Saudi Arabia Stock Market Update

Saudi Arabia stocks declined after the close on Thursday, primarily due to losses in the Energy & Utilities, Telecoms & IT, and Retail sectors.

At the close, the Tadawul All Share index fell 1.17%, marking a new one-month low.

Best Performers

• Saudi Cable Company (TADAWUL:2110): +5.10% (+4.50 points) to 92.70
• Shatirah House Restaurant Co (TADAWUL:6016): +3.75% (+0.76 points) to 21.00
• Arabian Mills for Food Products (TADAWUL:2285): +3.08% (+1.60 points) to 53.60

Worst Performers

• Saudi Chemical Company (TADAWUL:2230): -4.94% (-0.52 points) to 10.00
• Alkhaleej Training & Education Co (TADAWUL:4290): -4.90% (-1.50 points) to 29.10
• Red Sea Housing Services Company (TADAWUL:4230): -4.84% (-3.50 points) to 68.80

Overall, falling stocks outnumbered advancing ones on the Saudi Stock Exchange by 230 to 84, with 14 remaining unchanged.

Commodity Prices

• Crude oil for December delivery: +0.56% to $68.81 per barrel
• Brent oil for January delivery: +0.57% to $72.69 per barrel
• December Gold Futures contract: -1.18% to $2,556.00 per troy ounce

Exchange Rates

• EUR/SAR: -0.27% to 3.96
• USD/SAR: unchanged at 3.76
• US Dollar Index Futures: +0.30% at 106.69