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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.46%

Published 12/13/2021, 09:15 AM
Updated 12/13/2021, 09:15 AM
© Reuters Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.46%

Investing.com – Saudi Arabia stocks were higher after the close on Monday, as gains in the Building & Construction, Telecoms & IT and Hotels & Tourism sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.46%.

The best performers of the session on the Tadawul All Share were Al Sagr Co-operative Insurance Co (SE:8180), which rose 10.00% or 1.58 points to trade at 17.38 at the close. Meanwhile, Lazurde for Jewelry Co (SE:4011) added 9.98% or 2.00 points to end at 22.04 and Sadr Logistics Co (SE:1832) was up 8.88% or 10.80 points to 132.40 in late trade.

The worst performers of the session were Batic Investments and Logistics Co (SE:4110), which fell 3.17% or 0.90 points to trade at 27.50 at the close. Zahrat Al Waha for Trading Co (SE:3007) declined 2.80% or 2.50 points to end at 86.80 and Baazeem Trading Co (SE:4051) was down 2.59% or 3.20 points to 120.20.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 146 to 63 and 10 ended unchanged.

Shares in Sadr Logistics Co (SE:1832) rose to 3-years highs; rising 8.88% or 10.80 to 132.40.

Crude oil for January delivery was down 0.74% or 0.53 to $71.14 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 0.57% or 0.43 to hit $74.72 a barrel, while the February Gold Futures contract rose 0.03% or 0.60 to trade at $1785.40 a troy ounce.

EUR/SAR was down 0.15% to 4.2368, while USD/SAR fell 0.01% to 3.7513.

The US Dollar Index Futures was up 0.13% at 96.200.

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