Al Rajhi Bank, SABIC remain TASI heavyweights in Q2 2018

Al Rajhi Bank was ranked the largest weighted stock on the Tadawul All Share Index (TASI) for the fifteenth consecutive quarter in Q2 2018, data compiled by Argaam showed.

The blue chip lender’s weighting on the index rose to 14.33 percent in Q2, up from 13.67 percent in the previous quarter.

Petrochemical giant Saudi Basic Industries Corp. (SABIC) came in second at 9.35 percent.

National Commercial Bank (NCB) and Samba Financial Group followed at 5.92 percent and 3.8 percent, respectively.

Several companies changed ranks in Q2 compared to the previous quarter, as Jabal Omar Development moved down from the fourth place to the sixth place, while Savola slid six notches from the 11th to the 17th place.

Saudi Telecom Co. (STC) moved up to the fifth place from the sixth place, while Arab National Bank jumped from the 17th rank to the 11th rank.

Dar Al-Arkan and SAFCO exited the top 20 heavy weights on TASI, while Tasnee and Bank Aljazira made an entrance.

The table below shows the top 20 heavy weights on TASI according to the closing price on July 5:

Companies by Weight on TASI (Q2 2018)
Weight on the index	Closing Price as of July 5, 2018 (SAR)	Company	Ranking
14.33%	84.60	Al Rajhi Bank	1
9.35%	123.60	SABIC	2
5.92%	46.25	NCB	3
3.80%	31.45	SAMBA	4
3.43%	88.40	STC	5
3.38%	41.90	Jabal Omar	6
3.06%	16.28	Riyad	7
2.80%	21.06	Alinma	8
2.69%	55.50	Maaden	9
2.65%	34.15	BSF	10
1.88%	32.40	ANB	11
1.84%	178.20	Jarir	12
1.82%	31.25	SABB	13
1.82%	15.58	Kayan	14
1.81%	75.30	Yansab	15
1.75%	20.50	SEC	16
1.69%	35.45	Savola	17
1.59%	22.80	Tasnee	18
1.52%	57.70	Almarai	19
1.32%	14.58	Aljazira	20

Top Gainers on Free Shares % (Q2 2018)
Variation	Q2 2018	Q1 2018	Company
+15.91%	85.00%	69.09%	Atheeb Telecom (GO)
+15.00%	65.00%	50.00%	Aljazira Takaful
+13.90%	100.00%	86.10%	Al khodari
+12.22%	77.79%	65.57%	Shaker
+10.86%	55.28%	44.43%	Musharaka REIT
+10.81%	72.28%	61.47%	Jabal Omar
+10.78%	57.97%	47.19%	Al Ma’athar REIT
+9.75%	100.00%	90.25%	Al Rajhi REIT
+5.52%	50.76%	45.24%	Jadwa REIT Saudi
+2.02%	74.20%	72.18%	Jadwa REIT Al Haramain
+0.97%	77.78%	76.81%	Budget Saudi
+0.96%	40.29%	39.33%	eXtra
+0.39%	37.33%	36.94%	Emaar
+0.23%	84.22%	83.99%	Al Tayyar
+0.23%	52.20%	51.97%	Buruj
+0.23%	88.49%	88.26%	Northern Cement
+0.22%	42.50%	42.28%	Alinma Tokio
+0.21%	64.88%	64.67%	Care
+0.13%	47.03%	46.90%	SADAFCO
+0.11%	87.00%	86.89%	Tasnee
+0.11%	30.00%	29.90%	Al Hammadi
+0.11%	27.56%	27.46%	Alawwal
+0.10%	60.74%	60.64%	SVCP
+0.09%	29.84%	29.75%	SGS
+0.07%	50.29%	50.22%	Alhokair
+0.07%	41.64%	41.57%	Safco
+0.07%	63.82%	63.75%	Catering
+0.06%	48.35%	48.29%	ANB
+0.04%	86.81%	86.76%	Al Rajhi
+0.04%	35.68%	35.64%	Yansab
+0.04%	52.19%	52.15%	Bahri
+0.04%	32.40%	32.37%	SABB
+0.03%	95.70%	95.67%	Jarir
+0.03%	53.55%	53.52%	BSF
+0.03%	30.06%	30.03%	MetLife AIG ANB
+0.01%	17.09%	17.08%	SEC

Top Losers on Free Shares % (Q2 2018)
Variation	Q2 2018	Q1 2018	Company
(16.74%)	83.26%	100.00%	Derayah REIT
(2.30%)	64.52%	66.82%	Riyad REIT
(1.10%)	57.02%	58.12%	Fitaihi
(0.29%)	72.18%	72.47%	Zoujaj
(0.06%)	64.56%	64.62%	BATIC

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