Investing.com – Saudi Arabia stocks were higher after the close on Wednesday, as gains in the Media & Publishing, Hotels & Tourism and Telecoms & IT sectors led shares higher.
At the close in Saudi Arabia, the Tadawul All Share rose 1.17% to hit a new 5-year high.
The best performers of the session on the Tadawul All Share were Tourism Enterprise Co. (SE:4170), which rose 9.95% or 18.80 points to trade at 207.80 at the close. Meanwhile, Al Baha Investment and Development Company SJSC (SE:4130) added 6.77% or 2.35 points to end at 37.05 and Saudi Automotive Services Co. (SE:4050) was up 5.39% or 2.15 points to 42.05 in late trade.
The worst performers of the session were AlAhli Fund of REITs (SE:4338), which fell 2.32% or 0.30 points to trade at 12.64 at the close. Bawan (SE:1302) declined 1.59% or 0.60 points to end at 37.20 and Yamamah Saudi Cement Co. (SE:3020) was down 1.33% or 0.35 points to 26.00.
Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 159 to 51 and 16 ended unchanged.
Shares in Tourism Enterprise Co. (SE:4170) rose to 5-year highs; up 9.95% or 18.80 to 207.80. Shares in Saudi Automotive Services Co. (SE:4050) rose to 5-year highs; gaining 5.39% or 2.15 to 42.05.
Crude oil for March delivery was up 1.22% or 1.12 to $93.19 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 1.40% or 1.31 to hit $94.59 a barrel, while the April Gold Futures contract rose 0.18% or 3.30 to trade at $1859.50 a troy ounce.
EUR/SAR was up 0.03% to 4.2624, while USD/SAR unchanged 0.00% to 3.7524.
The US Dollar Index Futures was down 0.07% at 95.922.