Saudi Stocks Close Higher as Tadawul All Share Index Advances 1.69%
Broad gains across key sectors drive the Saudi equity market to a stronger finish on Thursday
Saudi Arabia’s equities climbed at the end of trading on Thursday, with the benchmark Tadawul All Share Index rising 1.69 per cent to reach a fresh one-month high.
The advance was supported by broad-based gains across major sectors, including insurance, energy and financial services as investor sentiment improved amid positive market dynamics.
Among the top performers of the session, Middle East Healthcare Company led with a double-digit increase, while Bupa Arabia for Cooperative Insurance and Derayah Financial Company also posted significant gains, reflecting strong appetite in both healthcare and financial stocks.
Conversely, a handful of firms such as Advanced Building Industries and Aldrees Petroleum & Transport Services saw modest declines, underscoring mixed performance at the individual stock level.
Market breadth was positive, with advancing issues outnumbering decliners by a considerable margin, indicating broad participation in the rally.
Despite pressure on global commodities, crude oil prices dipped modestly during the session, yet this did not materially dampen equity momentum.
The Tadawul’s performance adds to recent resilience in Saudi capital markets, which have shown periods of recovery and investor interest amid regional and global economic conditions.