Saudi Arabian equities finished the trading day in the red on Sunday, with the broader Tadawul All Share index slipping 0.40% at the close. Sector pressure came principally from Retail, Insurance and Energy & Utilities, which pushed the overall market lower despite pockets of strength among several mid-cap names.
The session's top performer was Saudi Fisheries Co. (TADAWUL:6050), which jumped 9.98% to close at 44.96, an advance of 4.08 points. Other notable gainers included Tamkeen Human Resources Co (TADAWUL:1835), up 3.99% or 1.86 points to finish at 48.48, and National Metal Manufacturing Co. (TADAWUL:2220), which added 3.78% or 0.45 points to end the day at 12.35.
On the downside, LIVA Insurance Co (TADAWUL:8280) led the decliners with a 5.30% drop, losing 0.70 points to close at 12.50. Jarir Marketing Co (TADAWUL:4190) fell 3.82% or 0.64 points to 16.10, while United Int Transportation Company (TADAWUL:4260) was down 3.31%, slipping 1.14 points to 33.34 in late trade.
Market breadth was negative at the session close: 190 stocks fell, 128 advanced and 22 were unchanged on the Saudi exchange. The modest overall retreat in the index indicates selective pressure rather than a broad-based sell-off.
Commodities and currency markets showed mixed movement alongside local equities. August delivery crude oil (CL) eased 0.12% or 0.09 to $76.54 per barrel, while Brent for August delivery rose 0.90% or 0.72 to $80.05 a barrel. The August Gold Futures contract moved lower by 1.72% or 73.00 to trade at $4,172.90 per troy ounce.
Foreign-exchange rates were largely unchanged: EUR/SAR was steady at 4.30 (flat to 0.10%) and USD/SAR held at 3.75 (unchanged, 0.01%). The US Dollar Index Futures registered no change at 100.62.
Session statistics and movers
- Tadawul All Share -0.40% at close
- Advancers: 128 | Decliners: 190 | Unchanged: 22
- Top gainers: Saudi Fisheries Co. (6050) +9.98%, Tamkeen Human Resources (1835) +3.99%, National Metal Manufacturing (2220) +3.78%
- Top losers: LIVA Insurance (8280) -5.30%, Jarir Marketing (4190) -3.82%, United Int Transportation (4260) -3.31%
The market closed with a modest net decline driven by specific sector weakness rather than a uniform market retreat. Observing the individual stock moves highlights where investor attention concentrated today, with strong gains in a few mid-caps offset by losses in key consumer and insurance names.