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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.29%

Published 11/24/2020, 09:15 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.29%
TASI
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TDAI
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TCSI
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TMDI
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8150
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1320
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2250
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4130
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4170
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4191
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Investing.com – Saudi Arabia stocks were higher after the close on Tuesday, as gains in the Building & Construction, Hotels & Tourism and Media & Publishing sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.29% to hit a new 52-week high.

The best performers of the session on the Tadawul All Share were Al Baha Investment and Development Company SJSC (SE:4130), which rose 10.00% or 3.85 points to trade at 42.35 at the close. Meanwhile, Tourism Enterprise Co. (SE:4170) added 9.97% or 6.70 points to end at 73.90 and Abdullah Saad Mohammed Abo Moati Stationeries Co (SE:4191) was up 9.95% or 3.80 points to 42.00 in late trade.

The worst performers of the session were Allied Cooperative Insurance Group SJSC (SE:8150), which fell 6.08% or 3.40 points to trade at 52.50 at the close. Saudi Industrial Investment Group (SE:2250) declined 1.92% or 0.50 points to end at 25.60 and Saudi Steel Pipe Company (SE:1320) was down 1.81% or 0.50 points to 27.10.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 126 to 72 and 6 ended unchanged.

Shares in Al Baha Investment and Development Company SJSC (SE:4130) rose to 5-year highs; gaining 10.00% or 3.85 to 42.35. Shares in Tourism Enterprise Co. (SE:4170) rose to 5-year highs; up 9.97% or 6.70 to 73.90. Shares in Abdullah Saad Mohammed Abo Moati Stationeries Co (SE:4191) rose to all time highs; up 9.95% or 3.80 to 42.00.

Crude oil for January delivery was up 1.86% or 0.80 to $43.86 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 1.65% or 0.76 to hit $46.80 a barrel, while the December Gold Futures contract fell 1.90% or 35.00 to trade at $1802.80 a troy ounce.

EUR/SAR was up 0.12% to 4.4451, while USD/SAR rose 0.01% to 3.7504.

The US Dollar Index Futures was down 0.01% at 92.483.

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