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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.90%

Published 08/11/2024, 08:45 AM
© Reuters Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.90%
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Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the Building & Construction, Hotels & Tourism and Insurance sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.90%.

The best performers of the session on the Tadawul All Share were Thimar Development Holding Co (TADAWUL:4160), which rose 9.97% or 3.70 points to trade at 40.80 at the close. Meanwhile, AL-BABTAIN POWER &TELECOM CO (TADAWUL:2320) added 9.94% or 3.60 points to end at 39.80 and Fawaz Abdulaziz AlHokair Company (TADAWUL:4240) was up 9.90% or 0.79 points to 8.77 in late trade.

The worst performers of the session were Baazeem Trading Co (TADAWUL:4051), which fell 9.05% or 0.65 points to trade at 6.53 at the close. Wafrah for Industry and Development Company SJSC (TADAWUL:2100) declined 6.45% or 2.75 points to end at 39.90 and Al Moammar Information Systems Co CJSC (TADAWUL:7200) was down 4.38% or 7.20 points to 157.20.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 191 to 100 and 25 ended unchanged.

Crude oil for September delivery was up 1.04% or 0.79 to $76.98 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.39% or 0.31 to hit $79.47 a barrel, while the December Gold Futures contract rose 0.30% or 7.30 to trade at $2,470.60 a troy ounce.

EUR/SAR was unchanged 0.05% to 4.10, while USD/SAR unchanged 0.02% to 3.75.

The US Dollar Index Futures was down 0.05% at 102.97.

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