Saudi Arabian equities ended Monday's session with a small decline, driven by weakness across several sector groups. At the close, the Tadawul All Share index recorded a 0.08% loss.
Sector-level pressure came from the Agriculture & Food, Transport and Industrial Investment areas, which collectively helped push the market lower during the trading day.
Leading gains on the Tadawul All Share were recorded by:
- Saudi Printing & Packaging Company (TADAWUL:4270) - up 5.80% or 0.45 points, closing at 8.21.
- Tourism Enterprise Co. (TADAWUL:4170) - up 5.57% or 0.78 points, finishing at 14.78.
- Banan Real Estate Company SJSC (TADAWUL:4324) - up 5.22% or 0.18 points, ending at 3.63.
On the downside, the session's largest decliners included:
- CHUBB Arabia Cooperative Insurance (TADAWUL:8240) - down 4.19% or 0.80 points to 18.29 at the close.
- First Milling Company SJSC (TADAWUL:2283) - down 4.00% or 2.25 points, closing at 54.05.
- Emaar The Economic City (TADAWUL:4220) - down 3.77% or 0.41 points to 10.47.
Market breadth favored decliners: 195 stocks fell, 131 advanced and 24 finished unchanged on the Saudi Arabia Stock Exchange.
Commodities showed mixed moves. Crude oil for May delivery slipped 0.87%, down $0.97 to $110.57 a barrel. Brent crude for June delivery declined 0.34%, or $0.37, to $108.66 a barrel. Precious metals ticked higher, with the June Gold Futures contract rising 0.49% or $23.10 to trade at $4,702.80 per troy ounce.
In currency markets, EUR/SAR rose 0.31% to 4.34, while USD/SAR was essentially unchanged, moving 0.01% to 3.75. The US Dollar Index Futures eased 0.12% to 99.74.
This session closed with a marginal overall decline for the Tadawul All Share and mixed performances across individual names and asset classes.