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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.05%

Published 12/25/2023, 07:45 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.05%

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

At the close in Saudi Arabia, the Tadawul All Share gained 1.05% to hit a new 3-months high.

The best performers of the session on the Tadawul All Share were BANK ALBILAD (TADAWUL:1140), which rose 5.18% or 2.20 points to trade at 44.65 at the close. Meanwhile, Leejam Sports Company SJSC (TADAWUL:1830) added 4.49% or 8.80 points to end at 204.80 and Riyadh Cables Group Company CJSC (TADAWUL:4142) was up 3.33% or 3.00 points to 93.00 in late trade.

The worst performers of the session were Sinad Holding Co (TADAWUL:4080), which fell 1.54% or 0.20 points to trade at 12.78 at the close. Raydan Co (TADAWUL:6012) declined 1.50% or 0.40 points to end at 26.30 and AL-BABTAIN POWER &TELECOM CO (TADAWUL:2320) was down 1.28% or 0.35 points to 27.00.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 170 to 103 and 28 ended unchanged.

Shares in Leejam Sports Company SJSC (TADAWUL:1830) rose to all time highs; rising 4.49% or 8.80 to 204.80. Shares in Riyadh Cables Group Company CJSC (TADAWUL:4142) rose to all time highs; up 3.33% or 3.00 to 93.00.

Crude oil for February delivery was down 0.54% or 0.40 to $73.49 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.26% or 0.21 to hit $78.80 a barrel, while the February Gold Futures contract rose 0.64% or 13.20 to trade at $2,064.50 a troy ounce.

EUR/SAR was unchanged 0.01% to 4.13, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was down 0.12% at 101.36.

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