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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.98%

Published 09/30/2021, 10:15 AM
Updated 09/30/2021, 10:15 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.98%

Investing.com – Saudi Arabia stocks were higher after the close on Thursday, as gains in the Telecoms & IT, Financial Services and Industrial Investment sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.98% to hit a new 5-year high.

The best performers of the session on the Tadawul All Share were United Cooperative Assurance Co (SE:8190), which rose 4.18% or 1.35 points to trade at 33.65 at the close. Meanwhile, Arab Sea Information Systems Co SJSC (SE:7201) added 3.83% or 6.00 points to end at 162.80 and Batic Investments and Logistics Co (SE:4110) was up 3.39% or 1.45 points to 44.20 in late trade.

The worst performers of the session were Aseer Trading Tourism&Manufacturing (SE:4080), which fell 4.05% or 1.05 points to trade at 24.90 at the close. AlAhli Fund of REITs (SE:4338) declined 2.25% or 0.32 points to end at 13.92 and Saudi Research and Marketing Group (SE:4210) was down 1.94% or 3.20 points to 162.00.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 133 to 61 and 13 ended unchanged.

Shares in United Cooperative Assurance Co (SE:8190) rose to 5-year highs; rising 4.18% or 1.35 to 33.65. Shares in Arab Sea Information Systems Co SJSC (SE:7201) rose to all time highs; up 3.83% or 6.00 to 162.80.

Crude oil for November delivery was down 1.11% or 0.83 to $74.00 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 0.93% or 0.73 to hit $77.36 a barrel, while the December Gold Futures contract rose 1.47% or 25.40 to trade at $1748.30 a troy ounce.

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EUR/SAR was down 0.09% to 4.3451, while USD/SAR fell 0.01% to 3.7504.

The US Dollar Index Futures was down 0.04% at 94.312.

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