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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.57%

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.57%

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

At the close in Saudi Arabia, the Tadawul All Share gained 0.57%.

The best performers of the session on the Tadawul All Share were Sumou Real Estate Company JSCC (TADAWUL:4323), which rose 10.00% or 4.20 points to trade at 46.20 at the close. Meanwhile, Perfect Presentation for Commercial Services Company PJSC (TADAWUL:7204) added 7.75% or 2.00 points to end at 27.80 and Al Baha Investment and Development Company SJSC (TADAWUL:4130) was up 7.14% or 0.01 points to 0.15 in late trade.

The worst performers of the session were MBC Group CJSC (TADAWUL:4072), which fell 10.00% or 7.20 points to trade at 64.80 at the close. ADES Holding Company SJSC (TADAWUL:2382) declined 2.32% or 0.60 points to end at 25.25 and Middle East Healthcare Co CJSC (TADAWUL:4009) was down 2.14% or 2.10 points to 96.10.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 187 to 77 and 32 ended unchanged.

Crude oil for March delivery was down 0.39% or 0.29 to $74.08 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.48% or 0.38 to hit $79.17 a barrel, while the February Gold Futures contract rose 0.45% or 9.05 to trade at $2,034.85 a troy ounce.

EUR/SAR was up 0.40% to 4.09, while USD/SAR unchanged 0.01% to 3.75.

The US Dollar Index Futures was down 0.47% at 102.91.

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