Shares on the Saudi exchange finished the session in negative territory on Monday, driven by declines in Agriculture & Food, Energy & Utilities and Cement sectors. The Tadawul All Share index closed down 0.62%.
A handful of firms recorded substantial gains at the close. Jahez International Company for Information Systems Technology SCJSC (TADAWUL:6017) led the advancers, jumping 9.96% - a rise of 1.30 points - to finish at 14.35. Kingdom Holding Company (TADAWUL:4280) climbed 9.94% or 1.35 points to end the day at 14.93. Saudi Industrial Development Co. (TADAWUL:2130) also advanced 9.94%, an increase of 1.38 points, settling at 15.27.
On the flip side, several stocks posted notable losses. Dallah Healthcare Holding Company (TADAWUL:4004) fell 5.22% or 5.80 points to close at 105.40. SABIC AgriNutrients Co (TADAWUL:2020) declined 3.91% or 5.40 points to finish at 132.60, while Yanbu National Petrochemical Co (TADAWUL:2290) dropped 3.50% or 1.18 points to 32.56 by the close.
Market breadth was positive in numerical terms: 207 securities increased versus 129 that declined, and 18 issues ended unchanged.
Kingdom Holding Company (TADAWUL:4280) reached a five-year peak in the session, recording a 9.94% gain to 14.93.
Commodity markets showed mixed moves during the trading day. Crude oil for July delivery rose 2.31% - up $2.02 - to $89.38 per barrel. Brent oil for August delivery increased 1.73%, or $1.58, to $92.70 a barrel. Precious metals moved lower, with the August Gold Futures contract slipping 1.23%, a decrease of $56.50, to trade at $4,536.50 per troy ounce.
Currency markets tied to the riyal were essentially flat. The euro-to-ryal rate (EUR/SAR) was unchanged, moving 0.09% to 4.37, while the dollar-to-ryal rate (USD/SAR) was unchanged, shifting 0.01% to 3.75.
Elsewhere, the US Dollar Index Futures registered a modest uptick of 0.15%, trading at 99.00.
Market snapshot
- Tadawul All Share -0.62% at the close
- Advancers 207 | Decliners 129 | Unchanged 18
- Notable gainers: Jahez International (TADAWUL:6017) +9.96%, Kingdom Holding (TADAWUL:4280) +9.94%, Saudi Industrial Development (TADAWUL:2130) +9.94%
- Notable decliners: Dallah Healthcare (TADAWUL:4004) -5.22%, SABIC AgriNutrients (TADAWUL:2020) -3.91%, Yanbu National Petrochemical (TADAWUL:2290) -3.50%
Note - All price and percentage movements reflect the close of trading on Monday.