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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.37%

Published 01/21/2024, 07:45 AM
Updated 01/21/2024, 07:45 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.37%

Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the Transport, Media & Publishing and Hotels & Tourism sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.37%.

The best performers of the session on the Tadawul All Share were MBC Group CJSC (TADAWUL:4072), which rose 9.98% or 6.60 points to trade at 72.70 at the close. Meanwhile, Jamjoom Pharmaceuticals Factory Company SJSC (TADAWUL:4015) added 9.92% or 12.40 points to end at 137.40 and Takween Advanced Industries (TADAWUL:1201) was up 9.89% or 1.64 points to 18.22 in late trade.

The worst performers of the session were Riyadh Cement Co (TADAWUL:3092), which fell 3.23% or 1.00 points to trade at 29.95 at the close. Arabian Drilling Co (TADAWUL:2381) declined 2.72% or 5.60 points to end at 200.60 and National Medical Care Company (TADAWUL:4005) was down 2.69% or 5.00 points to 181.00.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 153 to 126 and 15 ended unchanged.

Shares in MBC Group CJSC (TADAWUL:4072) rose to all time highs; rising 9.98% or 6.60 to 72.70. Shares in Jamjoom Pharmaceuticals Factory Company SJSC (TADAWUL:4015) rose to all time highs; rising 9.92% or 12.40 to 137.40.

Crude oil for March delivery was down 0.70% or 0.52 to $73.43 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.63% or 0.50 to hit $78.60 a barrel, while the February Gold Futures contract rose 0.50% or 10.20 to trade at $2,031.80 a troy ounce.

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EUR/SAR was up 0.24% to 4.09, while USD/SAR unchanged 0.02% to 3.75.

The US Dollar Index Futures was down 0.27% at 103.03.

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