Tasnee, Eastern Cement trade at 4-year lows

The recent decline of Saudi Arabia’s stock exchange index has dragged Tasnee, Eastern Cement, Fisheries, and Solidarity Insurance to their lowest trading price in four years, as shown in data compiled by Argaam.

Companies at 4-year low
Decline (percentage)	Notes	June 29 closing	Lowest price-today’s session	Company
(35%)	Lowest share price since Oct 2010	19.09	18.50	Tasnee
(26%)	Lowest share price since Aug 2011	45.80	45.60	Eastern Province Cement
(38%)	Lowest share price since Aug 2011	21.75	21.35	Saudi Fisheries Co.
(41%)	Lowest share price since Aug 2011	13.43	13.30	Solidarity Takaful

Furthermore, three companies including Mesc, Solidarity Insurance and MedGulf have seen their share prices fall by more than 40 percent compared to their highest price in 2015, with Mesc down by almost 50 percent from its peak.

Companies with declining shares — 2015
Decline (percentage)	Notes	June 29 closing	Lowest price-today’s session	Company
(50%)	Lowest share price since Dec 2012	13.48	13.25	Mesc
(46%)	Lowest share price since Dec 2014	38.75	37.70	Medgulf
(41%)	Lowest share price since Aug 2011	13.43	13.30	Solidarity Takaful

Another 28 stocks, mainly in the insurance sector, have reached three-month lows.

Companies at 3-month low
Decline (percentage)	Notes	June 29 closing	Lowest price-today’s session	Company
Banking Sector
(14%)	Lowest share price since Jan 2015	23.00	22.90	Saudi Investment Bank
Petrochemical Sector
(35%)	Lowest share price since Oct 2010	19.09	18.50	Tasnee
(22%)	Lowest share price since Dec 2014	14.26	14.00	Sahara Petrochemical Co.
Cement Sector
(21%)	Lowest share price since Dec 2014	21.33	21.1	Hail Cement
(12%)	Lowest share price since March 2015	63.84	63.75	Yanbu Cement
(26%)	Lowest share price since Aug 2011	45.80	45.60	Eastern province Cement
Agriculture
(15%)	Lowest share price since Jan 2015	32.43	30.70	Nadec
(38%)	Lowest share price since Aug 2011	21.75	21.35	Saudi Fisheries Co.
Insurance Sector
(27%)	Lowest share price since April 2014	49.99	49.70	Aljazira Takaful
(46%)	Lowest share price since Dec 2014	38.75	37.70	Medgulf
(30%)	Lowest share price since March 2015	15.05	14.85	Wala Insurance
(25%)	Lowest share price since Jan 2015	24.02	22.50	SAICO
(22%)	Lowest share price since Jan 2015	16.90	16.45	Gulf Union
(39%)	Lowest share price since March 2015	26.19	25.90	ACIG
(19%)	Lowest share price since March 2015	28.81	28.50	Al- Sagr insurance
(22%)	Lowest share price since March 2015	9.92	9.90	Saudi Reinsurance Co.
(26%)	Lowest share price since March 2015	63.95	62.00	ACE Arabia Cooperative Insurance
(19%)	Lowest share price since Jan 2015	27.87	26.90	Gulf General
(32%)	Lowest share price since Feb 2015	26.58	25.80	Buruj Insurance
(41%)	Lowest share price since Aug 2011	13.43	13.30	Solidarity Takaful
(25%)	Lowest share price since Jan 2015	47.25	46.7	Alinma Tokio Marine
Building & Construction
(21%)	Lowest share price since March 2015	47.55	47.20	Bawan Co.
(21%)	Lowest share price since March 2015	54.40	53.75	Electrical Industries Co.
(21%)	Lowest share price since Jan 2015	27.70	27.20	Al-khodari Sons
(22%)	Lowest share price since Jan 2015	24.19	23.70	National Gypsum Co.
(25%)	Lowest share price since Jan 2015	8.86	8.70	Saudi Cable Co.
(51%)	Lowest share price since Dec 2012	13.48	13.25	Mesc
Transportation
(18%)	Lowest share price since March 2015	26.97	26.30	SAPETCO

Argaam Reports

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