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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.60%

Published 12/08/2022, 09:15 AM
© Reuters Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.60%

Investing.com – Saudi Arabia stocks were higher after the close on Thursday, as gains in the Cement, Industrial Investment and Financial Services sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.60%.

The best performers of the session on the Tadawul All Share were Saudi Arabian Cooperative Insurance (TADAWUL:8100), which rose 9.85% or 1.16 points to trade at 12.94 at the close. Meanwhile, Astra Industrial Group (TADAWUL:1212) added 3.78% or 1.80 points to end at 49.40 and The Saudi British Bank (TADAWUL:1060) was up 3.66% or 1.30 points to 36.85 in late trade.

The worst performers of the session were Tourism Enterprise Co. (TADAWUL:4170), which fell 7.42% or 1.70 points to trade at 21.20 at the close. Nahdi Medical Co (TADAWUL:4164) declined 5.52% or 9.60 points to end at 164.40 and Saudi Tadawul Group Holding Co (TADAWUL:1111) was down 4.57% or 7.20 points to 150.20.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 142 to 95 and 14 ended unchanged.

Shares in Tourism Enterprise Co. (TADAWUL:4170) fell to 52-week lows; down 7.42% or 1.70 to 21.20.

Crude oil for January delivery was up 2.89% or 2.08 to $74.09 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 1.46% or 1.13 to hit $78.30 a barrel, while the February Gold Futures contract rose 0.16% or 2.85 to trade at $1,800.85 a troy ounce.

EUR/SAR was up 0.18% to 3.96, while USD/SAR unchanged 0.01% to 3.76.

The US Dollar Index Futures was down 0.04% at 105.01.

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