Saudi Arabia's equity market finished the trading day with modest gains, as targeted sector strength pushed the benchmark higher. The Tadawul All Share increased 0.27% by the close, reflecting advances across Energy & Utilities, Telecoms & IT and Cement stocks.
Among individual issues, LIVA Insurance Co (TADAWUL:8280) recorded the largest percentage advance for the session, climbing 9.97% or 1.06 points to end at 11.69. Saudi Cable Company (TADAWUL:2110) also delivered a strong performance, rising 9.43% or 15.60 points to close at 181.00. Kingdom Holding Company (TADAWUL:4280) gained 6.03% or 0.82 points to finish at 14.42 in late trade.
On the downside, National Medical Care Company (TADAWUL:4005) led losses, dropping 2.88% or 3.00 points to close at 101.00. Rabigh Refining & Petrochemical Co (TADAWUL:2380) slipped 2.86% or 0.41 points to end the session at 13.94, while ARTEX Industrial Investment Co (TADAWUL:2340) fell 2.77% or 0.31 points to 10.89.
Market breadth was narrowly positive, with 168 stocks advancing against 162 decliners and 24 securities finishing unchanged on the Saudi Arabia Stock Exchange. Notably, shares of Saudi Cable Company reached a five-year high as they closed at 181.00.
Commodities trading showed mixed moves. Crude oil for July delivery rose 0.94% or 0.85 to $90.88 a barrel. Brent oil for August delivery increased 0.72% or 0.67 to $93.77 a barrel. By contrast, the August Gold Futures contract declined 0.98% or 40.60 to trade at $4,092.70 a troy ounce.
Foreign exchange rates and the dollar futures also registered small moves. The EUR/SAR rate was unchanged at 4.33, while USD/SAR was effectively unchanged at 3.75. The US Dollar Index Futures was up 0.20% at 100.13.
Summary of session metrics and notable movers is based on closing prices and the trading session's reported figures. Where listed, percentage and point changes reflect the final quoted values at the close of trade.