Al Rajhi Bank retained its position as the largest weighted stock on the Tadawul All Share Index (TASI) for the 20th consecutive quarter in Q3 2019, data compiled by Argaam showed. 

 

The lender’s weight on the index stood at 15.78 percent in Q3 as compared to 16.01 percent in the previous quarter.

 

National Commercial Bank (NCB) maintained its second place on the list with a 6.97 percent weight.

 

Saudi Basic Industries Corp. (SABIC) came in third with 6.89 percent.

 

Alinma Bank moved up to the 7th rank from the 9th. Saudi mining firm Maaden also advanced two notches to the 10th place. Saudi Electricity Co. (SEC) came in the 13th rank, compared to 17th previously.

 

On the other hand, Arab National Bank moved down two notches to the 12th place, with Sipchem also dropping to the 18th position from the 15th.

 

Saudi dairy producer Almarai joined the list of largest heavyweights on TASI, while Saudi Kayan exited it.

 

The table below shows the top 20 heavy weights on TASI based on closing prices on June 27:

 

Companies by Weight on TASI (Q3 2019)

Weight on the index

Closing Price as of Sept. 26, 2018 (SAR)

Company

Ranking

15.78%

63.00

Al Rajhi Bank

1

6.97%

46.35

NCB

2

6.89%

92.80

SABIC

3

5.48%

106.80

STC

4

4.63%

24.34

Riyad

5

3.65%

28.15

Samba

6

2.98%

22.06

Alinma

7

2.75%

33.00

BSF

8

2.67%

30.05

SABB

9

2.05%

45.75

Maaden

10

1.99%

25.10

Jabal Omar

11

1.98%

22.68

ANB

12

1.73%

21.00

SEC

13

1.67%

81.70

SAFCO

14

1.59%

157.20

Jarir

15

1.47%

30.95

Savola

16

1.42%

11.88

Dar Al Arkan

17

1.40%

17.94

Sipchem

18

1.33%

54.40

Yansab

19

1.25%

49.80

Almarai

20
 

A total of 23 firms reported an increase in the percentage of free float shares during Q3 2019. Jadwa REIT Saudi came on top with 20.14 percent. It was followed by MEPCO with 12.14 percent.

 

Top Performers on Free Shares % (Q3 2019)

Variation

Q3 2019

Q2 2019

Company

20.14%

88.61%

68.47%

Jadwa REIT Saudi

12.14%

76.76%

64.62%

MEPCO

10.00%

65.00%

55.00%

Aljazira Takaful

3.64%

39.02%

35.38%

SABB

3.20%

80.02%

76.82%

Savola

3.00%

67.09%

64.09%

BATIC

2.84%

35.43%

32.59%

Saudi German Hospital

1.40%

82.18%

80.79%

Derayah REIT

1.24%

83.31%

82.06%

Budget Saudi

1.12%

81.07%

79.95%

Alinma

1.10%

95.40%

94.30%

Aljazira

0.89%

41.62%

40.73%

Emaar

0.74%

60.07%

59.33%

Musharaka REIT

0.70%

86.86%

86.16%

SIIG

0.58 %

95.67%

95.09%

Sipchem

0.49%

22.32%

21.82%

SABIC

0.43%

22.64%

22.21%

Almarai

0.32%

88.91%

88.59%

Northern Cement

0.26%

60.46%

60.21%

Mobily

0.18%

93.74%

93.55%

Adanced

0.16%

24.38%

24.22%

Petro Rabigh

0.15%

75.95%

75.80%

Jarir

0.01%

93.84%

93.82%

Saudi Cement
 

Eastern Province Cement Co. posted the biggest decline in free float shares in the same period with 17.23 percent.

 

Worst Performers on Free Shares % (Q3 2019)

Variation

Q3 2019

Q2 2019

Company

(17.23%)

65.73%

82.96%

Eastern Cement

(9.54%)

60.46%

70.00%

Al Ahli Takaful

(1.00%)

30.00%

31.00%

Al Waha

(0.31%)

54.35%

54.66%

Fitaihi

(0.17%)

73.55%

73.72%

BCI

(0.13%)

30.57%

30.70%

Taleem REIT

(0.05%)

61.35%

61.41%

Taiba

(0.05%)

39.12%

39.17%

Yansab

(0.05%)

83.59%

83.64%

Seera

(0.04%)

62.58%

62.62%

Al Jouf

(0.01%)

44.35%

44.36%

SAFCO

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Quotes

ETIHAD ETISALAT
51.80
0.10 0.19%
ALJOUF
69.20
0.00 0.00%
BJAZ
16.18
(0.06) (0.37%)
SAB
33.55
(0.15) (0.45%)
EPCCO
31.80
(0.45) (1.40%)
SAUDI CEMENT
40.30
0.60 1.51%
ALMARAI
55.60
(0.10) (0.18%)
SABIC
72.50
0.00 0.00%
SABIC AGRI-NUTRIENTS
116.20
2.20 1.93%
SAVOLA GROUP
25.60
(0.05) (0.19%)
SIIG
17.60
(0.10) (0.57%)
YANSAB
39.65
(0.15) (0.38%)
FITAIHI GROUP
4.04
0.02 0.50%
BATIC
3.88
(0.02) (0.51%)
TAIBA
43.30
(0.60) (1.37%)
SIPCHEM
26.35
0.20 0.76%
PETRO RABIGH
8.27
(0.22) (2.59%)
ALINMA
28.15
(0.10) (0.35%)
EMAAR EC
8.54
0.01 0.12%
BUDGET SAUDI
85.80
0.50 0.59%
SEERA
23.02
(0.48) (2.04%)
NORTHERN CEMENT
8.93
0.02 0.22%
BCI
30.25
0.05 0.17%
ADVANCED
36.00
0.05 0.14%
ATC
34.00
0.05 0.15%
JAZIRA TAKAFUL
16.02
(0.16) (0.99%)
MEPCO
39.10
(0.35) (0.89%)
SAUDI GERMAN HEALTH
71.70
1.60 2.28%
TALEEM REIT
10.90
(0.08) (0.73%)
MUSHARAKA REIT
4.95
(0.04) (0.80%)
DERAYAH REIT
6.20
(0.02) (0.32%)
JADWA REIT SAUDI
11.34
0.10 0.89%


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