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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.89% -Breaking

by Mike Robinson

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© Reuters. Saudi Arabia stock prices higher at the close of trade. Tadawul All Shares up 0.89%

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

The gain was 0.89% at the Saudi Arabian close.

Arabian Pipes Company, which gained 10.00% (or 1.48 points) to close at 16.28, was the best performer of the session. Al Moammar Information Systems Co CJSC(SE:), which gained 6.07% to finish at 146.80, and National Metal Manufacturing Co. was up 5.79% to 32.00 in late trading.

Saudi Company for Hardware, which lost 6.86% (or 4.00 points) to close at 54.30, was the worst performer of the session. Saudi Paper Manufacturing Co.(SE:), which declined 2.8% or 1.70 point to close at 55.30, and Tourism Enterprise Co. was down 2.82% (or 2.10 points) to 72.30.

Stocks that are rising outnumbered those in decline on the Saudi Arabia Stock Exchange surpassed them by 127 percent to 79 percent, while 8 was unchanged.

Dec delivery crude oil was 0.18 lower at $83.97/barrel. Brent oil fell 0.03 percent to $84.75 per barrel in commodity trading. The December Gold Futures contract traded at $1855.70 an ounce.

EUR/SAR decreased by 0.25 percent to 4.3361 and USD/SAR dropped by 0.05%, to 3.7503.

US Dollar Index Futures were up 0.2% at 94.227.

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