Summary
Saudi Arabia's stock market closed lower on Tuesday, with the Tadawul All Share index down 0.19% at the end of trading. The session was led lower by declines in the Cement, Real Estate Development and Industrial Investment sectors, while a handful of individual stocks recorded sharp gains.
Session highlights
- At the close, the Tadawul All Share declined 0.19%.
- Advancers were outnumbered by decliners on the Saudi bourse, with 182 stocks falling, 155 rising and 17 finishing unchanged.
Top performers
- BAAN Holding Group Company SJSC (TADAWUL:1820) led gains, rising 9.89% - an increase of 0.18 points to finish at 2.00.
- Middle East Healthcare Co CJSC (TADAWUL:4009) added 4.73% or 1.82 points, closing at 40.32.
- SHL Financing Company SJSC (TADAWUL:1183) was up 4.13%, a rise of 0.62 points to 15.63 at the close.
Largest decliners
- SABIC AgriNutrients Co (TADAWUL:2020) fell 3.85%, losing 6.00 points to end the session at 150.00.
- Methanol Chemicals Company (TADAWUL:2001) declined 3.45% or 0.30 points to trade at 8.40.
- Nice One Beauty Digital Marketing (TADAWUL:4193) slipped 2.87%, down 0.44 points to close at 14.88.
Commodities and FX
In commodities, crude oil for June delivery rose 0.19% (up 0.17) to $87.59 a barrel, while Brent oil for June delivery edged down 0.02% (down 0.02) to $95.46 a barrel. The June Gold Futures contract fell 0.64% (down 30.84) to trade at $4,797.96 a troy ounce.
On the currency front, EUR/SAR moved down 0.26% to 4.41. USD/SAR was effectively unchanged, recording a 0.02% move to 3.75. The US Dollar Index Futures finished the session up 0.18% at 98.08.
Market context and note
Tuesday's session showed a modest overall decline for the Tadawul All Share, with sector-level pressure concentrated in Cement, Real Estate Development and Industrial Investment. Despite the index's dip, several individual issues posted strong percentage gains at the close.