Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.31%

Investing.com – Saudi Arabia stocks were higher after the close on Wednesday, as gains in the Insurance , Retail and Energy & Utilities sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.31%.

The best performers of the session on the Tadawul All Share were Eastern Province Cement Co. (TADAWUL:3080 ), which rose 10.00% or 3.40 points to trade at 37.40 at the close. Meanwhile, Abdullah Al Othaim Markets Company (TADAWUL:4001 ) added 8.51% or 0.98 points to end at 12.50 and East Pipes Integrated Company for Industry (TADAWUL:1321 ) was up 6.00% or 9.40 points to 166.00 in late trade.

The worst performers of the session were Al Baha Investment and Development Company SJSC (TADAWUL:4130 ), which fell 9.38% or 0.03 points to trade at 0.29 at the close. Alamar Foods CJSC (TADAWUL:6014 ) declined 2.55% or 2.10 points to end at 80.10 and Almarai Company (TADAWUL:2280 ) was down 2.55% or 1.50 points to 57.30.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 173 to 120 and 20 ended unchanged.

Crude oil for November delivery was up 0.58% or 0.41 to $70.99 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 0.48% or 0.36 to hit $74.61 a barrel, while the December Gold Futures contract rose 0.71% or 18.90 to trade at $2,697.80 a troy ounce.

EUR/SAR was unchanged 0.06% to 4.09, while USD/SAR unchanged 0.02% to 3.75.

The US Dollar Index Futures was up 0.08% at 103.14.

Source: Investing.com

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