Markets Today: Fed maintains rate, sees 2 cuts

20/03/2025 Argaam Exclusive

Market Indices

Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 0.7%, or 83 points, lower at 11,709 points, on March 19. Details

The Nomu-Parallel Market Capped Index (NomuC) edged down 0.1%, or 35 points, to end at 30,684, on March 19. The total traded value reached nearly SAR 30 million. Details

Top News

International

US stock indices rose during trading on Wednesday, with Treasury yields declining after the Federal Reserve held interest rates steady and maintained its forecast for two borrowing cost cuts this year. Details

International Market

Oil

Brent crude rose 0.3%, or 22 cents, to settle at $70.78 a barrel on March 19. US WTI crude gained 0.4%, or 26 cents, to $67.16 a barrel. Details

Corporate

Financials

Company 2023 2024 Change (%) Profit Performance
GULF UNION ALAHLIA 125.04 43.65 (65.09 %) Profit Performance
GULF GENERAL 3.53 (94.21) (2767.24 %) Profit Performance
SPPC (132.30) (219.41) (65.84 %) Profit Performance
DAR ALARKAN 610.76 806.84 32.10 % Profit Performance
MESC 48.94 91.00 85.96 % Profit Performance
OASIS 33.87 12.08 (64.35 %) Profit Performance
AMWAJ INTERNATIONAL 15.96 6.36 (60.16 %) Profit Performance
NABA ALSAHA 52.38 21.78 (58.41 %) Profit Performance
ALMUNEEF 17.58 20.48 16.47 % Profit Performance
TALCO 80.13 82.65 3.15 % Profit Performance

Shareholders

Calendar

Event Calendar Event Type Company Venue Details
Eligibility for Cash Dividend Ex-dividend Date QACCO
Ordinary general meeting General Assembly YANSAB
Eligibility for Cash Dividend Ex-dividend Date ETIHAD ETISALAT
Eligibility for Cash Dividend Ex-dividend Date EIC
FTSE Russell implements changes to Saudi market Key Events Footsie Russell

Market Movers

Company 52 Weeks Range Price Change Price Earnings
UIHC
172.00
145.20 200.00
172.00 3.49 % 19.34
ALBAHA
0.37
0.15 0.63
0.37 2.78 % 96.43
RASAN
79.60
40.70 96.20
79.60 2.58 % 65.13
QACCO
52.60
49.30 61.50
52.60 2.53 % 19.30
SAUDI CABLE
117.00
55.50 138.80
117.00 2.45 % 17.22
BAHRI
30.70
24.96 32.50
30.70 2.33 % 10.45
AICC
12.76
11.96 17.70
12.76 2.08 % 22.43
DERAYAH REIT
5.69
5.04 7.63
5.69 1.97 % 11.21
SHARQIYAH DEV
19.06
16.88 24.64
19.06 1.82 % 54.69
GULF GENERAL
10.18
9.51 17.00
10.18 1.80 % NEG

Companies trading above 3-Month Average

Company Average Volume (3M) Volume Percentage Change
BAHRI 699,020.00 3,489,573.00 399.21 %
QACCO 104,389.00 298,424.00 185.88 %
SADAFCO 29,085.00 79,646.00 173.84 %
SABI HK ETF 41,868.00 112,245.00 168.09 %
SIPCHEM 1,212,398.00 3,203,811.00 164.25 %
SEDCO CAPITAL REIT 66,124.00 144,702.00 118.83 %
THEEB 87,077.00 189,770.00 117.93 %
SAUDI ARAMCO 10,994,332.00 21,990,551.00 100.02 %
ALAHLI REIT 1 54,005.00 105,266.00 94.92 %
SHL 84,836.00 161,210.00 90.03 %
More

Companies achieved the highest and lowest closings in 52 weeks

Company Price Change 52 Weeks
ALBILAD GOLD ETF 16.02 38.34 %

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