Stock Groups

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.30% -Breaking

© Reuters. Saudi Arabia stock prices higher at the close of trade. Tadawul AllShare up 0.30% – Saudi Arabia stocks were higher after the close on Thursday, as gains in the , and sectors led shares higher.

The Saudi Arabian closing bell saw an additional 0.30%, bringing it to a 5-year peak.

These were the best performers of the session Baazeem Trading Co (SE:) climbed 5.76%, or 6.80 points, to close at 124.80. In the meantime Dr. Sulaiman Al Habib – Medical Group (SE 🙂 gained 5.19%, or 8.80 points, to close at 178.20. ALAHLI TAKAFUL CORPORATION (SE 🙂 was up 4.95% (or 2.05 points) to 43.50 late trade.

National Gypsum Company, which lost 2.70% (or 1.30 points) to close at 46.80, was the worst performer of the session. Alkhorayef Water and Power Technologies Co.(SE:) fell 2.14% (or 2.60 points) to finish at 119.00, while United Int Transportation Company. (SE.) dropped 1.97% (or 1.00 points) to 49.70.

The Saudi Arabia Stock Exchange saw falling stocks surpass advancing stock by 116 percent to 79 percent, while 15 of the remaining entries were unchanged.

Shares of ALAHLI TAAKUL COMPANY (SE 🙂 rose to five-year highs, up 4.95% or from 2.05 to 43.50.

Crude oil fell 1.14%, or 0.95, to $82.47 per barrel for December delivery. Brent oil, which was due for delivery December 1, fell by 1.04, to reach $84.78/barrel. Meanwhile, the December Gold Futures contract lost 0.10%, or 1.85, to trade at $1783.05 per troy ounce.

EUR/SAR decreased 0.01% at 4.3689 while USD/SAR fell by 0.00% at 3.7508.

US Dollar Index Futures were up 0.2% at 93.555

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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.