Saudi Arabian equities finished the trading session higher on Tuesday, with the Tadawul All Share index up 0.74% and reaching a new one-month high.
Sector performance was led by gains in Energy & Utilities, Building & Construction and Cement, which collectively supported the broader market rise. Market participants saw a number of notable individual moves across industries.
The top performers on the Tadawul All Share included AFG International Co (TADAWUL:4240), which jumped 9.95% - an increase of 1.40 points - to close at 15.47. Malath Cooperative Insurance Co (TADAWUL:8020) gained 9.93%, climbing 0.87 points to finish at 9.63, and Saudi Public Transport Co. (TADAWUL:4040) rose 9.92%, or 0.98 points, to end the day at 10.86.
On the downside, Theeb Rent a Car Company SJSC (TADAWUL:4261) was the weakest performer, falling 6.87% - a decline of 2.16 points - to close at 29.30. Saudi Pharmaceutical Appliances (TADAWUL:2070) slipped 6.39%, down 2.08 points to 30.46, and City Cement Co (TADAWUL:3003) lost 5.33%, or 0.71 points, finishing at 12.60.
Across the exchange, advancing issues outnumbered decliners by 208 to 135, while 23 stocks finished unchanged, underscoring a session tilted toward rising names.
Notably, shares of Theeb Rent a Car Company SJSC moved to a new all-time low on the day, dropping 6.87% to 29.30.
Commodities and currency moves during the session were mixed. Crude oil for May delivery fell 0.01% - a 0.01 decline - to trade at $102.87 a barrel. Brent oil for June delivery was unchanged at $107.39 a barrel. In metals, the June Gold Futures contract rose 1.13%, gaining 51.51 to trade at $4,609.01 a troy ounce.
On the FX front, EUR/SAR strengthened by 0.37% to 4.32, while USD/SAR was essentially flat, changing 0.02% to 3.75. The US Dollar Index Futures moved lower, down 0.36% at 100.00.
Summary of the session - the Tadawul All Share posted a modest but clear gain, supported by pockets of strength in construction-related and energy-linked sectors. Market breadth indicated more stocks rose than fell, though several individual issuers recorded sharp declines, including one that traded at an all-time low.
Investors and analysts will be watching whether the sectors that led today's gains sustain momentum in coming sessions, and how commodity and currency moves interact with corporate performance on the exchange.