Saudi Arabia's equity market finished modestly higher on Thursday, with the Tadawul All Share rising 0.06% at the close. Gains were concentrated in Transport, Hotels & Tourism and Cement stocks, which provided the primary upward momentum for the session.
Top and bottom movers
The standout performer of the day was LIVA Insurance Co (TADAWUL:8280), which climbed 7.14% - a 0.88 point increase - to end trading at 13.20. Food producer Almunajem Foods Company SJSC (TADAWUL:4162) added 4.68%, up 2.95 points to close at 66.00. Technology and systems supplier Al Moammar Information Systems Co CJSC (TADAWUL:7200) rose 3.99% - an increase of 8.20 points - finishing the session at 213.80; the stock reached an all-time high during the session.
On the downside, Al Etihad Cooperative Insurance Co SJSC (TADAWUL:8170) led losses after falling 3.06% - down 0.20 points - to close at 6.33. Kingdom Holding Company (TADAWUL:4280) declined 2.90%, a 0.38 point drop to 12.72, while Thimar Development Holding Co (TADAWUL:4160) slipped 2.83% or 0.98 points to finish at 33.62.
Market breadth and context
Declining stocks outnumbered advancers on the Saudi Exchange, with 158 issues down against 151 that advanced; 31 shares finished unchanged. That divergence in breadth left the headline index only fractionally higher despite several significant individual gains.
Commodities and currency moves
Commodity prices moved lower during the session. Crude oil for July delivery fell 2.02%, down $1.55 to $75.24 a barrel. Brent for August delivery lost 1.27%, sliding $1.01 to $78.54 a barrel. Precious metals also retreated, with the August Gold Futures contract dropping 2.71% - a decline of $118.56 - to trade at $4,262.84 a troy ounce.
In currency trading, the euro-denominated rial pair (EUR/SAR) was down 0.28% at 4.30, while the US dollar-pegged Saudi riyal (USD/SAR) was effectively unchanged, moving 0.01% to 3.75. The US Dollar Index Futures strengthened 0.63% to 100.50.
Investor signals
The session illustrated a market where sector leadership was limited to a few pockets of strength - notably Transport, Hotels & Tourism and Cement - while broader participation was weak. Individual stock-level volatility was more pronounced than the headline move, with several large percentage swings among mid-cap and small-cap names.
ProPicks mention
The trading day also included a reference to AI-driven stock selection tools evaluating the outlook for ticker 8170, noting the service assesses thousands of companies monthly using a broad set of financial metrics. The article did not provide an endorsement or further detail about model outputs for that ticker.