‎TASI rises 0.3% to 11,494 points, turnover at SAR 4.6 bln

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 [email protected]

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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