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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.07%

Published 07/11/2024, 08:45 AM
Updated 07/11/2024, 08:50 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.07%
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Investing.com – Saudi Arabia stocks were higher after the close on Thursday, as gains in the Media & Publishing, Insurance and Retail sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.07% to hit a new 1-month high.

The best performers of the session on the Tadawul All Share were Saudi RE Cooperative Reinsurance (TADAWUL:8200), which rose 8.30% or 2.35 points to trade at 30.65 at the close. Meanwhile, Miahona Holding SCJSC (TADAWUL:2084) added 7.17% or 2.25 points to end at 33.65 and Rasan Information Technology (TADAWUL:8313) was up 5.28% or 3.20 points to 63.80 in late trade.

The worst performers of the session were Mouwasat Medical Services Company (TADAWUL:4002), which fell 2.12% or 2.60 points to trade at 120.00 at the close. Saudi Ground Services Co (TADAWUL:4031) declined 1.89% or 1.00 points to end at 51.90 and National Company for Learning and Education SJSC (TADAWUL:4291) was down 1.76% or 3.20 points to 178.20.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 139 to 135 and 29 ended unchanged.

Shares in Saudi RE Cooperative Reinsurance (TADAWUL:8200) rose to all time highs; gaining 8.30% or 2.35 to 30.65. Shares in Miahona Holding SCJSC (TADAWUL:2084) rose to all time highs; gaining 7.17% or 2.25 to 33.65.

Crude oil for August delivery was up 0.45% or 0.37 to $82.47 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.38% or 0.32 to hit $85.40 a barrel, while the August Gold Futures contract rose 1.45% or 34.60 to trade at $2,414.30 a troy ounce.

EUR/SAR was up 0.61% to 4.09, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was down 0.84% at 103.85.

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