Saudi Arabian equities ended the trading session higher on Sunday, with the Tadawul All Share (TASI) up 0.57% at the close. Gains were concentrated in the Transport, Cement and Hotels & Tourism sectors, which collectively helped lift the broader index.
Top performers on the Tadawul All Share included Saudi Industrial Development Co. (TADAWUL:2130), which led the board higher by rising 8.40% - an increase of 1.34 points to close at 17.29. CHUBB Arabia Cooperative Insurance (TADAWUL:8240) gained 8.15%, or 1.56 points, to finish at 20.69, while Gulf General Cooperative Insurance (TADAWUL:8260) rose 7.65% or 0.30 points to end the day at 4.22.
Largest decliners included Kingdom Holding Company (TADAWUL:4280), which fell 6.38% or 0.92 points to close at 13.50. Saudi Aramco Base Oil Company JSC (TADAWUL:2223) declined 5.38%, a drop of 7.00 points to finish at 123.00, and Al Ramz Real Estate Company SJSC (TADAWUL:4327) slipped 3.69% or 2.20 points to 57.45.
Market breadth favored advancing issues, with 236 stocks rising against 96 that declined. A further 21 issues closed unchanged.
Commodities and currency moves were notable alongside the equity gains. Crude oil for July delivery fell 3.23%, losing $2.83 to settle at $84.88 a barrel. Brent oil for August delivery dropped 3.37% or $3.05 to $87.33 a barrel. In contrast, the August Gold Futures contract advanced 3.03% or $124.80 to trade at $4,238.80 a troy ounce.
In currency markets, EUR/SAR was down 0.12% at 4.34, while USD/SAR was essentially unchanged, moving 0.03% to 3.75. The US Dollar Index Futures traded lower by 0.10% at 99.75.
This session’s moves reflect a mix of sector-specific strength and broader commodity and FX fluctuations. Transport, Cement and Hotels & Tourism outperformance supported the index, while notable sell-offs in a handful of large-cap names weighed on parts of the market.
Market snapshot
- Tadawul All Share (TASI) - close: +0.57%
- Top gainers: TADAWUL:2130 (+8.40%), TADAWUL:8240 (+8.15%), TADAWUL:8260 (+7.65%)
- Top losers: TADAWUL:4280 (-6.38%), TADAWUL:2223 (-5.38%), TADAWUL:4327 (-3.69%)
- Advancers/decliners/unchanged: 236 / 96 / 21
- Crude (July) - $84.88 per barrel, down 3.23%
- Brent (August) - $87.33 per barrel, down 3.37%
- Gold (August futures) - $4,238.80 per troy ounce, up 3.03%
- EUR/SAR - 4.34 (-0.12%); USD/SAR - 3.75 (0.03%); US Dollar Index Futures - 99.75 (-0.10%)
Investors and market participants will likely continue to monitor sector performance and commodity price swings as drivers of domestic equity direction in coming sessions.