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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.43%

Published 10/20/2022, 10:15 AM
© Reuters Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.43%

Investing.com – Saudi Arabia stocks were higher after the close on Thursday, as gains in the Retail, Media & Publishing and Financial Services sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 1.43% to hit a new 1-month high.

The best performers of the session on the Tadawul All Share were Saudi Cement Company (TADAWUL:3030), which rose 5.66% or 3.00 points to trade at 56.00 at the close. Meanwhile, Al Omran Industrial & Trading Co (TADAWUL:4141) added 5.36% or 4.50 points to end at 88.40 and Middle East Paper Co (TADAWUL:1202) was up 4.88% or 2.50 points to 53.70 in late trade.

The worst performers of the session were Almarai Company (TADAWUL:2280), which fell 3.11% or 1.80 points to trade at 56.10 at the close. Alamar Foods CJSC (TADAWUL:6014) declined 2.11% or 3.20 points to end at 148.40 and Middle East Healthcare Co CJSC (TADAWUL:4009) was down 2.10% or 0.70 points to 32.60.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 145 to 90 and 14 ended unchanged.

Crude oil for December delivery was up 2.54% or 2.15 to $86.67 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 2.02% or 1.87 to hit $94.28 a barrel, while the December Gold Futures contract rose 0.57% or 9.35 to trade at $1,643.55 a troy ounce.

EUR/SAR was up 0.51% to 3.69, while USD/SAR unchanged 0.04% to 3.76.

The US Dollar Index Futures was down 0.45% at 112.38.

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