Saudi Arabian stocks finished the trading session higher on Tuesday, with the benchmark Tadawul All Share index adding 0.17% at the close. Markets were supported by advances in sector groups including Hotels & Tourism, Agriculture & Food and Industrial Investment.
Top performers
- MBC Group CJSC (TADAWUL:4072) led gains, climbing 9.98% or 2.90 points to finish at 31.96.
- Americana Restaurants International PLC (TADAWUL:6015) rose 9.50% or 0.17 points to close at 1.96.
- Nayifat Finance Co (TADAWUL:4081) added 6.84% or 0.80 points to end the day at 12.50.
Lagging stocks
- Consolidated Grunenfelder Saady Holding Co (TADAWUL:4147) was the session's weakest name, declining 9.96% or 0.95 points to 8.59 at the close.
- Thimar Development Holding Co (TADAWUL:4160) slipped 5.04% or 1.94 points to finish at 36.58.
- Al Kathiri Holding Co (TADAWUL:3008) fell 4.07% or 0.09 points to end at 2.12.
Market breadth was mixed. On the Saudi Arabia Stock Exchange, 170 issues advanced while 152 declined and 21 were unchanged.
Notably, Consolidated Grunenfelder Saady Holding Co (TADAWUL:4147) recorded a drop to all-time lows during the session, with the share price falling 9.96% to 8.59.
Commodities and currencies
Energy and precious metals markets registered small moves in parallel with the equity session. Crude oil for March delivery slipped 0.05% or 0.03 to trade at $64.33 a barrel. Brent oil for April delivery rose 0.13% or 0.09 to $69.13 a barrel. The April Gold Futures contract declined 0.57% or 29.00 to $5,050.40 a troy ounce.
On the currency front, EUR/SAR was effectively unchanged at 4.46, with a movement of 0.08% reported, while USD/SAR was essentially flat at 3.75, moving 0.01%. The US Dollar Index Futures was up 0.10% at 96.78.
Tuesday's session highlighted pockets of strong buying in select consumer and industrial-related names, while certain smaller capitalisation stocks experienced pronounced declines. The overall index move was modest, with commodities and key exchange rates showing only limited variation during the trading day.