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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.28%

Published 12/12/2021, 09:15 AM
Updated 12/12/2021, 09:55 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.28%

Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the Building & Construction, Industrial Investment and Transport sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.28%.

The best performers of the session on the Tadawul All Share were Al Omran Industrial & Trading Co (SE:4141), which rose 10.00% or 10.20 points to trade at 112.20 at the close. Meanwhile, Wafrah for Industry and Development Company SJSC (SE:2100) added 10.00% or 14.00 points to end at 154.00 and Development Works Food Co (SE:6013) was up 9.94% or 25.00 points to 276.60 in late trade.

The worst performers of the session were Sadr Logistics Co (SE:1832), which fell 3.49% or 4.40 points to trade at 121.60 at the close. Saudi Telecom (SE:7010) declined 2.73% or 3.00 points to end at 107.00 and Arabian Centres Co (SE:4321) was down 2.39% or 0.54 points to 22.06.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 154 to 54 and 11 ended unchanged.

Shares in Development Works Food Co (SE:6013) rose to all time highs; up 9.94% or 25.00 to 276.60.

Crude oil for January delivery was up 1.42% or 1.01 to $71.95 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 1.25% or 0.93 to hit $75.35 a barrel, while the February Gold Futures contract rose 0.37% or 6.50 to trade at $1783.20 a troy ounce.

EUR/SAR was up 0.18% to 4.2436, while USD/SAR rose 0.01% to 3.7514.

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The US Dollar Index Futures was unchanged 0.00% at 96.074.

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