Saudi Arabia's stock market ended Tuesday's trading session in negative territory, driven by weakness in the Industrial Investment, Insurance and Real Estate Development sectors. The Tadawul All Share index closed down 0.85%, registering a new three-month low.
Among individual issues, the session's largest gains were posted by Saudi Printing & Packaging Company (TADAWUL:4270), which climbed 10.00% or 0.74 points to finish at 8.14. Raoom Trading Company SJSC (TADAWUL:4144) advanced 7.10% or 5.30 points to close at 79.90, and Leejam Sports Company SJSC (TADAWUL:1830) rose 5.56% or 3.90 points to end the day at 74.05.
On the downside, AYYAN Investment Co SJSC (TADAWUL:2140) led losses, slipping 9.99% or 1.03 points to close at 9.28. Nice One Beauty Digital Marketing (TADAWUL:4193) declined 8.43% or 1.04 points to 11.30, while Arabian Drilling Co (TADAWUL:2381) fell 5.73% or 4.95 points to finish at 81.50.
Declining issues outnumbered advancing ones on the Saudi Exchange by 249 to 83, with 15 stocks unchanged at the close.
Several stocks reached significant thresholds during the session. Shares of AYYAN Investment Co SJSC (TADAWUL:2140) moved down to five-year lows, falling 9.99% or 1.03 to 9.28. Raoom Trading Company SJSC (TADAWUL:4144) rose to 52-week highs, gaining 7.10% or 5.30 to 79.90. Nice One Beauty Digital Marketing (TADAWUL:4193) dropped to an all-time low, decreasing 8.43% or 1.04 to 11.30.
Commodities trading reflected declines on the session. Crude oil for September delivery was down 1.71% or 1.41 to $81.20 a barrel. Brent oil for October delivery fell 2.14% or 1.84 to $84.03 a barrel. The August gold futures contract was lower by 1.06% or 43.40, trading at $4,033.60 a troy ounce.
Currency movements were limited. EUR/SAR was unchanged, moving 0.02% to 4.27, while USD/SAR was unchanged, shifting 0.01% to 3.75. The US Dollar Index Futures was up 0.02% at 101.40.
Market context
The session closed with negative breadth and several notable individual moves, including multiple stocks recording multi-year or record lows and highs. The Tadawul All Share's drop to a new three-month low marked a clear downturn for the benchmark on the day.