the highest and lowest closings in 52 weeks
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