Investing.com – Saudi Arabia stocks were higher after the close on Thursday, as gains in the Petrochemicals, Cement and Retail sectors led shares higher.
At the close in Saudi Arabia, the Tadawul All Share rose 1.34% to hit a new 6-months high.
The best performers of the session on the Tadawul All Share were Saudi Arabia Fertilizers Co. (SE:2020), which rose 7.74% or 5.75 points to trade at 80.00 at the close. Meanwhile, National Agriculture Marketing Co. (SE:4160) added 7.21% or 2.30 points to end at 34.20 and Saudi Industrial Investment Group (SE:2250) was up 6.07% or 1.05 points to 18.35 in late trade.
The worst performers of the session were Ash-Sharqiyah Development Company (SE:6060), which fell 2.13% or 1.00 points to trade at 45.90 at the close. Emaar The Economic City (SE:4220) declined 1.71% or 0.30 points to end at 17.20 and Etihad Atheeb Telecommunication (SE:7040) was down 1.59% or 0.050 points to 3.100.
Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 133 to 20 and 16 ended unchanged.
Shares in Saudi Industrial Investment Group (SE:2250) rose to 52-week highs; rising 6.07% or 1.05 to 18.35.
Crude oil for January delivery was up 2.04% or 1.01 to $50.45 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 2.12% or 1.10 to hit $52.94 a barrel, while the February Gold contract fell 0.23% or 2.75 to trade at $1171.15 a troy ounce.
EUR/SAR was up 0.32% to 3.9854, while USD/SAR fell 0.01% to 3.7508.
The US Dollar Index was down 0.40% at 101.22.