3 months ago
Stock Market

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.78%

Investing.com – Saudi Arabia stocks were higher after the close on Wednesday, as gains in the Building&Construction, Telecoms&IT and Insurance

Investing.com – Saudi Arabia stocks were higher after the close on Wednesday, as gains in the Building&Construction, Telecoms&IT and Insurance sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.78%.

The best performers of the session on the Tadawul All Share were Takween Advanced Industries (SE:1201), which rose 8.92% or 0.85 points to trade at 10.38 at the close. Meanwhile, Al Sorayai Trading&Industrial Group (SE:1213) added 6.51% or 0.86 points to end at 14.08 and ALAHLI TAKAFUL COMPANY (SE:8130) was up 5.46% or 1.45 points to 28.00 in late trade.

The worst performers of the session were Abdullah A. M. Al-Khodari Sons Co (SE:1330), which fell 4.63% or 0.34 points to trade at 7.00 at the close. Ash-Sharqiyah Development Company (SE:6060) declined 2.07% or 1.05 points to end at 49.75 and Saudi Fisheries Co. (SE:6050) was down 1.83% or 0.50 points to 26.80.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 125 to 50 and 12 ended unchanged.

Crude oil for January delivery was down 0.78% or 0.40 to $51.16 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 0.75% or 0.45 to hit $59.95 a barrel, while the February Gold Futures contract fell 0.07% or 0.90 to trade at $1219.00 a troy ounce.

EUR/SAR was down 0.11% to 4.2338, while USD/SAR rose 0.02% to 3.7523.

The US Dollar Index Futures was up 0.02% at 97.303.