Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.56%

Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the Telecoms & IT , Agriculture & Food and Retail sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.56% to hit a new 3-months high.

The best performers of the session on the Tadawul All Share were Saudi Telecom (TADAWUL:7010 ), which rose 9.94% or 3.95 points to trade at 43.70 at the close. Meanwhile, Saudi RE Cooperative Reinsurance (TADAWUL:8200 ) added 9.88% or 3.65 points to end at 40.60 and Saudi Automotive Services Co. (TADAWUL:4050 ) was up 6.48% or 4.80 points to 78.90 in late trade.

The worst performers of the session were Al Baha Investment and Development Company SJSC (TADAWUL:4130 ), which fell 7.69% or 0.01 points to trade at 0.12 at the close. Raydan Co (TADAWUL:6012 ) declined 3.59% or 1.05 points to end at 28.20 and Miahona Holding SCJSC (TADAWUL:2084 ) was down 3.29% or 1.15 points to 33.85.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 181 to 114 and 20 ended unchanged.

Shares in Saudi Telecom (TADAWUL:7010 ) rose to 52-week highs; rising 9.94% or 3.95 to 43.70. Shares in Al Baha Investment and Development Company SJSC (TADAWUL:4130 ) fell to 52-week lows; falling 7.69% or 0.01 to 0.12. Shares in Saudi RE Cooperative Reinsurance (TADAWUL:8200 ) rose to all time highs; up 9.88% or 3.65 to 40.60.

Crude oil for October delivery was up 2.67% or 1.95 to $74.96 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 2.33% or 1.80 to hit $78.15 a barrel, while the December Gold Futures contract rose 1.27% or 32.00 to trade at $2,548.70 a troy ounce.

EUR/SAR was up 0.77% to 4.20, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was down 0.78% at 100.61.

Source: Investing.com