Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.85%

Investing.com – Saudi Arabia stocks were higher after the close on Thursday, as gains in the Industrial Investment, Hotels&Tourism and Retail sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.85% to hit a new 1-month high.

The best performers of the session on the Tadawul All Share were The National Co for Glass Industrie (TADAWUL:2150), which rose 9.91% or 3.20 points to trade at 35.50 at the close. Meanwhile, Al Yamamah Steel Industries Co (TADAWUL:1304) added 8.46% or 2.80 points to end at 35.90 and National Industrialization Co (TADAWUL:2060) was up 6.36% or 0.98 points to 16.38 in late trade.

The worst performers of the session were United Cooperative Assurance Co (TADAWUL:8190), which fell 8.56% or 1.00 points to trade at 10.68 at the close. Al Alamiya Cooperative Insurance (TADAWUL:8280) declined 1.98% or 0.38 points to end at 18.82 and Saudi RE Cooperative Reinsurance (TADAWUL:8200) was down 1.69% or 0.28 points to 16.30.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 189 to 36 and 11 ended unchanged.

Shares in United Cooperative Assurance Co (TADAWUL:8190) fell to 52-week lows; falling 8.56% or 1.00 to 10.68.

Crude oil for September delivery was up 0.10% or 0.10 to $97.36 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.32% or 0.33 to hit $102.00 a barrel, while the August Gold Futures contract rose 1.64% or 28.20 to trade at $1,747.30 a troy ounce.

EUR/SAR was down 0.54% to 3.81, while USD/SAR unchanged 0.00% to 3.76.

The US Dollar Index Futures was up 0.20% at 106.54.