Saudi Arabia’s benchmark Tadawul All Share Index fell 0.20% at the close of trade on Thursday, extending losses from the prior session as financial services, media and publishing, and insurance sectors weighed on sentiment.
Advancing issues outnumbered decliners by a margin of 176 to 156, with 19 stocks unchanged. The index’s modest retreat followed gains in regional energy benchmarks, which provided limited support.
Among individual movers, Al Sorayai Trading & Industrial Group led gains with a 9.98% rise to SAR17.86, while Saudi Enaya Cooperative Insurance and Nice One Beauty Digital Marketing added 5.55% and 5.40%, respectively. On the downside, Al Kathiri Holding, Allied Cooperative Insurance Group, and Methanol Chemicals Company fell 3.94%, 3.77%, and 2.81%.
Commodity markets showed mixed signals. October crude oil futures rose 0.26% to $82.44 per barrel, while Brent crude for November delivery climbed 0.44% to $87.32. December gold futures, however, eased 0.26% to $4,641.09 per troy ounce. The Saudi riyal held steady against the U.S. dollar at 3.75, while the euro traded at SAR4.37, both largely unchanged from the previous session. The U.S. Dollar Index edged up 0.06% to 99.15.
