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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.89%

Published 11/10/2021, 09:15 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.89%
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Investing.com – Saudi Arabia stocks were higher after the close on Wednesday, as gains in the Financial Services, Insurance and Retail sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.89%.

The best performers of the session on the Tadawul All Share were Arabian Pipes Company (SE:2200), which rose 10.00% or 1.48 points to trade at 16.28 at the close. Meanwhile, Al Moammar Information Systems Co CJSC (SE:7200) added 6.07% or 8.40 points to end at 146.80 and National Metal Manufacturing Co. (SE:2220) was up 5.79% or 1.75 points to 32.00 in late trade.

The worst performers of the session were Saudi Company for Hardware (SE:4008), which fell 6.86% or 4.00 points to trade at 54.30 at the close. Saudi Paper Manufacturing Co. (SE:2300) declined 2.98% or 1.70 points to end at 55.30 and Tourism Enterprise Co. (SE:4170) was down 2.82% or 2.10 points to 72.30.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 127 to 79 and 8 ended unchanged.

Crude oil for December delivery was down 0.21% or 0.18 to $83.97 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 0.04% or 0.03 to hit $84.75 a barrel, while the December Gold Futures contract rose 1.36% or 24.90 to trade at $1855.70 a troy ounce.

EUR/SAR was down 0.25% to 4.3361, while USD/SAR fell 0.05% to 3.7503.

The US Dollar Index Futures was up 0.29% at 94.227.

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