Saudi Arabia Stock Market Summary

Investing.com – Saudi Arabia stocks experienced a decline after Tuesday's close, primarily driven by losses in the Insurance, Agriculture & Food, and Industrial Investment sectors.

At the close, the Tadawul All Share fell by 1.22%.

Best Performers

The standout performers on the Tadawul All Share included:
– Savola Group (TADAWUL:2050): Up 9.89% (2.75 points) to 30.55 at close.
– Arriyadh Development Co. (TADAWUL:4150): Increased by 3.92% (1.15 points) to 30.50.
– Bawan (TADAWUL:1302): Rose 3.84% (2.00 points) to 54.10 in late trading.

Worst Performers

The declining stocks included:
– Almarai Company (TADAWUL:2280): Down 4.27% (2.60 points) to 58.30.
– Jahez International Company for Information Systems Technology SCJSC (TADAWUL:6017): Fell 4.23% (1.35 points) to 30.55.
– United Int Transportation Company (TADAWUL:4260): Decreased by 3.71% (2.90 points) to 75.20.

In total, falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 243 to 75, with 18 ending unchanged.

Notable Highlights

Shares of Arriyadh Development Co. reached a 3-year high, while Bawan shares hit a 5-year high.

Commodity Prices

Crude oil for January delivery fell by 1.67% (1.18 points) to $69.53 per barrel. Similarly, Brent oil for February fell 0.99% (0.73 points) to $73.18 per barrel. February Gold Futures declined 0.48% (12.71 points) to trade at $2,657.29 per troy ounce.

Currency Exchange Rates

• EUR/SAR was down 0.17% to 3.94.
• USD/SAR remained unchanged at 3.76.
• US Dollar Index Futures rose by 0.10% to 106.67.