Saudi Arabia's equity market closed higher on Monday, with the Tadawul All Share index rising 0.82% to reach a new one-month high. Gains were driven primarily by moves in the Energy & Utilities, Petrochemicals and Cement sectors, which outperformed at the session's end.
The session's top performers included Saleh Abdulaziz Al Rashed And Sons (TADAWUL:1324), which surged 9.98% or 6.10 points to finish at 67.20. Saudi Public Transport Co. (TADAWUL:4040) rose 9.90% or 0.89 points to close at 9.88, while Raoom Trading Company SJSC (TADAWUL:4144) gained 7.73% or 5.15 points to end the day at 71.75.
On the downside, Bawan (TADAWUL:1302) registered the steepest drop, falling 7.98% or 4.06 points to 46.84 at the close. Maharah for Human Resources (TADAWUL:1831) declined 4.13% or 0.25 points to 5.81, and Alkhaleej Training & Education Co (TADAWUL:4290) slipped 3.77% or 0.63 points to finish at 16.06.
Market breadth was narrowly positive. Rising issues outnumbered decliners by 180 to 164, while 15 shares finished unchanged. The session included notable corporate-level records: shares of Saleh Abdulaziz Al Rashed And Sons moved to an all-time high following the near 10% advance, and shares of Alkhaleej Training & Education Co fell to three-year lows after the decline.
Commodities trading showed further upward pressure on prices. Crude oil for May delivery advanced 1.18% or 1.18 to trade at $100.82 a barrel. Brent oil for June delivery increased 1.83% or 1.93 to $107.25 a barrel. Precious metals also moved up, with the June Gold Futures contract rising 1.67% or 75.45 to settle at $4,599.75 a troy ounce.
In currency markets, the euro to Saudi riyal exchange rate (EUR/SAR) declined 0.16% to 4.31. The U.S. dollar to Saudi riyal cross (USD/SAR) was effectively unchanged, moving 0.01% to 3.75. The U.S. Dollar Index Futures ticked higher by 0.15% to 100.13.
This trading day saw concentrated gains in sectors linked to energy and infrastructure, while select service and training names experienced losses and fresh lows. The overall market move left the Tadawul All Share at a monthly peak as commodities and selected equities supported the advance.