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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.18%

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Saudi Arabia stocks were higher after the close on Tuesday, as gains in the Retail, Building & Construction and Telecoms & IT sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.18%.

The best performers of the session on the Tadawul All Share were Wafrah for Industry and Development Company SJSC (TADAWUL:2100), which rose 5.36% or 2.10 points to trade at 41.30 at the close. Meanwhile, Dr Sulaiman Al Habib Medical Group (TADAWUL:4013) added 3.73% or 10.00 points to end at 278.00 and Yamamah Saudi Cement Co. (TADAWUL:3020) was up 3.53% or 1.10 points to 32.30 in late trade.

The worst performers of the session were Alamar Foods CJSC (TADAWUL:6014), which fell 3.90% or 4.60 points to trade at 113.20 at the close. Salama Cooperative Insurance Co (TADAWUL:8050) declined 3.46% or 0.72 points to end at 20.08 and Al-Rajhi Cooperative Insurance (TADAWUL:8230) was down 3.15% or 5.20 points to 160.00.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 133 to 133 and 28 ended unchanged.

Shares in Alamar Foods CJSC (TADAWUL:6014) fell to all time lows; falling 3.90% or 4.60 to 113.20.

Crude oil for January delivery was up 0.92% or 0.69 to $75.55 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.88% or 0.70 to hit $80.57 a barrel, while the December Gold Futures contract rose 0.18% or 3.60 to trade at $2,016.00 a troy ounce.

EUR/SAR was unchanged 0.06% to 4.11, while USD/SAR unchanged 0.01% to 3.75.

The US Dollar Index Futures was down 0.03% at 103.07.

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