Calendar

Saudi insurance sector's Q1 profit surges 50%

SAB maintains 2024 guidance

A look at Saudi insurance sector’s P/E ratio in Q1

Argaam Petrochemical Index up, prices mixed

    Value Traded6,078,962,770
    Open12,154.65
    Prev. Close12,198.38
    High12,179.43
    Low12,059.17
    YTD 1.32 %
    Transactions 478,124
    Volume 207,316,548
    Market Cap (Million) 3,394,508.45
    Company Price Change Price Earnings
    ALBAHA 0.14 7.69 % More than 50
    AMAK 63.80 7.05 % More than 50
    MEDGULF 25.40 6.72 % 13.92
    ALMUNAJEM 112.00 5.26 % 21.38
    CHEMANOL 16.46 4.71 % NEG
    THEEB 67.00 3.88 % 20.54
    WALAA 25.80 3.70 % 13.42
    FITNESS TIME 213.60 3.69 % 28.85
    ALOMRAN 37.75 3.42 % NEG
    ATHEEB TELECOM 116.80 3.36 % 19.27
    Company Price Change Price Earnings
    CENOMI RETAIL 10.06 (8.04 %) NEG
    ALBABTAIN 41.35 (7.39 %) 12.60
    SHARQIYAH DEV 20.20 (4.45 %) More than 50
    ALARABIA 222.40 (4.14 %) 33.88
    EAST PIPES 153.20 (4.13 %) 38.64
    SOLUTIONS 286.60 (4.08 %) 27.71
    BAWAN 43.40 (3.77 %) 19.93
    DWF 131.00 (3.68 %) NEG
    NCLE 156.00 (3.58 %) More than 50
    AWPT 228.60 (3.54 %) 38.01

    Major Shareholder Changes 16/05/2024

    Company / Shareholder Current Holding Prev. Holding Change Note
    Mulkia Investment Co.
    Mulkiya Trading Company
    16.92% 16.20% 0.72%
    Almujtama Alraida Medical Co.
    5.26% 5.16% 0.10%
    Alkhabeer Growth and Income Traded Fund
    Alkhabeer Growth & Income Traded Fund
    28.48% 28.44% 0.04%
    Alwasail Industrial Co.
    Abdulaziz A. Al-Mushaikh
    12.65% 12.66% (0.01%)
    Tihama Advertising and Public Relations Co.
    Noghaimech Fahad Abdelhaddi Alaadjami
    7.93% 8.01% (0.08%)
    Alwasail Industrial Co.
    Nasser A. Al-Mushaiqah
    12.31% 12.42% (0.11%)
    Tabuk Cement Co.
    Khalid Saleh Al-Shithry
    15.58% 16.14% (0.56%)
    Fund NAV Currency YTD Return
    AL RAJHI MID/SMALL-CAP FUND 914,960,946.00 Riyal 24.20%
    Osool & Bakheet Parallel Market Equity Trading Fund 45,005,354.00 Riyal 23.92%
    Riyad Emaar Fund 16,572,599.00 Riyal 21.85%
    Alawwal Invest Saudi Industrial Companies Equity Fund 59,297,184.00 Riyal 19.88%
    AL RAJHI MOMENTUM FUND 352,293,038.00 Riyal 18.99%
    Al Rajhi Inclusion Fund 344,373,628.00 Riyal 18.68%
    ANB Capital Opportunistic Fund 49,308,582.00 Riyal 18.53%
    Al Rajhi Freestyle Saudi Equity Fund 1,088,780,228.00 Riyal 18.32%
    Derayah FreeStyle Saudi Equity fund 1,302,914,580.00 Riyal 17.41%
    SAB INVEST GCC CONVENTIONAL EQUITY FUND 18,412,473.00 Riyal 16.90%

    Latest Analyst Estimates

    Date Company Research firm Rating
    20 May ETIHAD ETISALAT Sico Buy
    20 May MIS U-Capital Hold
    19 May ALHAMMADI U-Capital Hold
    19 May BINDAWOOD U-Capital Hold
    19 May JAMJOOM PHARMA United Securities Company Buy
    Date Project Name Company Status
    15/05/2024 SPTC , EIC Announced
    13/05/2024 BALADY Announced
    30/04/2024 LADUN , Cheval Collection International Announced
    28/04/2024 Educational Complexes-Tilal Al Riyadh Residential Community ARDCO , ALAKARIA , Riyadh Holding Announced
    28/04/2024 ALMUNAJEM Announced

    Mergers And Acquisitions

    Date First Party Second Party Related Parties Value (Million) Type Status More
    20240429 29-04-2024 MAADEN MWSPC Mosaic - Acquisition Negotiation
    20240422 22-04-2024 PIF TAWAL STC 8,700.00 Acquisition Certain
    20240329 29-03-2024 Bank Alfalah Limited-Pakistan SBL SNB - Acquisition Negotiation
    20240328 28-03-2024 NASEEJ Etmam Arabia Construction - - Acquisition Negotiation
    20240226 26-02-2024 DALLAH HEALTH Al-Ahsa Medical Services
    Al Salam Medical Services
    AYYAN - Acquisition Negotiation