Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.69%

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

At the close in Saudi Arabia, the Tadawul All Share rose 0.69% to hit a new 1-month high.

The best performers of the session on the Tadawul All Share were Red Sea Housing Services Company (TADAWUL:4230 ), which rose 7.10% or 2.50 points to trade at 37.70 at the close. Meanwhile, Tourism Enterprise Co. (TADAWUL:4170 ) added 6.10% or 0.05 points to end at 0.87 and The National Co for Glass Industrie (TADAWUL:2150 ) was up 5.13% or 2.35 points to 48.20 in late trade.

The worst performers of the session were Fawaz Abdulaziz AlHokair Company (TADAWUL:4240 ), which fell 3.41% or 0.36 points to trade at 10.20 at the close. Abdullah Saad Mohammed Abo Moati Stationeries Co (TADAWUL:4191 ) declined 3.28% or 1.00 points to end at 29.50 and Wataniya Insurance Company (TADAWUL:8300 ) was down 2.89% or 0.90 points to 30.25.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 165 to 132 and 19 ended unchanged.

Shares in Red Sea Housing Services Company (TADAWUL:4230 ) rose to 52-week highs; up 7.10% or 2.50 to 37.70.

Crude oil for October delivery was up 0.34% or 0.25 to $73.42 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.32% or 0.25 to hit $77.45 a barrel, while the December Gold Futures contract fell 0.21% or 5.30 to trade at $2,545.30 a troy ounce.

EUR/SAR was unchanged 0.05% to 4.17, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was up 0.01% at 101.31.

Source: Investing.com