3 months ago
Stock Market

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.59%

Investing.com – Saudi Arabia stocks were higher after the close on Tuesday, as gains in the Media&Publishing, Petrochemicals and Industrial

Investing.com – Saudi Arabia stocks were higher after the close on Tuesday, as gains in the Media&Publishing, Petrochemicals and Industrial Investment sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.59%.

The best performers of the session on the Tadawul All Share were Ash-Sharqiyah Development Company (SE:6060), which rose 9.96% or 4.60 points to trade at 50.80 at the close. Meanwhile, Saudi Cable Company (SE:2110) added 9.94% or 3.35 points to end at 37.05 and Saudi Industrial Export Co (SE:4140) was up 9.94% or 7.80 points to 86.30 in late trade.

The worst performers of the session were Al Baha Investment and Development Company SJSC (SE:4130), which fell 3.52% or 0.76 points to trade at 20.84 at the close. Bawan (SE:1302) declined 2.24% or 0.30 points to end at 13.10 and Southern Province Cement Co. (SE:3050) was down 1.06% or 0.40 points to 37.30.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 136 to 43 and 7 ended unchanged.

Crude oil for January delivery was down 0.64% or 0.33 to $51.30 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 0.48% or 0.29 to hit $60.27 a barrel, while the February Gold Futures contract rose 0.11% or 1.40 to trade at $1230.10 a troy ounce.

EUR/SAR was up 0.01% to 4.2500, while USD/SAR fell 0.00% to 3.7521.

The US Dollar Index Futures was up 0.05% at 97.028.