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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.14% – Saudi Arabia stocks were higher after the close on Sunday, as gains in the Building & Construction, Hotels & Tourism and Transport sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 1.14% to hit a new 1-month high.

The best performers of the session on the Tadawul All Share were Rabigh Refining & Petrochemical Co (SE:2380), which rose 9.98% or 2.12 points to trade at 23.36 at the close. Meanwhile, Abdullah Saad Mohammed Abo Moati Stationeries Co (SE:4191) added 9.93% or 4.05 points to end at 44.85 and Raydan Co (SE:6012) was up 8.83% or 1.78 points to 21.94 in late trade.

The worst performers of the session were Al Sagr Co-operative Insurance Co (SE:8180), which fell 3.06% or 0.56 points to trade at 17.72 at the close. Saudia Dairy and Foodstuff .Co (SE:2270) declined 1.64% or 2.80 points to end at 168.00 and Arabian Contracting Services Company CJSC (SE:4071) was down 1.09% or 1.10 points to 99.50.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 186 to 28 and 9 ended unchanged.

Crude oil for February delivery was down 0.72% or 0.57 to $78.89 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.26% or 0.21 to hit $81.78 a barrel, while the February Gold Futures contract rose 0.39% or 7.05 to trade at $1796.25 a troy ounce.

EUR/SAR was up 0.60% to 4.2642, while USD/SAR fell 0.03% to 3.7536.

The US Dollar Index Futures was down 0.61% at 95.735.

© Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.14%


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