Saudi stock markets closed higher on Thursday, with the Tadawul All Share index finishing up 0.38% as sector gains in Media & Publishing, Insurance and Agriculture & Food supported the advance.
The session's top performer was Kingdom Holding Company (TADAWUL:4280), which rose 8.33% or 0.95 points to close at 12.35. Emaar The Economic City (TADAWUL:4220) added 7.09% or 0.72 points to finish at 10.88, and Tihama Advertising & Public Relations (TADAWUL:4070) gained 6.95% or 0.98 points to end the day at 15.08.
On the downside, Raydan Co (TADAWUL:6012) fell 3.62% or 0.49 points to close at 13.04. Saudi Enaya Cooperative Insurance (TADAWUL:8311) declined 3.04% or 0.35 points to 11.16, while United International Holding (TADAWUL:4083) dropped 2.87% or 1.18 points to finish at 39.90.
Across the exchange, rising names outnumbered decliners by 220 to 121, and 24 stocks finished unchanged.
Notable price milestones were recorded in the session. Shares of Kingdom Holding Company moved to five-year highs, closing at 12.35 after the 8.33% gain. In contrast, shares of Raydan Co fell to all-time lows at 13.04 following the 3.62% drop, and United International Holding also registered an all-time low at 39.90 after declining 2.87%.
Commodities markets displayed mixed directionality during the trading day. Crude oil for July delivery rose 2.49% or 2.45 to $100.71 a barrel. Brent for July settlement was up 1.80% or 1.89 to $106.91 a barrel. By contrast, the June Gold Futures contract fell 0.92% or 41.91 to trade at $4,516.09 per troy ounce.
Currency moves included EUR/SAR easing 0.17% to 4.35, while USD/SAR was effectively unchanged, moving 0.01% to 3.75. The US Dollar Index Futures advanced 0.12% to 99.22.
The stock highlighted by retail analytics in the original trading commentary, Tihama Advertising & Public Relations (TADAWUL:4070), was noted as being evaluated by an AI-based selection tool described in the market commentary. That tool reportedly assesses companies using a wide set of financial metrics to identify opportunities across sectors. The commentary referenced the tool's prior notable winners while framing it as an analytical product that screens names such as 4070 alongside other companies.
Overall, the trading day saw selective strength among mid- and large-cap names that pushed the benchmark modestly higher, even as several individual issues posted material declines and some reached historical lows.