Investing.com – Saudi Arabia stocks were higher after the close on Thursday, as gains in the Telecoms & IT, Industrial Investment and Hotels & Tourism sectors led shares higher.
At the close in Saudi Arabia, the Tadawul All Share added 0.25% to hit a new 5-year high.
The best performers of the session on the Tadawul All Share were Nama Chemicals Co. (SE:2210), which rose 5.87% or 2.30 points to trade at 41.50 at the close. Meanwhile, Middle East Paper Co (SE:1202) added 3.98% or 1.95 points to end at 50.90 and Sadr Logistics Co (SE:1832) was up 3.71% or 3.00 points to 83.90 in late trade.
The worst performers of the session were Yanbu National Petrochemical Co (SE:2290), which fell 2.64% or 1.90 points to trade at 70.00 at the close. Alkhorayef Water and Power Technologies Co (SE:2081) declined 2.28% or 2.60 points to end at 111.20 and Alkhaleej Training & Education Co (SE:4290) was down 1.98% or 0.40 points to 19.80.
Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 113 to 91 and 20 ended unchanged.
Shares in Middle East Paper Co (SE:1202) rose to all time highs; gaining 3.98% or 1.95 to 50.90.
Crude oil for March delivery was down 0.14% or 0.12 to $85.68 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.40% or 0.35 to hit $88.09 a barrel, while the February Gold Futures contract rose 0.22% or 4.05 to trade at $1847.25 a troy ounce.
EUR/SAR was up 0.08% to 4.2578, while USD/SAR unchanged 0.00% to 3.7513.
The US Dollar Index Futures was down 0.02% at 95.480.