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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.73%

© Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.73%

Investing.com – Saudi Arabia stocks were higher after the close on Monday, as gains in the , and sectors led shares higher.

At the close in Saudi Arabia, the gained 0.73%.

The best performers of the session on the were Al Yamamah Steel Industries Co (TADAWUL:), which rose 10.00% or 2.45 points to trade at 26.95 at the close. Meanwhile, Filing & Packing Materials Co. (TADAWUL:) added 7.58% or 3.10 points to end at 44.00 and Al Hassan Ghazi Ibrahim Shaker (TADAWUL:) was up 7.00% or 1.70 points to 26.00 in late trade.

The worst performers of the session were Etihad Atheeb Telecommunication (TADAWUL:), which fell 9.95% or 16.00 points to trade at 144.80 at the close. Sumou Real Estate Company JSCC (TADAWUL:) declined 5.09% or 2.60 points to end at 48.50 and Arabian Pipes Company (TADAWUL:) was down 4.26% or 4.40 points to 99.00.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 176 to 91 and 17 ended unchanged.

Crude oil for October delivery was up 0.05% or 0.04 to $87.55 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 0.23% or 0.21 to hit $90.86 a barrel, while the December Gold Futures contract rose 0.31% or 5.95 to trade at $1,948.65 a troy ounce.

EUR/SAR was up 0.31% to 4.03, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was down 0.58% at 104.10.

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This article was written by Follow Leo Nelissen is an analyst focusing on major economic developments related to supply chains, infrastructure, and commodities. He...