Saudi Arabia's equities finished the session in negative territory on Thursday, as losses across several sector groups pushed the benchmark lower.
At the close, the Tadawul All Share registered a decline of 0.67%.
Top gainers
- Al Sorayai Trading & Industrial Group (TADAWUL:1213) led advances, rising 9.94% - an increase of 2.30 points to close at 25.44.
- Sahara International Petrochemical Company SJSC (TADAWUL:2310) added 4.78% or 0.67 points to finish at 14.70.
- First Milling Company SJSC (TADAWUL:2283) climbed 4.35%, gaining 2.25 points to end the day at 54.00.
Largest declines
- Development Works Food Co (TADAWUL:6013) posted the steepest fall, down 5.46% or 5.50 points to close at 95.20.
- Saudi Arabia Refineries Co. (TADAWUL:2030) fell 5.14%, slipping 2.52 points to end at 46.52.
- Dar Alarkan Real Estate Development (TADAWUL:4300) retreated 5.09% or 0.94 points to finish at 17.54.
Market breadth was negative at the sessions end, with falling issues outnumbering advancing ones by 230 to 98. An additional 24 stocks finished unchanged.
Commodities and currencies
- Crude oil for August delivery declined 1.24% or $0.87 to settle at $69.47 a barrel.
- Brent oil for September delivery was down 0.96% or $0.71 to $73.16 a barrel.
- The August Gold Futures contract rose 0.31% or $12.50, trading at $4,021.30 a troy ounce.
On the currency front, EUR/SAR was effectively unchanged, moving 0.02% to 4.26, while USD/SAR was unchanged at 3.76, a 0.03% move. The US Dollar Index Futures was down 0.08% at 101.31.
Thursday's session left the Tadawul lower on the day with mixed outcomes among individual large movers, and modest shifts in major commodity and currency indicators.