Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.33%

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.33%

## Saudi Stocks Rally as Energy and Financial Sectors Drive Tadawul Higher

The Saudi equity market started the week on a positive note, with the Tadawul All Share index registering a modest gain of 0.33% at the close of trading on Sunday. This upward momentum was largely attributed to robust activity in several key domestic segments, notably Industrial Investment, Insurance, and the broader Energy & Utilities sectors, which collectively pushed overall shares higher.

Market breadth remained firmly bullish, with 218 stocks advancing against 118 decliners, while 18 listings remained unchanged on the day.

Examining individual stock performance, Nama Chemicals Co. (TADAWUL:2210) stood out as the session’s top performer, surging by an impressive 9.98%, or 2.03 points, to settle at 22.38. Strong gains were also recorded by Saudi Paper Manufacturing Co. (TADAWUL:2300), which advanced 8.42% to close at 57.95, and Abdullah Saad Mohammed Abo Moati Stationeries Co (TADAWUL:4191), up 6.96% to 45.78.

Conversely, some high-profile companies experienced selling pressure. Kingdom Holding Company (TADAWUL:4280) finished 3.16% lower at 8.28. Similarly, Arabian Cement Co (TADAWUL:3010) declined by 2.52%. Notably, Arriyadh Development Co. (TADAWUL:4150) saw its value drop by 2.50%, settling at 23.05, marking a concerning new 52-week low for the stock.

### Commodities and Currency Stability

Shifting focus to the broader commodities complex, energy benchmarks displayed solid appreciation. The February contract for West Texas Intermediate (WTI) crude climbed 0.93%, or $0.52, reaching $56.52 a barrel. Meanwhile, Brent crude, also for February delivery, rose 1.09%, hitting $60.47 a barrel. Precious metals followed suit, as February Gold Futures contracts saw a gain of 0.52%, trading at $4,387.30 per troy ounce.

In currency markets, the Saudi Riyal (SAR) maintained its near-fixed exchange rates. The EUR/SAR pair remained almost flat, showing a marginal change of 0.11% to 4.39, while the USD/SAR was completely unchanged at 3.75. Reflecting global market sentiment, the US Dollar Index Futures traded 0.16% higher, settling at 98.25.

Beyond regional performance, investment research houses continue to drive thematic discussions. Recent reports circulating on the street include Morgan Stanley’s detailed predictions on the forces likely to define stock valuations through 2026, and a specialized analysis from WarrenAI identifying top electric vehicle (EV) infrastructure stocks with robust growth trajectories. Furthermore, legislative developments surrounding U.S. housing policy remain a key area of focus for market analysts as they track potential impacts on the real estate sector.