Stock Markets June 30, 2026 08:45 AM

Tadawul edges higher as building, energy and tourism names lead gains

Saudi market posts modest close with selective stock advances; oil and currencies show mixed moves

By Avery Klein
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Saudi Arabia's equity market closed marginally higher Tuesday, with the Tadawul All Share index finishing up 0.07%. Strength in Building & Construction, Energy & Utilities and Hotels & Tourism underpinned gains. Several mid-cap names posted double-digit percentage rises, while a handful of stocks declined. Commodity and currency prices moved modestly alongside the equity session.

Tadawul edges higher as building, energy and tourism names lead gains
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Key Points

  • Tadawul All Share finished up 0.07% at the close, with leadership from Building & Construction, Energy & Utilities and Hotels & Tourism.
  • Top gainers included Ash-Sharqiyah Development Company (TADAWUL:6060) +9.99%, Tihama Advertising & Public Relations (TADAWUL:4070) +9.97%, and Mutakamela Insurance Co (TADAWUL:8040) +9.96%; largest decliners included AL-BABTAIN POWER & TELECOM CO (TADAWUL:2320) -3.79%, Al Hammadi Co (TADAWUL:4007) -3.08%, and AFG International Co (TADAWUL:4240) -2.66%.
  • Market breadth favored advancers with 200 rising stocks, 124 falling and 26 unchanged; commodity and FX moves were modest during the session.

Saudi Arabia's stock market finished the trading day with a slight gain on Tuesday, led by advances in specific sectors and individual issues. At the close, the Tadawul All Share index was up 0.07%.

Among the top performers, Ash-Sharqiyah Development Company (TADAWUL:6060) recorded the largest increase of the session, rising 9.99% - an uptick of 1.37 points that took the share price to 15.09 at the close. Tihama Advertising & Public Relations (TADAWUL:4070) followed, adding 9.97% or 1.65 points to finish at 18.20. Mutakamela Insurance Co (TADAWUL:8040) also saw a strong gain of 9.96%, climbing 1.09 points to close at 12.03.

On the downside, AL-BABTAIN POWER & TELECOM CO (TADAWUL:2320) was the weakest large mover, falling 3.79% or 2.55 points to end at 64.70. Al Hammadi Co (TADAWUL:4007) declined 3.08% or 0.86 points to 27.02, while AFG International Co (TADAWUL:4240) slipped 2.66% or 0.38 points to close at 13.91.

Wider market breadth favored gainers: 200 issues advanced compared with 124 decliners, and 26 stocks finished unchanged.


Commodity markets moved in a mixed pattern during the session. Crude oil for August delivery rose 0.31% or 0.22 to settle at $70.97 a barrel. Brent oil for September delivery increased 0.45% or 0.33 to $74.24 a barrel. Gold futures for August edged lower, falling 0.18% or 7.10 to trade at $4,031.80 a troy ounce.

Currency markets related to the riyal showed modest movement. EUR/SAR declined 0.17% to 4.28. USD/SAR was reported as unchanged 0.07% to 3.76. The US Dollar Index Futures was up 0.23% at 101.11.


The session's sector leadership came from Building & Construction, Energy & Utilities and Hotels & Tourism, which collectively pushed headline performance into positive territory. Within the list of notable single-stock moves, several companies delivered near-10% gains, while a smaller set of names recorded mid-single-digit declines.

Separately, an AI-driven stock evaluation product was referenced with respect to ticker 8040. The tool, ProPicks AI, is described as evaluating 8040 alongside thousands of other companies each month using more than 100 financial metrics. The product is noted to use AI to surface stock ideas by assessing fundamentals, momentum and valuation. The AI's historical highlights included past winners cited as Super Micro Computer (+185%) and AppLovin (+157%). The description offered an option to see whether 8040 is currently included in any ProPicks AI strategies or whether alternatives exist within the same sector.

Overall, the trading day closed with a modest broad-market uptick concentrated among certain sectors and individual names, while commodities and FX rates experienced relatively small moves.

Risks

  • Commodity price fluctuations - crude oil and Brent prices moved during the session, which can influence Energy & Utilities and related sectors.
  • Currency movements - changes in EUR/SAR and USD/SAR were recorded and could affect cross-border trade and sectors sensitive to exchange rates.
  • Concentration of gains and losses - several individual stocks experienced sharp single-session moves, indicating potential volatility at the single-stock level within the market.

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