Saudi Arabia's equity market closed lower on Monday, with the Tadawul All Share ending the session down 0.91% as losses in the Cement, Real Estate Development and Transport sectors exerted downward pressure.
The session's top performers were insurance names. Al Sagr Co-operative Insurance Co (TADAWUL:8180) led advances, rising 9.99% or 1.04 points to finish at 11.45. Amana Cooperative Insurance Co (TADAWUL:8310) followed, adding 9.98% or 0.62 points to close at 6.83. Saudi Enaya Cooperative Insurance (TADAWUL:8311) also posted strong gains, up 6.74% or 0.70 points to 11.09 by the close.
At the other end of the board, several stocks recorded notable declines. Middle East Healthcare Co CJSC (TADAWUL:4009) was the weakest performer, falling 7.31% or 2.74 points to end at 34.74. Nofoth Food Products Co (TADAWUL:2288) retreated 7.30% or 0.63 points to 8.00, and Almajed 4 Oud Company SJSC (TADAWUL:4165) dropped 6.57% or 9.40 points to 133.60.
Market breadth favored falling names, with 215 issues closing lower versus 112 advancing; 27 stocks finished unchanged.
Notably, shares of Saudi Enaya Cooperative Insurance (TADAWUL:8311) climbed to a 52-week high during the session, gaining 6.74% or 0.70 to reach 11.09.
Commodity markets showed mixed moves during the trading day. Crude oil for June delivery rose 0.70% or 0.71 to $102.65 a barrel. Brent oil for July delivery increased 1.87% or 2.02 to $110.19 a barrel. By contrast, the June Gold Futures contract fell 1.37% or 63.84 to trade at $4,580.66 a troy ounce.
Currency and index snapshots included EUR/SAR quoted unchanged 0.08% at 4.39, while USD/SAR was unchanged 0.05% at 3.75. The US Dollar Index Futures were reported up 0.18% at 98.18.
For investors and market participants tracking sector dynamics, the session underscored a divergence between select insurance stocks, which delivered double-digit percentage gains, and broader pressure coming from construction-related and transport-linked names. The shift in commodity prices - crude and Brent higher, gold lower - was also a defining element of the market backdrop.
Overall, the Tadawul closed the day with a clear tilt toward declines, reflecting sector-specific weakness even as pockets of strength emerged among insurance companies.