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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.30%

Published 12/31/2023, 07:45 AM
Updated 12/31/2023, 07:45 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.30% – Saudi Arabia stocks were higher after the close on Sunday, as gains in the Cement, Industrial Investment and Media & Publishing sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.30% to hit a new 52-week high.

The best performers of the session on the Tadawul All Share were National Metal Manufacturing Co. (TADAWUL:2220), which rose 9.97% or 1.80 points to trade at 19.86 at the close. Meanwhile, Saudi Arabian Mining Company (TADAWUL:1211) added 9.97% or 4.40 points to end at 48.55 and Saudi Arabian Amiantit Co. (TADAWUL:2160) was up 9.85% or 5.40 points to 60.20 in late trade.

The worst performers of the session were Al Sorayai Trading&Industrial Group (TADAWUL:1213), which fell 4.34% or 2.80 points to trade at 61.70 at the close. East Pipes Integrated Company for Industry (TADAWUL:1321) declined 1.69% or 1.40 points to end at 81.50 and City Cement Co (TADAWUL:3003) was down 1.43% or 0.30 points to 20.74.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 201 to 75 and 25 ended unchanged.

Shares in Saudi Arabian Amiantit Co. (TADAWUL:2160) rose to 52-week highs; rising 9.85% or 5.40 to 60.20.

Crude oil for February delivery was down 0.61% or 0.44 to $71.33 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.10% or 0.08 to hit $77.07 a barrel, while the February Gold Futures contract fell 0.56% or 11.70 to trade at $2,071.80 a troy ounce.

EUR/SAR was down 0.25% to 4.14, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was up 0.15% at 101.06.

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