Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.50%

Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the Real Estate Development, Building&Construction and Insurance sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.50% to hit a new 1-month high.

The best performers of the session on the Tadawul All Share were Umm Al-Qura (TADAWUL:3005), which rose 9.91% or 1.52 points to trade at 16.86 at the close. Meanwhile, National Agriculture Development Co (TADAWUL:6010) added 9.86% or 2.06 points to end at 22.96 and Development Works Food Co (TADAWUL:6013) was up 9.85% or 12.20 points to 136.00 in late trade.

The worst performers of the session were Saudi Automotive Services Co. (TADAWUL:4050), which fell 2.22% or 1.20 points to trade at 52.80 at the close. Electrical Industries Co (TADAWUL:1303) declined 1.79% or 0.04 points to end at 2.19 and Dallah Healthcare Holding Company (TADAWUL:4004) was down 1.72% or 2.80 points to 160.00.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 185 to 86 and 23 ended unchanged.

Crude oil for December delivery was up 4.03% or 2.94 to $75.84 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 4.13% or 3.20 to hit $80.62 a barrel, while the December Gold Futures contract fell 0.19% or 3.80 to trade at $1,983.50 a troy ounce.

EUR/SAR was up 0.52% to 4.09, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was down 0.53% at 103.68.