Saudi Arabia’s Tadawul All Share Index rose 0.28% on Sunday, fueled by surges in real estate and insurance stocks. Top performers included Buruj Cooperative Insurance, up nearly 10%, while Arriyadh Development reached 5-year highs.
Energy and Real Estate Sectors Lead Gains
After the market closed on Sunday, Saudi Arabian equities rose, with gains seen in the energy and utilities, real estate development, and insurance sectors driving the market higher.
At the close of business in Saudi Arabia, the Tadawul All Share experienced a gain of 0.28%, Investing.com reports.
At the end of the trading day on the Tadawul All Share, BURUJ COOPERATIVE INSURANCE CO had the greatest performance, rising 9.96%, or 1.82 points, to trade at 20.10. Wataniya Insurance Company rose 8.00%, or 1.72 points, to 23.22 in late trade, while Arriyadh Development Co. gained 9.34%, or 2.95 points, to finish at 34.55.
Losses Persist in Key Companies
Trading at 0.48 at session's end, Al Baha Investment and Development Company SJSC was the session's poorest performance, falling 4.00%, or 0.02 points. With an end price of 99.20%, Saudi Cable Company fell 2.94%, or 3.00 points, while Almarai Company fell 2.46%, or 1.40 points, to 55.50.
There were 182 rising stocks and 121 falling stocks on the Saudi Arabia Stock Exchange at the end of trading, with 28 stocks remaining constant.
Arriyadh Development Hits 5-Year High
Gaining 9.34%, or 2.95 percent, to 34.55 percent, Arriyadh Development Co. shares reached 5-year highs.
February delivery crude oil prices increased 0.92 percent, or 0.64 cents, to $70.26 per barrel. Aside from that, in the commodities market, March Brent oil at $73.79 per barrel remained constant at 0.00%, and the February gold futures contract at $2,636.50 per troy ounce declined 0.66 percent, or 17.40 dollars.
The EUR/SAR exchange rate increased by 0.26% to 3.91, while the USD/SAR exchange rate remained constant at 3.75.
The US Dollar Index Futures reached 107.79, representing a decrease of 0.09%.


Gordie Howe Bridge to Open July 27 After U.S.-Canada Reach Toll Revenue Agreement
Asia Stocks Slip as Iran-Hormuz Tensions Lift Oil Prices, Dollar and Bond Yields
Asian Stocks Slide as Oil Surge, U.S.-Iran Tensions and Fed Rate Bets Weigh on Markets
Dollar Holds Steady Ahead of U.S. CPI as Oil Surge, Middle East Tensions Keep Markets on Edge
European Stocks Slip as Middle East Tensions and Hormuz Threat Rattle Markets
Iraq PM Visits Washington as U.S. Oil, Gas Deals Take Center Stage
Fed Reaffirms 2% Inflation Goal, Vows Forceful Action to Anchor Price Expectations
US Stock Futures Slide as Iran Conflict Escalates Ahead of Key Q2 Earnings Week
South Korea’s KOSPI Triggers Trading Curb as AI Chip Stock Selloff Deepens
Australian Business Conditions Hold Steady as Easing Cost Pressures Face New Oil Price Risks
Oil Prices Surge as U.S.-Iran Conflict Escalates and Strait of Hormuz Risks Grow
Dollar Rises as Middle East Conflict Fuels Inflation and Rate Hike Fears
Japanese Yen Holds Steady as Intervention Hopes Grow Ahead of U.S. CPI Data
EU Weighs New Trade Restrictions on Israeli West Bank Settlements
US-Iran Strikes Escalate as Strait of Hormuz Crisis Pushes Oil Prices Higher
Dollar Eases as Middle East Conflict, Fed Outlook and Japan Pension Policy Drive FX Markets 



