
Saudi Arabia Stocks Close Lower; Tadawul All Share Declines 0.83%
Saudi Arabia’s stock market experienced a decline after trading closed on Sunday, driven by losses across various sectors.
At the end of the session, the main index dropped by 0.83%.
Among the top performers was Bindawood Holding Co, which saw a rise of 6.01%, adding 0.45 points to reach 7.94. Thimar Development Holding Co followed closely, increasing by 5.71%, or 2.80 points, to finish at 51.80. Americana Restaurants also performed well, climbing 5.30%, or 0.14 points, to close at 2.78.
In contrast, the biggest losers included Dallah Healthcare Holding Company, which fell by 4.98%, or 8.40 points, to settle at 160.40. Halwani Bros dropped 4.97%, losing 3.40 points to end at 65.00, while Astra Industrial Group experienced a decline of 3.10%, or 5.40 points, to finish at 168.60.
Overall, there were more declining stocks than gaining ones on the Saudi Stock Exchange, with 166 decliners compared to 120 advancers, and 26 stocks remained unchanged.
In the commodities market, crude oil for November delivery rose by 1.43%, reaching $68.64 per barrel. Meanwhile, Brent oil for December delivery increased by 0.63%, reaching $71.54 per barrel. In contrast, December Gold Futures fell by 0.52%, trading at $2,680.80 per troy ounce.
In currency exchanges, the EUR/SAR remained steady at 4.19, while the USD/SAR was virtually unchanged at 3.75. The US Dollar Index Futures decreased by 0.14%, settling at 100.11.