Saudi Arabia’s benchmark Tadawul All Share index declined 0.28% at the close on Monday, as losses in construction, insurance and cement shares outweighed gains elsewhere.
Declining issues outnumbered advancers by 224 to 119, with 15 stocks unchanged. The broad-based retreat capped a session marked by mixed performance across sectors.
Among the top gainers, Middle East Specialized Cables Co led with an 8.66% rise to SAR35.40, setting a 52-week high. East Pipes Integrated Company for Industry advanced 5.36% to SAR196.70, while Saudi Cable Company gained 4.74% to SAR183.50.
The heaviest losses were concentrated in smaller industrial names. Al Sorayai Trading & Industrial Group fell 9.98% to SAR17.68, Umm Al Qura for Development and Construction dropped 4.85% to SAR17.08, and Saudi Tadawul Group Holding Co shed 4.55% to SAR130.00.
Commodity markets showed divergent moves. October crude oil futures rose 3.07% to $85.96 per barrel, while December Brent crude climbed 5.24% to $90.63. December gold futures, however, fell 0.86% to $4,491.16 per troy ounce.
The Saudi riyal held steady against the euro and dollar, with EUR/SAR and USD/SAR little changed. The U.S. Dollar Index futures declined 0.12% to 99.54.
