Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.78%

Saudi Arabia's stock market saw a decline at the close of trade on Sunday, with the Tadawul All Share index falling by 0.78%. The Financial Services, Telecoms & IT, and Cement sectors were the main contributors to the losses. Among the top gainers of the day were Naseej International Trading Company (up 10.00% to 11.44), Middle East Healthcare Company (up 9.98% to 25.24), and Consolidated Grunenfelder Saady Holding Co (up 9.93% to 7.42).

Conversely, Filling and Packing Materials Manufacturing Company (down 6.55% to 36.50), Specialized Medical Co (down 4.87% to 12.50), and Raydan Food Company (down 4.77% to 14.56) were among the worst performers. The number of stocks that rose (180) exceeded those that fell (139), and 23 stocks ended unchanged. Crude oil for December delivery dropped by 0.20% to $90.34 a barrel, while Brent oil for January delivery fell by 0.55% to $97.75 a barrel.

Gold Futures for December also declined by 0.83% to $4,079.50 per troy ounce. Currency-wise, EUR/SAR decreased by 0.69% to 4.18, and USD/SAR remained unchanged at 3.75. The US Dollar Index Futures increased by 0.74% to 102.18.