Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.15%

Saudi Arabian stocks closed lower on Sunday, with the Tadawul All Share declining 0.15% to record a six-month low. The decline was driven by losses in several sectors, including Media & Publishing, Transport, and Agriculture & Food. Despite the overall downward trend, some stocks managed to outperform the market. Saudi Industrial Development Co. experienced the highest gains, rising 9.97% to close at 16.33.

Amlak International Finance Company and Arab Sea Information Systems Co also had positive performances. However, the worst-performing stocks included the Arab National Bank, Saudi Research and Marketing Group, and Theeb Rent a Car Company, all of which fell by more than 3%. On the day, more stocks fell than rose, with 180 stocks decreasing and 144 advancing.

Twenty-two stocks remained unchanged. Shares of Saudi Research and Marketing Group hit their 5-year lows, falling 3.02% to 51.30, and Theeb Rent a Car Company reached all-time lows, dropping 3.00% to 18.43. Crude oil prices for November delivery increased by 0.19% to $91.66 per barrel, while Brent oil for December delivery fell 0.29% to $104.42.

Gold Futures for December rose 1.52% to $4,220.30 per troy ounce. Currency markets showed minimal movement, with EUR/SAR and USD/SAR remaining unchanged at 4.21 and 3.76, respectively, and the US Dollar Index Futures rising by 0.01% to 102.03.