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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.23% -Breaking

by Mike Robinson

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© Reuters. Stocks of Saudi Arabia are higher after close to trade. Tadawul All share up 0.2%

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

The Saudi Arabian close saw an additional 0.23%, bringing it to a 5-year peak.

Red Sea Housing Services Company, which gained 9.5% or 2.18 points in the closing session of the trading day on the were the top performers. They traded at 24.08 after the close. Saudi Tadawul Group Holding Co. (SE:), which gained 5.38%, or 8.60 points, to close at 168.60. The Saudi British Bank was also up 4.90% (or 1.95 points) to 41.75 late trade.

Saudi Arabian Mining Company, (SE:) fell 2.4% or 2.40 to close at 88.60. Etihad Atheeb Telecommunications(SE:) fell 2.47%, or 0.800 points, to reach 31.650. Jarir Marketing Co. was at 222.33 or 4.60 to 201.60.

On the Saudi Arabia Stock Exchange, falling stocks outnumbered those in progress by 108 to98. 16 ends unchanged.

Saudi Tadawul Group Holding Co. (SE:), shares rose to new highs, up 5.38% (8.60 to 166.60). Stocks of The Saudi British Bank (SE) rose by 4.90%, or 1.95 to 41.75.

Crude oil was 1.06 percent higher at $84.36 per barrel for March delivery, or 1.27%. Brent oil, which was due for delivery March 1, rose by 0.89%, or 0.77, to reach $87.25/barrel. Meanwhile, the February Gold Futures contract lost 0.05%, or 0.95, to trade at $1815.55/ton.

EUR/SAR declined 0.32% from 4.2663 to 4.2663 while USD/SAR dropped 0.05% to 3.7505.

US Dollar Index Futures were up 0.3% at 95.487.

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