Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 0.3%, or 35 points, higher at 11,494 points in the first session after Eid Al-Adha holidays today, July 2.
Total turnover reached almost SAR 4.6 billion.
Market Index
Almarai, Sipchem, MARAFIQ, Alinma Bank, stc, Saudi Electricity and Sulaiman Al Habib increased between 1% and 4%.
First Mills rose 13% to SAR 80, with nearly 8 million shares worth over SAR 600 million traded. The company posted a net profit of SAR 73.8 million for the first quarter of 2023, a rise of 2% compared to SAR 72.5 million a year earlier.
Al Mawarid and Jamjoom Pharma went nearly limit up after announcing their financial results.
Company Prices
On the other hand, Zain KSA closed at SAR 13.90 (-2%) following the end of the eligibility for cash dividends to shareholders.
Thob Al-Aseel was the top decliner, falling 8% to SAR 5.31 amid profit-taking.
Write to Parag Deulgaonkar at parag.d@argaam.com
Number of High/Low companies
Market Movers
Company
52 Weeks Range
Price
Change
Price Earnings
FIRST MILLS
80.00
66.00
82.40
80.00
13.48 %
20.29
Jamjoom Pharma
98.40
66.00
98.40
98.40
9.94 %
32.46
ALMAWARID
104.20
70.40
104.20
104.20
9.80 %
18.34
MEDGULF
10.10
7.53
13.26
10.10
8.37 %
NEG
FITNESS TIME
137.00
72.40
141.80
137.00
6.20 %
26.20
SASCO
62.00
28.75
62.70
62.00
6.16 %
38.85
HB
65.50
40.00
76.40
65.50
5.31 %
NEG
EAST PIPES
65.70
36.50
69.90
65.70
5.29 %
20.71
Fitaihi Group
40.30
27.00
40.60
40.30
5.22 %
NEG
Arabian Shield
20.86
15.16
21.66
20.86
5.04 %
More than 50
Companies trading above 3-Month Average
Company
Average Volume (3M)
Volume
Percentage Change
SEDCO CAPITAL REIT
189,989.82
972,206.00
411.71 %
Fitaihi Group
372,280.04
1,541,540.00
314.08 %
JADWA REIT ALHARAMAIN
96,489.73
380,169.00
294.00 %
MEDGULF
856,181.16
2,300,793.00
168.73 %
MULKIA REIT
167,760.84
447,974.00
167.03 %
Arabian Shield
864,247.00
1,740,707.00
101.41 %
Sipchem
2,390,980.65
4,712,313.00
97.09 %
FITNESS TIME
222,331.04
429,055.00
92.98 %
LAZURDE
707,103.91
1,239,943.00
75.36 %
ALSAGR INSURANCE
561,728.65
962,677.00
71.38 %
More
Companies achieved the highest and lowest closings in 52 weeks
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