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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.19%

Published 12/09/2024, 07:45 AM
Updated 12/09/2024, 07:50 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.19%
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Investing.com – Saudi Arabia stocks were higher after the close on Monday, as gains in the Media & Publishing, Financial Services and Insurance sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 1.19%.

The best performers of the session on the Tadawul All Share were The Mediterranean&Gulf Insurance Co (TADAWUL:8030), which rose 5.28% or 1.12 points to trade at 22.32 at the close. Meanwhile, Emaar The Economic City (TADAWUL:4220) added 5.00% or 0.40 points to end at 8.40 and Astra Industrial Group (TADAWUL:1212) was up 4.21% or 7.40 points to 183.00 in late trade.

The worst performers of the session were Etihad Atheeb Telecommunication (TADAWUL:7040), which fell 3.38% or 4.00 points to trade at 114.20 at the close. Middle East Healthcare Co CJSC (TADAWUL:4009) declined 3.01% or 2.30 points to end at 74.00 and Almunajem Foods Company SJSC (TADAWUL:4162) was down 2.86% or 2.80 points to 95.20.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 172 to 130 and 37 ended unchanged.

Crude oil for January delivery was up 1.25% or 0.84 to $68.04 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 1.08% or 0.77 to hit $71.89 a barrel, while the February Gold Futures contract rose 0.62% or 16.59 to trade at $2,676.19 a troy ounce.

EUR/SAR was unchanged 0.03% to 3.97, while USD/SAR unchanged 0.02% to 3.76.

The US Dollar Index Futures was down 0.01% at 105.72.

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