Saudi Stocks Surge as Tadawul All Share Index Hits 1.09%

Saudi Arabia's stock market saw gains on Sunday, driven by increases in key sectors such as agriculture and food, cement, and media and publishing.

The Tadawul All Share index rose 1.09% at the close of trade.

Raydan Food Company SJSC led the way with a 9.97% increase, followed closely by Abdullah Saad Mohammed Abo Moati for Bookstores Company SJSC and Armah Sports Co SCJSC, which saw gains of 7.69% and 6.69%, respectively.

Not all sectors fared as well, however: Saudi Enaya Cooperative Insurance fell 3.94%, while Saudi Aramco Base Oil Company JSC declined by 2.58% and Al Moammar Information Systems Company SJSC dropped 1.80%.