Jarir, Amana Insurance Hit 52-Week Highs on TASI
Jarir Marketing hit SAR 14.50 and Amana Insurance closed at SAR 17.80, both 52-week highs on TASI. Volumes ran above average with no company statements.
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Shares of Jarir Marketing Co. and Amana Insurance Co. hit their 52-week highs on the Saudi Main Market (TASI) on Wednesday, July 2, data compiled by Argaam showed.
Jarir closed at SAR 14.50, its highest level in a year. The stock has gained roughly 12% since the start of 2025. Amana Insurance ended the session at SAR 17.80, also a 52-week peak. The insurer has risen about 8% year-to-date.
Neither company issued a statement explaining the moves. Trading volumes on both stocks were above their 30-day averages, suggesting broad buying interest rather than a single block trade.
Jarir operates a chain of retail stores selling consumer electronics, office supplies, and books across Saudi Arabia. Amana Insurance writes general and health insurance products, with a focus on the domestic market.
The broader TASI index was flat on the session, up 0.1% at 12,450 points. The parallel Nomu market also showed no major moves.
Both stocks remain below their all-time highs. Jarir's record close of SAR 18.20 dates to January 2022. Amana Insurance peaked at SAR 22.40 in March 2023.
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