Saudi Arabian equities finished higher on Thursday, with the Tadawul All Share index adding 0.43% by the close. Gains were concentrated in Telecoms & IT, Financial Services and Retail sectors, which helped lift the broader market.
The session's top performers included Tabuk Agriculture Development Co (TADAWUL:6040), which jumped 10.00% - a rise of 0.94 points - to close at 10.34. Saudi Paper Manufacturing Co. (TADAWUL:2300) also advanced, gaining 7.14% or 4.60 points to finish at 69.00. Takween Advanced Industries (TADAWUL:1201) was up 6.91%, a 0.32-point increase, ending the session at 4.95.
On the downside, The Company for Coop. Insurance (TADAWUL:8010) led the decliners with a 9.99% drop, down 13.60 points to 122.60 at the close. Methanol Chemicals Company (TADAWUL:2001) declined 9.98%, falling 3.98 points to 35.90, and Riyadh Cement Co (TADAWUL:3092) slipped 5.14%, a 1.13-point decrease to 20.87.
Across the exchange, the tally of losers and winners was reported as 157 each, while 33 stocks finished unchanged. The session included notable price milestones: Saudi Paper Manufacturing Co. (TADAWUL:2300) reached a 52-week high with its 7.14% gain to 69.00, and Riyadh Cement Co (TADAWUL:3092) fell to an all-time low after its 5.14% decline to 20.87.
Commodity markets showed movement alongside equities. Crude oil for September delivery was down 0.83% or 0.70, trading at $83.76 a barrel. Brent oil for October delivery fell 1.17% or 1.03, settling at $87.06 a barrel. Precious metals were firmer: the August Gold Futures contract rose 0.97% or 39.35 to trade at $4,075.65 a troy ounce.
Exchange rates and dollar benchmarks also shifted modestly. EUR/SAR was higher by 0.17% at 4.31, while USD/SAR was effectively unchanged, moving 0.02% to 3.75. The US Dollar Index Futures declined 0.24% to 100.49 by the close.
Market context
- The Tadawul All Share advanced 0.43% at the session close.
- Top sector contributors were Telecoms & IT, Financial Services and Retail.
- Individual stocks posted volatile moves on the day, with several double-digit percentage changes among both gainers and losers.
These developments highlight a trading day defined by sector-led gains and pronounced single-stock volatility, with commodity and currency movements providing additional market context.