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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.12%

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.12%

Investing.com – Saudi Arabia stocks were higher after the close on Thursday, as gains in the Insurance, Real Estate Development and Financial Services sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.12% to hit a new 1-month high.

The best performers of the session on the Tadawul All Share were Al Kathiri Holding Co (TADAWUL:3008), which rose 9.87% or 4.60 points to trade at 51.20 at the close. Meanwhile, Saudi Advanced Industries Co. (TADAWUL:2120) added 5.85% or 1.50 points to end at 27.15 and Al Hokair Group (TADAWUL:1820) was up 5.80% or 1.26 points to 23.00 in late trade.

The worst performers of the session were Almarai Company (TADAWUL:2280), which fell 3.11% or 1.70 points to trade at 53.00 at the close. Arabian Pipes Company (TADAWUL:2200) declined 2.24% or 0.95 points to end at 41.50 and Etihad Atheeb Telecommunication (TADAWUL:7040) was down 2.06% or 1.50 points to 71.30.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 134 to 99 and 25 ended unchanged.

Crude oil for March delivery was up 2.23% or 1.79 to $81.94 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 2.00% or 1.72 to hit $87.84 a barrel, while the February Gold Futures contract fell 0.12% or 2.35 to trade at $1,940.25 a troy ounce.

EUR/SAR was down 0.12% to 4.09, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was up 0.08% at 101.50.

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