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

by Mike Robinson

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© 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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