Saudi Stocks End Modestly Higher as Hotels, Food and Industrial Investment Sectors Lead

Saudi Arabia's equities closed modestly higher on Tuesday, with the Tadawul All Share rising 0.17%. Strength in the Hotels & Tourism, Agriculture & Food and Industrial Investment sectors underpinned the advance, while individual large swings among mid- and small-cap names produced a mixed breadth reading. Commodities and currency benchmarks showed small moves during the session.

Key Points

Tadawul All Share closed up 0.17% on Tuesday, led by gains in Hotels & Tourism, Agriculture & Food and Industrial Investment sectors.
Top gainers included MBC Group CJSC (+9.98% to 31.96), Americana Restaurants International (+9.50% to 1.96) and Nayifat Finance (+6.84% to 12.50); biggest decliners were Consolidated Grunenfelder Saady Holding (-9.96% to 8.59), Thimar Development (-5.04% to 36.58) and Al Kathiri Holding (-4.07% to 2.12).
Market breadth was mixed with 170 advancers, 152 decliners and 21 unchanged; commodity and currency benchmarks moved only modestly during the session.

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.

Risks

Significant single-stock volatility, illustrated by Consolidated Grunenfelder Saady Holding falling to all-time lows, creates uncertainty for investors in small- and mid-cap segments.
Price swings in commodities such as crude and Brent oil and in gold quotations introduce potential volatility to market sentiment and sector performance.
A narrow overall index gain despite notable individual moves suggests limited broad market momentum, which could make sector rotation and stock selection more consequential for returns.

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Key Points

Risks

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