Investing.com – Saudi Arabia stocks were higher after the close on Thursday, as gains in the Telecoms & IT, Cement and Financial Services sectors led shares higher.
At the close in Saudi Arabia, the Tadawul All Share added 1.02% to hit a new 52-week high.
The best performers of the session on the Tadawul All Share were Saudi Steel Pipe Company (SE:1320), which rose 6.17% or 1.30 points to trade at 22.38 at the close. Meanwhile, Dar Alarkan Real Estate Development (SE:4300) added 4.46% or 0.51 points to end at 11.94 and Saudi Telecom (SE:7010) was up 4.12% or 3.24 points to 81.90 in late trade.
The worst performers of the session were Saudi Company for Hardware (SE:4008), which fell 2.25% or 3.00 points to trade at 130.20 at the close. Nama Chemicals Co. (SE:2210) declined 2.21% or 0.40 points to end at 17.74 and Fawaz Abdulaziz AlHokair Company (SE:4240) was down 1.65% or 0.46 points to 27.50.
Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 100 to 81 and 3 ended unchanged.
Shares in Saudi Steel Pipe Company (SE:1320) rose to 52-week highs; up 6.17% or 1.30 to 22.38.
Crude oil for May delivery was down 0.77% or 0.50 to $64.67 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 0.88% or 0.61 to hit $68.86 a barrel, while the April Gold Futures contract rose 0.61% or 8.10 to trade at $1329.60 a troy ounce.
EUR/SAR was down 0.20% to 4.6177, while USD/SAR fell 0.01% to 3.7494.
The US Dollar Index Futures was up 0.09% at 89.36.