Saudi stock markets finished the trading session lower on Sunday, with the Tadawul All Share index ending down 0.26% at the close. Sector-level weakness in Agriculture & Food, Insurance and Retail contributed to the decline.
Top gainers - On the winners list, Tabuk Agriculture Development Co (TADAWUL:6040) led the session, jumping 9.89% or 0.71 points to close at 7.89. Al Sorayai Trading & Industrial Group (TADAWUL:1213) advanced 7.93% or 2.30 points to finish at 31.30. Red Sea Housing Services Company (TADAWUL:4230) also posted notable gains, rising 5.68% or 1.42 points to trade at 26.42 in late trade.
Largest declines - The heaviest losses were concentrated in several individual names. Saudi Fisheries Co. (TADAWUL:6050) dropped 9.99% or 7.75 points to close at 69.85. East Pipes Integrated Company for Industry (TADAWUL:1321) fell 6.48% or 14.00 points to end at 202.00, while Tihama Advertising & Public Relations (TADAWUL:4070) slipped 5.28% or 0.95 points to 17.05.
Market breadth - Declining issues outnumbered advancing ones on the Saudi Arabia Stock Exchange by 197 to 125, and 22 stocks finished unchanged.
Commodities - In commodities trading, crude oil for August delivery rose 0.13% or 0.09 to $68.78 a barrel. Brent crude for September delivery gained 0.45% or 0.32 to $72.12 a barrel. Precious metals moved higher as well; the August Gold Futures contract increased 1.49% or 61.60 to trade at $4,187.30 a troy ounce.
Foreign exchange and dollars - Currency pairs showed little change during the session. EUR/SAR was recorded at 4.29 with a 0.04% move, while USD/SAR was unchanged at 3.75. The US Dollar Index Futures held steady at 100.62, showing a 0.00% change.
Conclusion - The close left the Tadawul All Share lower by 0.26% as sector-specific declines outweighed several strong individual stock performances. Market breadth favoured decliners, and key commodity prices posted modest gains during the session.
Key points
- The Tadawul All Share finished down 0.26% at the close, led by losses in Agriculture & Food, Insurance and Retail.
- Top performers included TADAWUL:6040 (+9.89%), TADAWUL:1213 (+7.93%) and TADAWUL:4230 (+5.68%); major decliners included TADAWUL:6050 (-9.99%), TADAWUL:1321 (-6.48%) and TADAWUL:4070 (-5.28%).
- Market breadth showed 197 decliners, 125 advancers and 22 unchanged, while crude, Brent and gold registered modest gains.
Risks and uncertainties
- Sector concentration of losses - Agriculture & Food, Insurance and Retail weighed on the index, creating near-term downside risk for those sectors.
- Breadth skew toward decliners - With 197 stocks falling versus 125 rising, the market exhibited uneven participation across names.
- Commodity and FX moves - Although modest, changes in crude, Brent and gold prices and small FX shifts could influence commodity-sensitive names and import/export dynamics.