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 Cement, Energy&Utilities and Retail sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.50% to hit a new 3-months high.

The best performers of the session on the Tadawul All Share were Saudi Company for Hardware (TADAWUL:4008), which rose 9.85% or 2.95 points to trade at 32.90 at the close. Meanwhile, Morabaha Marina Financing Company (TADAWUL:4082) added 6.01% or 0.68 points to end at 12.00 and Electrical Industries Co (TADAWUL:1303) was up 5.93% or 0.16 points to 2.86 in late trade.

The worst performers of the session were Al Baha Investment and Development Company SJSC (TADAWUL:4130), which fell 7.14% or 0.01 points to trade at 0.13 at the close. Sinad Holding Co (TADAWUL:4080) declined 2.94% or 0.40 points to end at 13.20 and Al Hokair Group (TADAWUL:1820) was down 2.69% or 0.06 points to 2.17.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 169 to 102 and 21 ended unchanged.

Shares in Electrical Industries Co (TADAWUL:1303) rose to all time highs; up 5.93% or 0.16 to 2.86.

Crude oil for February delivery was up 0.26% or 0.19 to $72.10 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.44% or 0.34 to hit $76.95 a barrel, while the February Gold Futures contract fell 0.54% or 11.10 to trade at $2,033.80 a troy ounce.

EUR/SAR was down 0.85% to 4.09, while USD/SAR unchanged 0.01% to 3.75.

The US Dollar Index Futures was up 0.64% at 102.22.