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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.04%

Published 12/14/2021, 09:15 AM
Updated 12/14/2021, 09:15 AM
© Reuters Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.04%

Investing.com – Saudi Arabia stocks were higher after the close on Tuesday, as gains in the Retail, Hotels & Tourism and Cement sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.04%.

The best performers of the session on the Tadawul All Share were Al Baha Investment and Development Company SJSC (SE:4130), which rose 9.91% or 3.45 points to trade at 38.25 at the close. Meanwhile, Tourism Enterprise Co. (SE:4170) added 9.89% or 15.00 points to end at 166.60 and Raydan Co (SE:6012) was up 9.30% or 1.98 points to 23.28 in late trade.

The worst performers of the session were Al Sagr Co-operative Insurance Co (SE:8180), which fell 3.45% or 0.60 points to trade at 16.78 at the close. Takween Advanced Industries (SE:1201) declined 2.60% or 0.52 points to end at 19.48 and Yanbu Cement Co. (SE:3060) was down 2.36% or 0.90 points to 37.20.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 109 to 106 and 6 ended unchanged.

Shares in Tourism Enterprise Co. (SE:4170) rose to 5-year highs; gaining 9.89% or 15.00 to 166.60.

Crude oil for January delivery was down 1.19% or 0.85 to $70.44 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 1.24% or 0.92 to hit $73.47 a barrel, while the February Gold Futures contract fell 1.18% or 21.10 to trade at $1767.20 a troy ounce.

EUR/SAR was up 0.17% to 4.2397, while USD/SAR rose 0.01% to 3.7514.

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The US Dollar Index Futures was down 0.02% at 96.250.

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