Saudi Arabian equities ended trading higher on Sunday, with the Tadawul All Share Index recording a gain of 0.33 per cent as investor sentiment improved across several key sectors.

The rise was supported by notable advances in the Industrial Investment, Insurance and Energy & Utilities sectors, reflecting broader optimism in domestic markets following steadier oil prices and positive regional cues.

Nama Chemicals Company led the session’s gainers with a near ten per cent uplift, while Saudi Paper Manufacturing and Abdullah Saad Mohammed Abo Moati Stationeries also delivered strong performances, lifting the overall market.

Despite the overall upward movement, some stocks closed lower, with Kingdom Holding Company, Arabian Cement and Arriyadh Development among the session’s notable decliners.

The broader market saw advancing stocks outnumber decliners by a margin of 218 to 118, with 18 shares ending unchanged.

Trading activity reflected a cautiously positive mood among investors, who have been monitoring global economic signals, crude oil dynamics and local economic indicators in recent sessions.

International oil benchmarks also strengthened during the session, with U.S. crude for February delivery rising nearly one per cent and Brent crude posting gains above sixty dollars a barrel.

Gold futures moved higher as well, while foreign exchange markets remained relatively stable with minor fluctuations in key currency pairs.

Market observers note that the modest rally in Saudi stocks aligns with broader Gulf market trends, where equities have recently benefited from a combination of stronger oil prices and increased bets on future interest rate cuts by the United States Federal Reserve.