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28 January 06:25 AM

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A group of 12 sectors rose
24 January 06:03 PM TASI levels down by 0.87% in week; Market cap hits SAR 8.85trln
Riyadh – Mubasher: The Saudi Stock Exchange’s Tadawul All-Share Index (TASI) shed 0.87% to 8,386 points in a week. Market capitalisation decreased to SAR 8.85 trillion ($2.36 trillion) over the week, compared to SAR 8.91 trillion ($2.37 trillion) …
Stock Evaluations
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21 January 01:31 PM Arqaam Capital revises Saudi RE TP to SAR 11/shr
Riyadh – Mubasher: Arqaam Capital maintained a ‘Buy’ recommendation on Saudi Reinsurance Company (Saudi Re) and revised the stock’s target price (TP) up to SAR 11 per share, according to a recent report. This comes due to improvement in margins …
Ratings
SISCO was recently awarded a 30-year contract from Mawani
19 January 01:51 PM Al Rajhi sets SISCO’s TP at SAR 27/shr
Riyadh – Mubasher: Al Rajhi Capital Research initiated its coverage of the Saudi Industrial Services Company’s (SISCO) stock with a target price (TP) of SAR 27 per share, with an ‘Overweight’ recommendation. The research firm attributed the …
Ratings
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19 January 01:07 PM Al Rajhi initiates Aramco coverage with ‘Neutral’ rating
Riyadh – Mubasher: Al Rajhi Capital Research has initiated coverage of the Saudi Arabian Oil Company (Saudi Aramco) with a fair price evaluation of SAR 37.5 per share, with a ‘Neutral’ rating given an 8.4% upside. The fair price translates into a …
Stock Evaluations
The media sector surged 7.2%
17 January 05:03 PM TASI ends 114 pts higher in week; Aramco stands at SAR 34.6
Riyadh – Mubasher: The Saudi Stock Exchange’s Tadawul All-Share Index (TASI) increased by 114.03 points, or 0.6%, to reach 8,459.8 points in a week. The media sector surged 7.2%, while the insurance and pharma sectors added 5.5% and 5.45%, …
Trading Activities
JPMorgan is the first global bank to assign Aramco an overweight rating
15 January 11:49 AM JPMorgan assigns Aramco overweight rating; SAR 37/shr PT
Riyadh – Mubasher: JPMorgan has initiated coverage of the Saudi Arabian Oil Company’s (Saudi Aramco) stock with an overweight rating and a price target (PT) of SAR 37 per share, Reuters reports. JPMorgan noted that it sees Aramco could increase …
Stock Evaluations
A group of 16 sectors fell
10 January 05:10 PM TASI sinks over 51 pts in week
Riyadh – Mubasher: The Saudi Stock Exchange’s Tadawul All-Share Index (TASI) went down by 51.24 points, or 0.61%, to 8,345.77 points in a week. Market capitalisation declined to SAR 8.96 trillion ($2.39 trillion) over the week, compared to SAR 9 …
Trading Activities
A group of 4 sectors went down
3 January 09:02 PM TASI goes up 0.53% in week; liquidity totals SAR 19.3bn
Riyadh – Mubasher: The Saudi Stock Exchange’s Tadawul All-Share Index (TASI) grew by 43.87 points or 0.53% to 8,397.01 points in a week. Market capitalisation declined to SAR 9 trillion ($2.4 trillion) over the week, compared to SAR 9.04 trillion …
Trading Activities
The Saudi Stock Exchange will be open for trading on Wednesday
31 December 2019 03:42 PM Twelve Arab stock markets, excluding KSA, off on 1 January
Mubasher: Twelve Arab stock markets will close on Wednesday, 1 January 2020, on the occasion of the New Year holiday. The Gulf stock markets that will close on Wednesday include the Dubai Financial Market (DFM), the Abu Dhabi Securities Exchange …
Stock Evaluations
The banking sector went down by 1.49%
25 December 2019 06:34 PM TASI sheds 77 pts at Wednesday’s close; Aramco generates SAR 395 million
Riyadh – Mubasher: The Saudi Stock Exchange’s Tadawul All-Share Index (TASI) declined by 77.05 points, or 0.92%, to reach 8,342.79 points on Wednesday. The banking sector went down by 1.49%, while the materials and energy sectors decreased by 0.6% …
Stock Evaluations
Saudi Aramco was the most active stock
18 December 2019 05:54 PM Tadawul continues to increase on Wednesday for 4th session in row
Riyadh - Mubasher: The Saudi Stock Exchange (Tadawul) recorded its fourth consecutive increase by the end of Wednesday’s trading session despite the losses of Saudi Aramco’s shares. Tadawul All Share Index (TASI) rose by 0.68%, or 56 points, …
Trading Activities
adawul’s capitalisation ended the week at SAR 9.23 trillion
13 December 2019 01:45 PM TASI’s liquidity grows 399% in week led by Aramco’s market cap
Riyadh – Mubasher: Oil giant Saudi Arabian Oil Company’s (Saudi Aramco) market capitalisation grew to SAR 7.38 trillion ($1.97 trillion) by the end of the week, leading the broader Saudi Stock Exchange’s (Tadawul) capitalisation to expand by 339% …
Stock Evaluations
Boubyan sold nearly 3.326 million Saudi Aramco shares
12 December 2019 03:05 PM Boubyan Petrochemical exits stake in Aramco
Mubasher: Boubyan Petrochemical Company has sold its entire shares in Saudi Arabian Oil Co (Saudi Aramco), just after two sessions, profiting KWD 1.6 million ($5.3 million), according to a bourse statement. Boubyan sold nearly 3.326 million Saudi …
Companies Investments
Aramco’s free float could hit SAR 110 billion
11 December 2019 11:59 AM Aramco IPO to improve TASI’s MSCI emerging index weight – Aljazira Capital
Riyadh – Mubasher: Saudi Stock Exchange’s (Tadawul) All Share Index (TASI) is expected to outperform its counterparts in other developing countries, after the world’s biggest-ever initial public offering (IPO) of oil giant Saudi Arabian Oil Co …
Stock Evaluations
Saudi Arabia began trading the world's largest initial public offering
11 December 2019 11:21 AM Aramco shares rise 10% in largest IPO's initial trading on Wednesday
Riyadh - Mubasher: The shares of the Saudi Arabian Oil Co (Aramco)soared 10% early Wednesday in initial trading, as the stock's price rose to SAR 35.2 from SAR 32 at the Saudi Stock Exchange (Tadawul); accordingly, Aramco's shares hit the daily …
Trading Activities
The food retailing sector surged 8%
30 November 2019 08:20 PM TASI rises 115 pts in November
Riyadh – Mubasher: The Saudi Stock Exchange’s Tadawul All-Share Index (TASI) grew 114.98 points, or 1.48%, to 7,859.06 points in November. Market capitalisation increased to SAR 1.844 trillion ($491.8 billion) over the month, compared to SAR 1.818 …
Trading Activities
The banking sector decreased by 2.3%
30 November 2019 07:59 PM TASI sinks 203 pts in week; Market cap reaches SAR 1.84trln
Riyadh – Mubasher: The Saudi Stock Exchange’s Tadawul All Share Index (TASI) declined by 203.55 points, or 2.52%, to stand at 7,859.06 points in a week. Market capitalisation went down to SAR 1.844 trillion ($491.8 billion), over the week, …
Trading Activities
Shariah Banks continue to outperform conventional banks in deposit growth
27 November 2019 02:07 PM Saudi banks maintain strong growth signs – Report
Riyadh – Mubasher: The Saudi banking sector continues its move forward with steady deposit and loan growth, according to a recent report by Al Jazira Capital. Mortgage loans growth has exceeded expectation in recent years, showing a growth of 41 …
Sector Reports
Thirteen sectors grew
22 November 2019 07:07 PM TASI adds over 138 pts in week
Riyadh – Mubasher: The Saudi Stock Exchange’s Tadawul All-Share Index (TASI) grew by 138.4 points, or 1.75%, to 8,062.61 points in a week. Thirteen sectors grew, including food production, transport, and banking sectors which added 3.61%, 2.9%, …
Stock Evaluations
Alhokair reported SAR 27.2 million losses in Q3-19
21 November 2019 00:24 PM Al Rajhi Capital maintains Alhokair TP at SAR 22/shr
Riyadh – Mubasher: Al Rajhi Capital Research has revised their estimates for Fawaz Abdulaziz Alhokair and maintained their “neutral” recommendation on the stock with a target price (TP) of SAR 22 per share, according to a research note on …
Stock Evaluations
Aramco’s IPO began Sunday on 1.5% of the company’s shares
20 November 2019 00:51 PM Aramco’s weight on TASI to exceed 9%
Riyadh – Mubasher: The stock of the Saudi Arabian Oil Company (Saudi Aramco) is likely to have a weight of 9.1% to 9.7% in the main index of the Saudi Stock Exchange (Tadawul), based on the SAR 30-32 share price range. Meanwhile, Al Rajhi Bank is …
Initial Public Offerings
Ten sectors rose
15 November 2019 06:42 PM TASI tacks on 126 pts in week
Riyadh – Mubasher: The Saudi Stock Exchange’s Tadawul All-Share Index (TASI) went up by 125.94 points, or 1.61%, to 7,924.19 points in a week. Ten sectors rose, including the retailing sector which surged 4.54%, while the banking, telecom, and …
Stock Evaluations
The food and staples retailing sector topped the risers adding 3.32%
12 November 2019 04:38 PM Saudi bourse ends Tuesday’s session on mixed note
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) ended Tuesday’s trading session with positvie performance, for the fourth session in a row, supported by the growth of the banking and materials sectors. The benchmark Tadawul All Share Index …
Trading Activities
TASI’s traded volume reached 106.189 million shares by the end of Monday
11 November 2019 05:10 PM TASI, Nomu end Monday high
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) ended Monday’s trading session with positive performance, for the third session in a row, supported by the growth of the banking and materials sectors. The benchmark Tadawul All Share Index …
Trading Activities
NOMU hiked by 12.48% by the end of Sunday
10 November 2019 05:18 PM Saudi market ends Sunday’s session in green
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) ended Sunday’s trading session with positive performance, for the second session in a row, along with releasing the prospectus of Saudi Aramco. The benchmark Tadawul All Share Index (TASI) grew …
Stock Evaluations