Saudi Arabia's equity market finished modestly lower on Monday, with the Tadawul All Share ending the day down 0.11% as several key sectors dragged the benchmark into negative territory.
Sectors cited as primary contributors to the decline included Transport, Agriculture & Food and Hotels & Tourism. Overall market participation skewed toward sellers: 236 issues fell versus 92 that advanced, while 18 stocks closed unchanged.
Top performers
- Tabuk Agriculture Development Co (TADAWUL:6040) led the gainers, rising 5.69% - up 0.33 points to finish at 6.13.
- Saudi Chemical Company (TADAWUL:2230) added 4.15% - a 0.34-point increase to close at 8.53.
- East Pipes Integrated Company for Industry (TADAWUL:1321) rose 3.73% - gaining 6.90 points to trade at 191.80 at the close.
Largest declines
- AFG International Co (TADAWUL:4240) was the session's weakest name, dropping 7.71% or 1.08 points to end at 12.92. The share price moved to a 52-week low.
- Perfect Presentation for Commercial Services Company PJSC (TADAWUL:7204) fell 6.24% or 0.43 points to finish at 6.46.
- Thimar Development Holding Co (TADAWUL:4160) declined 5.63% or 1.84 points to close at 30.86, marking a five-year low for the stock.
Breadth and notable stock levels
Decliners outpaced advancers by a margin of more than two to one, reflecting broad weakness despite the session's leaders. Two companies recorded notable low points: shares of AFG International reached 52-week lows, while Thimar Development fell to five-year lows.
Commodities and currency moves
Commodity markets were mixed. Crude oil for July delivery fell 1.71% - down 1.73 to $99.29 a barrel. Brent for July delivery slipped 1.45% - down 1.58 to $107.68 a barrel. In metals, the June Gold Futures contract rose 0.25% - gaining 11.44 to trade at $4,573.34 per troy ounce.
On currency measures, the euro per Saudi riyal (EUR/SAR) was quoted up 0.26% at 4.37, while the U.S. dollar against the Saudi riyal (USD/SAR) showed negligible movement - unchanged at 3.75. The U.S. Dollar Index Futures was lower by 0.29% at 98.92.
Market context and takeaways
Monday's session saw modest index weakness driven by sector-level selling in transport, agriculture & food and tourism-related names, even as several individual stocks produced double-digit percentage moves on a relative basis. The contrast between the day's top gainers and the deepest decliners underscores uneven performance across industries and capitalizations.
Market participants will likely watch whether the softening in crude futures and the weaker U.S. dollar futures continue to influence sector flows in coming sessions.