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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.11%

Published 07/16/2024, 08:45 AM
Updated 07/16/2024, 08:50 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.11%
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Investing.com – Saudi Arabia stocks were higher after the close on Tuesday, as gains in the Media & Publishing, Real Estate Development and Energy & Utilities sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 1.11% to hit a new 1-month high.

The best performers of the session on the Tadawul All Share were AYYAN Investment Co SJSC (TADAWUL:2140), which rose 9.96% or 1.60 points to trade at 17.66 at the close. Meanwhile, Al Sagr Co-operative Insurance Co (TADAWUL:8180) added 9.96% or 2.06 points to end at 22.74 and Miahona Holding SCJSC (TADAWUL:2084) was up 7.70% or 2.75 points to 38.45 in late trade.

The worst performers of the session were Al Baha Investment and Development Company SJSC (TADAWUL:4130), which fell 7.69% or 0.01 points to trade at 0.12 at the close. East Pipes Integrated Company for Industry (TADAWUL:1321) declined 2.79% or 4.60 points to end at 160.40 and Alkhaleej Training & Education Co (TADAWUL:4290) was down 1.94% or 0.60 points to 30.25.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 175 to 104 and 35 ended unchanged.

Shares in Al Baha Investment and Development Company SJSC (TADAWUL:4130) fell to 52-week lows; losing 7.69% or 0.01 to 0.12. Shares in Miahona Holding SCJSC (TADAWUL:2084) rose to all time highs; up 7.70% or 2.75 to 38.45.

Crude oil for September delivery was down 1.78% or 1.44 to $79.40 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 1.63% or 1.38 to hit $83.47 a barrel, while the August Gold Futures contract rose 0.36% or 8.80 to trade at $2,437.70 a troy ounce.

EUR/SAR was down 0.16% to 4.08, while USD/SAR unchanged 0.01% to 3.75.

The US Dollar Index Futures was up 0.27% at 104.17.

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