Recommendations

adawul’s capitalisation ended the week at SAR 9.23 trillion

13 December 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 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 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 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 …

Stock Evaluations

The food retailing sector surged 8%

30 November 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 …

Stock Evaluations

The banking sector decreased by 2.3%

30 November 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 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 …

Ratings

Thirteen sectors grew

22 November 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 12:24 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 12:51 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 …

Stock Evaluations

Ten sectors rose

15 November 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 …

Trading Activities

The food and staples retailing sector topped the risers adding 3.32%

12 November 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 …

Stock Evaluations

TASI’s traded volume reached 106.189 million shares by the end of Monday

11 November 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 …

Stock Evaluations

NOMU hiked by 12.48% by the end of Sunday

10 November 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

A group of 13 sectors levelled up

8 November 04:58 PM TASI adds 54 pts in week; Market cap hits SAR 1.83trln

Riyadh – Mubasher: The Saudi Stock Exchange’s Tadawul All-Share Index grew 54.17 points, or 0.7%, to reach 7,798.25 points in a week. A group of 13 sectors levelled up during the week, including the retailing sector which surged 8.46% and the …

Stock Evaluations

The banking sector added 1.03%

7 November 06:31 PM TASI ends 50 pts higher on Thursday

Riyadh – Mubasher: The Saudi Stock Exchange’s Tadawul All-Share Index (TASI) grew 49 points, or 0.63%, to close at 7,798.25 points on Thursday. The banking sector added 1.03% and the materials sector increased by 0.91%. On the other hand, the …

Trading Activities

The capital goods sector topped the risers adding 0.83%

6 November 05:55 PM Saudi market ends Wednesday in red

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) ended Wednesday’s trading session with negative performance, pressured by the fall of the banking, materials, and energy sectors. The benchmark Tadawul All Share Index (TASI) decreased by …

Stock Evaluations

TASI’s traded volume reached 108.4 million shares

5 November 05:44 PM Saudi bourse ends Tuesday’s session in green

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) ended Tuesday’s trading session with positive performance, for the second session in a row, pushed by the growth of many sectors. The benchmark Tadawul All Share Index (TASI) rose by 1.69%, or …

Stock Evaluations

TASI went up by 0.83% by the end of Monday

4 November 05:28 PM Saudi bourse ends Monday with positive performance

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) ended Monday’s trading session with positive performance, pushed by the growth of the banks and materials sectors. The benchmark Tadawul All Share Index (TASI) went up by 0.83%, or 62.88 …

Stock Evaluations

TASI fell by 1.99% by the end of Sunday

3 November 04:58 PM TASI hits lowest level since August on Aramco’s IPO

By: Bedour El Raee Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) ended Sunday’s trading session with negative performance, hitting lowest level since August, on the back of the official announcement of Saudi Aramco’s initial public …

Trading Activities

A group of 20 sectors levelled down last month

2 November 05:27 PM TASI sinks 713 pts in October on Media, Materials

Riyadh – Mubasher: The Saudi Stock Exchange’s Tadawul All-Share Index (TASI) went down by 712.85 points, or 4.3%, to reach 8,019.77 points in October, pressured by the media and materials sectors. Market capitalisation declined to SAR 1.82 …

Stock Evaluations

A number of 14 sectors declined

1 November 05:53 PM TASI sheds 170 pts in week; Market cap hits SAR 1.8trln

Riyadh – Mubasher: The Saudi Stock Exchange’s Tadawul All-Share Index (TASI) went down by 169.2 points, or 2.14%, to 7,744.08 points in a week. A number of 14 sectors declined including the telecom, materials, and banking sectors which shed 4.19%, …

Stock Evaluations

The banking sector topped the decliners falling 0.5%

31 October 05:34 PM Saudi market ends Thursday’s session down

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) ended Thursday’s trading session with negative performance, pressured by the fall of the banking and materials sectors. The benchmark Tadawul All Share Index (TASI) went down by 0.62%, or 48.68 …

Trading Activities

TASI’s traded volume reached 103.379 million shares

30 October 06:07 PM Banks push up Saudi market late Wednesday

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) ended Wednesday’s trading session with positive performance, after three straight drops, pushed by the growth of the banking sector. The benchmark Tadawul All Share Index (TASI) went up by …

Stock Evaluations

TASI’s traded volume reached 130.65 million shares

29 October 05:35 PM Saudi market ends Tuesday on mixed note

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) ended Tuesday’s trading session with negative performance, dragged by the fall of the banks and materials sectors. The benchmark Tadawul All Share Index (TASI) went down by 1.17%, or 91.10 …

Trading Activities