Saudi Arabia's equity market closed the session in positive territory on Sunday, with sector gains in Real Estate Development, Agriculture & Food and Energy & Utilities contributing to a modest overall increase.
The Tadawul All Share index finished the day up 0.25% at the close.
Leading the winners on the exchange was Zahrat Al Waha for Trading Co (TADAWUL:3007), which climbed 7.05% or 0.17 points to finish at 2.58. Insurance specialist The Mediterranean&Gulf Insurance Co (TADAWUL:8030) recorded a 5.26% gain, adding 0.79 points to end the day at 15.82. Jahez International Company for Information Systems Technology SCJSC (TADAWUL:6017) also featured among the top performers, rising 4.68% or 0.63 points to close at 14.09.
On the downside, Abdullah Saad Mohammed Abo Moati Stationeries Co (TADAWUL:4191) was the weakest name of the session, slipping 3.55% or 1.62 points to finish at 44.00. The Company for Coop. Insurance (TADAWUL:8010) retreated 2.92% or 4.00 points to close at 133.00, while Canadian Medical Center Co (TADAWUL:4021) fell 2.69% or 0.17 points to 6.15 by the market close.
Market breadth favored advances: 203 stocks rose, 136 declined and 18 ended unchanged on the Saudi Arabia Stock Exchange.
Commodities and FX movements
In commodities trading, crude oil for March delivery was up 0.41% or 0.26 to trade at $63.55 a barrel. Brent oil for April delivery rose 0.74% or 0.50 to $68.05 a barrel. The April Gold Futures contract strengthened 1.85% or 90.30 to trade at $4,979.80 a troy ounce.
On the currency front, EUR/SAR moved higher by 0.34% to 4.43, while USD/SAR was effectively unchanged, moving 0.01% to 3.75. The US Dollar Index Futures declined 0.19% to 97.51.
Summary takeaways
- Overall market: Tadawul All Share closed up 0.25%.
- Top performers: TADAWUL:3007, TADAWUL:8030, TADAWUL:6017 posted the largest gains in the session.
- Largest decliners: TADAWUL:4191, TADAWUL:8010, TADAWUL:4021 posted the steepest declines.
- Commodities: March crude, April Brent and April gold futures all finished higher.
- Market breadth: 203 advancers, 136 decliners, 18 unchanged.
These figures reflect closing prices and intraday movements disclosed at the end of the trading session.