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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.04% -Breaking

by Mike Robinson

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© Reuters Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.04%

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

Saudi Arabia added 0.4% at the end.

Al Baha Investment and Development Company (SE:) were the best-performing session. They rose 9.91%, or 3.45 points, to trade at 38.25 by the closing. Tourism Enterprise Co. (SE 🙂 gained 9.89% or 15.00 points to trade at 166.60. Raydan Co In late trade, the SE: was up 9.30% (or 1.98 points) to 23.28

Al Sagr Co-operative Insurance Co., which lost 3.45% of its points and traded at 16.78 after the closing bell, were the session’s worst performers. Takween Advanced Industries (SE:), fell 2.60%, or 0.52 points, to finish at 19.48. Yanbu Cement Co. was down 2.36% (or 0.90 points) to 37.20.

The Saudi Arabia Stock Exchange saw rising stocks surpass declining ones by 109 percent to 106 percent, while 6 of them ended the same.

The shares in Tourism Enterprise Co. (SE) rose to five-year highs, with a gain of 9.89% (15.00 to 166.60).

Crude oil fell 1.19%, or 0.85, to $70.44/barrel for January delivery. Brent oil, which was due for delivery on February 4, fell by 0.92 percent to reach $73.47/barrel, and the February Gold Futures contract, which fell 1.8% to 21.10 cents to trade at $1767.20 per troy ounce.

EUR/SAR rose by 0.17%, to 4.2397. USD/SAR climbed by 0.01% at 3.7514.

US Dollar Index Futures were down 0.2% to 96.250

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