Investing.com – Saudi Arabia stocks were higher after the close on Thursday, as gains in the Petrochemicals, Financial Services and Industrial Investment sectors led shares higher.
At the close in Saudi Arabia, the Tadawul All Share rose 0.51%.
The best performers of the session on the Tadawul All Share were Al Baha Investment and Development Company SJSC (TADAWUL:4130), which rose 6.25% or 0.01 points to trade at 0.17 at the close. Meanwhile, Saudi Paper Manufacturing Co. (TADAWUL:2300) added 4.84% or 1.50 points to end at 32.50 and Saudi Steel Pipe Company (TADAWUL:1320) was up 3.83% or 1.25 points to 33.85 in late trade.
The worst performers of the session were Americana Restaurants (TADAWUL:6015), which fell 4.59% or 0.20 points to trade at 4.16 at the close. Thimar Development Holding Co (TADAWUL:4160) declined 3.76% or 1.05 points to end at 26.85 and SICO Saudi REIT Fund Unit (TADAWUL:4337) was down 3.49% or 0.19 points to 5.25.
Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 179 to 95 and 9 ended unchanged.
Shares in Saudi Steel Pipe Company (TADAWUL:1320) rose to 52-week highs; gaining 3.83% or 1.25 to 33.85. Shares in SICO Saudi REIT Fund Unit (TADAWUL:4337) fell to all time lows; losing 3.49% or 0.19 to 5.25.
Crude oil for September delivery was up 1.66% or 1.32 to $80.70 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 1.39% or 1.16 to hit $84.61 a barrel, while the December Gold Futures contract fell 0.14% or 2.65 to trade at $1,925.65 a troy ounce.
EUR/SAR was up 0.28% to 4.09, while USD/SAR unchanged 0.00% to 3.75.
The US Dollar Index Futures was down 0.15% at 103.17.