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Tadawul All Shares IndexTadawul All Shares IndexTadawul All Shares Index

Tadawul All Shares Index

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TASI trade ideas

How Saudi Stock Market Sectors Performed During 2022?The chart illustrates how the Saudi stock market performed by sector in 2022, according to several indices of TADAWUL exchange: • TASI: All Share Index (-7.53%) • TBNI: Banks (-6.60%) • TMTI: Materials (-14.34%) • TTSI: Telecommunication (-11.57%) • TENI: Energy (-1.02%) • TISI: Insurance (-11.58%) • TSSI: Software & Services (+21.63%) • TRMI: Real Estate Mgmt & Dev't (-22.18%) • TFBI: Food & Beverages (-3.75%) • THEI: Health Care Equipment & Svc (+24.34%) The percentage on the right represents the year-to-date performance.
TADAWUL:TASI
by SamerHa
2
TASI: Short due to uncertainty and liquidityWith the recent cash grab of Al Rajhi Bank Sukuk completed the issuance of SR10 billion ($2.6 billion) Tier 1 SR-denominated sukuk, with coverage of over 300%. Saudi Arabia’s main index TASI is suffering liquidity in the market. TADAWUL:TASI DATE VALUE TRADED (SAR) 2022/12/15 6,702,114,194.93 2022/12/14 5,198,452,452.29 2022/12/13 5,641,471,939.41 2022/12/12 5,944,166,488.26 2022/12/11 3,054,604,600.67 2022/12/08 4,207,197,978.96 2022/12/07 3,681,126,174.09 2022/12/06 4,967,970,943.47 2022/12/05 4,146,969,817.51 2022/12/04 2,909,780,131.80 TASI which is heavily weighted by the Banking and Petrochemicals; $2222 is currently below its IPO price of 32 – Lately facing pressure of uncertainty of Oil Prices and demand. $7010 With the recent buybacks it appears that the company is signalling a slight uptrend in the telecommunication sector. $2010 The company’s recent financials have been hit with net profits margin sank to 3.92% compared to its previous quarter of 14.1%. Additionally, SABIC’s profits deteriorated over 67 percent from SR5.6 billion in the same quarter a year earlier, recording a bigger fall than analysts had earlier estimated, despite a revenue jump of 7 percent to SR47 billion. $1120 $1180 Both SNB and Al Rajhi are showing robust fundamentals due to the recent macroeconomics although if a recession were to happen in the upcoming months loan demand declines and investors seek safety. References: Aljazira Capital, Argaam
TADAWUL:TASIShort
by Blingblaww
2
TASI dumping to 8k rangeOur loving but always dropping TASI will continue down to 8400-8800 for several reasons. 1- The macro market. (Mainly) 2- It's broken down a major and well-defined trendline since 2008 and shows signs of rejection. Bears are in control at this point in time. 3- All major long term fib lines align at this point. 4- An order block (weekly) that followed the recovery of the market after the COVID crash was formed but was never retested as of yet. Should the macro market continue to deteriorate, there is a major trendline at the 7000 range to hold us up. Breaking any further than than, let's say to the 5600-6000 range, is a fire sale 🔥 🔥 Well that's most of the bad news. There will be good trading days that will follow. Just stay focused on growing your capital legends. So when the bottom of the market truly arrives, we will have the power to invest for the long term. Take care.
TADAWUL:TASIShort
by Cough5yrup
1