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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.05%

Published 11/26/2020, 09:15 AM
Updated 11/26/2020, 09:15 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.05%

Investing.com – Saudi Arabia stocks were higher after the close on Thursday, as gains in the Energy & Utilities, Transport and Petrochemicals sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.05% to hit a new 52-week high.

The best performers of the session on the Tadawul All Share were Dr Sulaiman Al Habib Medical Group (SE:4013), which rose 7.48% or 8.00 points to trade at 115.00 at the close. Meanwhile, Saudi RE Cooperative Reinsurance (SE:8200) added 5.26% or 0.70 points to end at 14.00 and Saudi Automotive Services Co. (SE:4050) was up 4.85% or 1.45 points to 31.35 in late trade.

The worst performers of the session were Tourism Enterprise Co. (SE:4170), which fell 7.96% or 5.70 points to trade at 65.90 at the close. Saudi Industrial Export Co (SE:4140) declined 7.50% or 8.10 points to end at 99.90 and Anaam International Holding Group (SE:4061) was down 6.56% or 12.00 points to 171.00.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 140 to 55 and 8 ended unchanged.

Shares in Dr Sulaiman Al Habib Medical Group (SE:4013) rose to all time highs; up 7.48% or 8.00 to 115.00. Shares in Saudi RE Cooperative Reinsurance (SE:8200) rose to 5-year highs; up 5.26% or 0.70 to 14.00.

Crude oil for January delivery was down 0.96% or 0.44 to $45.27 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 1.09% or 0.53 to hit $48.00 a barrel, while the December Gold Futures contract rose 0.32% or 5.75 to trade at $1811.25 a troy ounce.

EUR/SAR was down 0.11% to 4.4624, while USD/SAR rose 0.01% to 3.7504.

The US Dollar Index Futures was up 0.15% at 92.108.

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