Saudi Arabia's stock market finished the session higher on Sunday, with gains concentrated in the Real Estate Development, Cement and Agriculture & Food sectors pushing the overall market upward.
At the close on the Saudi Arabia exchange, the Tadawul All Share rose 1.21% and registered a new one-month high.
Top performers
- Saudi Tadawul Group Holding Co (TADAWUL:1111) led the session, climbing 9.97% or 14.60 points to close at 161.00.
- Makkah Construction & Development Co (TADAWUL:4100) increased 9.91% or 7.90 points to finish at 87.65.
- Dar Alarkan Real Estate Development (TADAWUL:4300) rose 8.32% or 1.46 points to end the day at 19.00.
Largest decliners
- East Pipes Integrated Company for Industry (TADAWUL:1321) fell 2.38% or 3.10 points to close at 126.90.
- Malath Cooperative Insurance Co (TADAWUL:8020) dropped 2.12% or 0.22 points to end at 10.15.
- Gulf General Cooperative Insurance (TADAWUL:8260) decreased 2.10% or 0.09 points to 4.19.
Market breadth favored gainers on the Saudi Arabia Stock Exchange, with rising stocks outnumbering decliners by 250 to 94, while 12 issues finished unchanged.
Commodities and futures
Crude oil for March delivery strengthened by 2.88% or 1.71, trading at $61.07 a barrel. Brent oil for April delivery climbed 2.84% or 1.82 to $65.07 a barrel. In metals trading, the April Gold Futures contract advanced 1.35% or 66.30 to trade at $5,017.00 a troy ounce.
Foreign exchange and indices
EUR/SAR moved up 0.62% to 4.44, while USD/SAR was unchanged at 3.75, showing a 0.00% change. The US Dollar Index Futures declined 0.78% to 97.40.
The day ended with the Tadawul All Share at its one-month high, supported by notable gains in specific real estate and construction names as well as positive movement across key commodity contracts.
Note - This report summarizes closing market levels, top movers and related commodity and FX prices as reported at the end of the session.