Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.29%

Investing.com – Saudi Arabia stocks were higher after the close on Monday, as gains in the Transport , Industrial Investment and Retail sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.29%.

The best performers of the session on the Tadawul All Share were Almajed 4 Oud Company SJSC (TADAWUL:4165 ), which rose 5.61% or 8.40 points to trade at 158.00 at the close. Meanwhile, SAL Saudi Logistics Services Co CJSC (TADAWUL:4263 ) added 5.42% or 14.20 points to end at 276.00 and Riyadh Cables Group Company CJSC (TADAWUL:4142 ) was up 5.17% or 7.80 points to 158.80 in late trade.

The worst performers of the session were United International Holding (TADAWUL:4083 ), which fell 2.45% or 4.60 points to trade at 183.40 at the close. Nayifat Finance Co (TADAWUL:4081 ) declined 2.43% or 0.36 points to end at 14.44 and Zamil Industrial Investment Co (TADAWUL:2240 ) was down 2.43% or 0.90 points to 36.15.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 173 to 138 and 26 ended unchanged.

Shares in Riyadh Cables Group Company CJSC (TADAWUL:4142 ) rose to all time highs; rising 5.17% or 7.80 to 158.80.

Crude oil for February delivery was up 0.68% or 0.50 to $74.46 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.60% or 0.46 to hit $76.97 a barrel, while the February Gold Futures contract rose 0.11% or 2.91 to trade at $2,657.61 a troy ounce.

EUR/SAR was up 0.96% to 3.91, while USD/SAR unchanged 0.02% to 3.75.

The US Dollar Index Futures was down 0.88% at 107.85.

Source: Investing.com