Saudi Arabia Market Wrap

Saudi Arabian equities ended lower on Sunday, with weakness across the Energy & Utilities, Retail, and Transport sectors weighing on overall market sentiment. The Tadawul All Share Index (TASI) declined 0.23%, closing at its lowest level in the past three months. Top Performers: Buying interest was seen in select insurance and consumer stocks, with Mutakamela Insurance Co. (+9.94%), Saudi Fisheries Co. (+9.92%), and Salama Cooperative Insurance Co. (+9.90%) emerging as the session's strongest gainers. Top Decliners: Al Mawarid Manpower Company (-4.00%) led the losses, followed by Arabian Mills for Food Products (-3.58%) and ACWA Power (-2.97%), reflecting continued selling pressure in select large-cap counters. Market Breadth: Market sentiment remained negative, as 206 stocks declined, 118 advanced, while 24 stocks closed unchanged, indicating broad-based weakness across the exchange. Investment in securities market are subject to market risks. Read all the related documents carefully before investing