Market close overview
Saudi Arabian equities finished the session on Sunday with the Tadawul All Share falling 0.21% at the close. Sector-level weakness in Media & Publishing, Petrochemicals and Insurance contributed to the downward pressure on the index.
Top and bottom movers
Among individual listings, Obeikan Glass Co (TADAWUL:4145) led gains on the exchange, rising 7.54% or 1.94 points to close at 27.66. Alamar Foods CJSC (TADAWUL:6014) added 6.80% or 3.00 points to finish at 47.10, while Saudi Kayan Petrochemical Company (TADAWUL:2350) advanced 6.79% or 0.36 points to close at 5.66.
On the downside, The Saudi Investment Bank (TADAWUL:1030) was the session's weakest large-cap performer, dropping 3.21% or 0.45 points to end at 13.56. Jahez International Company for Information Systems Technology SCJSC (TADAWUL:6017) fell 3.15% or 0.44 points to 13.55, and Rabigh Refining & Petrochemical Co (TADAWUL:2380) declined 2.78% or 0.21 points to 7.34 in late trade.
Breadth and participation
Advancers outnumbered decliners on the Saudi Arabia Stock Exchange, with 213 rising issues versus 111 decliners, and 22 stocks finishing unchanged.
Commodities, rates and FX
Energy contracts posted modest gains in the session. Crude oil for April delivery was up 0.08% or 0.05 to $62.75 a barrel. Brent oil for April delivery rose 0.34% or 0.23 to $67.75 a barrel. Precious metals moved higher as well: the April Gold Futures contract climbed 1.98% or 97.90 to trade at $5,046.30 a troy ounce.
Currency crosses involving the Saudi riyal showed little movement. EUR/SAR shifted 0.02% to 4.45, while USD/SAR was unchanged at 3.75 (0.00%). The US Dollar Index Futures slipped 0.02% to 96.82.
Summary takeaways
The session was characterized by a modest index decline driven by concentrated sector weakness, even as a number of individual companies posted strong single-day gains. Commodity markets were supportive, with oil and gold registering positive moves, while FX conditions remained stable for the riyal against major currencies.
Note: The report reflects closing prices, percentage moves and counts of advancing, declining and unchanged issues as stated at the market close.