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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.79%

Published 02/22/2022, 09:15 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.79%

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

At the close in Saudi Arabia, the Tadawul All Share rose 0.79% to hit a new 5-year high.

The best performers of the session on the Tadawul All Share were Seera Group Holding (SE:1810), which rose 5.04% or 0.98 points to trade at 20.42 at the close. Meanwhile, Leejam Sports Company SJSC (SE:1830) added 4.58% or 5.80 points to end at 132.40 and Dar Alarkan Real Estate Development (SE:4300) was up 4.38% or 0.46 points to 10.96 in late trade.

The worst performers of the session were Middle East Paper Co (SE:1202), which fell 3.40% or 1.80 points to trade at 51.20 at the close. Al Rajhi REIT (SE:4340) declined 3.23% or 0.38 points to end at 11.40 and National Company for Learning and Education SJSC (SE:4291) was down 3.04% or 1.90 points to 60.60.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 0 to 0.

Shares in Dar Alarkan Real Estate Development (SE:4300) rose to 52-week highs; up 4.38% or 0.46 to 10.96.

Crude oil for April delivery was up 3.68% or 3.32 to $93.53 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 2.10% or 1.95 to hit $94.94 a barrel, while the April Gold Futures contract rose 0.63% or 12.05 to trade at $1911.85 a troy ounce.

EUR/SAR was up 0.01% to 4.2438, while USD/SAR rose 0.01% to 3.7519.

The US Dollar Index Futures was up 0.10% at 96.112.

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