2 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 Sunday, as gains in the Financial Services, Cement and

Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the Financial Services, Cement and Insurance sectors led shares higher.

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

The best performers of the session on the Tadawul All Share were Red Sea Housing Services Company (SE:4230), which rose 8.05% or 1.20 points to trade at 16.10 at the close. Meanwhile, Saudi Advanced Industries Co. (SE:2120) added 4.76% or 0.60 points to end at 13.20 and Ash-Sharqiyah Development Company (SE:6060) was up 3.69% or 1.90 points to 53.40 in late trade.

The worst performers of the session were Saudi Enaya Cooperative Insurance (SE:8311), which fell 4.81% or 1.06 points to trade at 20.98 at the close. Saudi Chemical Company (SE:2230) declined 1.28% or 0.40 points to end at 30.90 and Eastern Province Cement Co. (SE:3080) was down 1.05% or 0.22 points to 20.78.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 152 to 27 and 12 ended unchanged.

Crude oil for February delivery was up 1.14% or 0.51 to $45.12 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.57% or 0.30 to hit $53.03 a barrel, while the February Gold Futures contract rose 0.17% or 2.20 to trade at $1283.30 a troy ounce.

EUR/SAR was up 0.05% to 4.2921, while USD/SAR rose 0.01% to 3.7516.

The US Dollar Index Futures was down 0.08% at 95.920.