Saudi Arabia's stock market finished the trading session lower on Thursday, with the Tadawul All Share ending the day down 0.42% as sector-level losses outweighed gains among select issues.
Market breadth and headline movers
Declines in the Media & Publishing, Insurance and Energy & Utilities sectors were among the main contributors to the pullback. At the close, more shares fell than rose on the Saudi Exchange, with 180 losers compared with 127 gainers, and 33 stocks finishing unchanged.
At the top of the leaderboard, Middle East Specialized Cables Co (TADAWUL:2370) led gains, jumping 9.95% or 2.92 points to close at 32.28. Saudi Aramco Base Oil Company JSC (TADAWUL:2223) added 3.89% or 5.00 points to finish at 133.50, while Middle East Pharmaceutical (TADAWUL:4016) rose 2.69% or 1.65 points to end at 63.00.
On the downside, Rasan Information Technology (TADAWUL:8313) was the heaviest decliner after plunging 10.00% or 15.00 points to 135.00 at the close. Saudi Printing & Packaging Company (TADAWUL:4270) fell 7.08% or 0.50 points to 6.56, and Arabian Company for Agricultural and Industrial Investment SCJSC (TADAWUL:2287) lost 6.10% or 1.56 points to close at 24.00.
Notable extremes and commodity backdrop
Shares of Saudi Aramco Base Oil Company JSC reached 52-week highs as they climbed 3.89% to 133.50. Commodity markets showed modest gains: crude oil for August delivery rose 0.65% or 0.48 to $74.00 per barrel, Brent for September delivery increased 0.90% or 0.70 to $78.72 per barrel, and the August Gold Futures contract advanced 0.98% or 39.92 to trade at $4,122.32 a troy ounce.
Currency and futures indicators
Foreign-exchange quotes were largely steady. EUR/SAR was unchanged, at 4.29, while USD/SAR was unchanged at 3.75. The US Dollar Index Futures showed a small uptick, trading 0.02% higher at 100.78.
What the session shows
The session combined sector weakness with pronounced moves in single names: a handful of stocks posted double-digit percentage gains and losses, while the broader index ended lower. The balance between advancing and declining issues suggests the market-wide downside was broad-based enough to tip the Tadawul into negative territory despite notable winners.
Data cited in this report reflect end-of-day market levels and commodity and currency prices as reported for the trading session.