Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.66%

Saudi Arabia's stocks experienced a decline at the close of trade on Sunday, with the Tadawul All Share index dropping 0.66%. The main contributors to the decline were the Agriculture & Food, Transport, and Insurance sectors. Raoom Trading Company SJSC (TADAWUL:4144) emerged as the top gainers of the day, surging 9.95% or 7.35 points to reach 81.25 at the close.

Morabaha Marina Financing Company (TADAWUL:4082) and United Carton Industries Company (TADAWUL:1323) also performed well, both up 5.46% or 0.41 points to 7.92 and 5.42% or 1.52 points to 29.54 respectively. On the downside, Herfy Food Services Co (TADAWUL:6002) suffered the steepest losses, falling 4.22% or 0.57 points to 12.95, while Alwasail Industrial Co (TADAWUL:4148) and Allied Cooperative Insurance Group SJSC (TADAWUL:8150) dropped 4.18% or 0.11 points to 2.52 and 3.89% or 0.25 points to 6.17 respectively.

Falling equities outnumbered advancing ones on the Saudi Arabia Stock Exchange by a ratio of 235 to 85, with 18 stocks closing unchanged. The January crude oil futures were up 0.20% or 0.18 to $87.29 a barrel, while Brent oil for the same delivery period gained 0.32% or 0.31 to $96.13 a barrel. December Gold Futures also climbed 0.06% or 2.30 to $3,887.60 a troy ounce.

The EUR/SAR currency pair saw a 0.30% decrease to 4.14, and the USD/SAR remained flat at 3.75. The US Dollar Index Futures ticked up by 0.23% to 103.33.