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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.64% By Investing.com


© Reuters Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.64%

Investing.com – Saudi Arabia stocks were higher after the close on Thursday, as gains in the , and sectors led shares higher.

Saudi Arabia’s close saw the currency rise 0.4% to reach a new five-year peak.

Yanbu National Petrochemical Co., which gained 7.06% (or 5.60) to close at 84.90, was among the top performers. Meanwhile, Rabigh Refining & Petrochemical Co (SE:) added 6.03% or 1.65 points to end at 29.00 and National Gypsum Company (SE:) was up 4.57% or 2.10 points to 48.10 in late trade.

They were also the session’s worst performers Arab Sea Information Systems Co SJSC, (SE:) dropped 1.79% or 3.00 points to trade at 165.00 by the close. Tanmiah Food Company SCJSC (SE: ) dropped 1.34% or 1.30 to 95.70 Mulkia Gulf Real Estate REITs, (SEI:), fell 1.18% (0.12 points) to 10.02.

Stocks that are rising outnumbered those in decline on Saudi Arabia Stock Exchange were 138 to 50, and 22 ended unaffected.

Stocks of Yanbu National Petrochemical Co. rose 5 years to their highest level; this is an increase of 7.06% (or 5.60 to 84.99). Shares in Rabigh Refining & Petrochemical Co (SE:) rose to 3-years highs; gaining 6.03% or 1.65 to 29.00.

Crude oil was 0.48 percent higher at $80.92/barrel for November delivery. Brent oil rose 0.55 or 0.66% to $83.73 per barrel in commodity trading. The December Gold Futures contract fell 0.26%, or 4.65, to $1799.35 an ounce.

EUR/SAR rose 0.04%, to 4.3496. USD/SAR declined 0.00%, to 3.7507.

US Dollar Index Futures were down 0.3% at 93.953.

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Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.