Investing.com – Saudi Arabia stocks were higher after the close on Thursday, as gains in the Telecoms & IT, Insurance and Industrial Investment sectors led shares higher.
At the close in Saudi Arabia, the Tadawul All Share added 0.81%.
The best performers of the session on the Tadawul All Share were The Company for Coop. Insurance (SE:8010), which rose 6.98% or 7.75 points to trade at 118.75 at the close. Meanwhile, Taiba Holding Co. (SE:4090) added 5.51% or 2.20 points to end at 42.10 and Al-Rajhi Cooperative Insurance (SE:8230) was up 4.16% or 1.80 points to 45.10 in late trade.
The worst performers of the session were Dallah Healthcare Holding Company (SE:4004), which fell 2.49% or 2.50 points to trade at 98.00 at the close. Alinma Tokio Marine Co (SE:8312) declined 1.99% or 0.40 points to end at 19.70 and Saudi Electricity Company (SE:5110) was down 1.81% or 0.45 points to 24.45.
Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 74 to 56 and 40 ended unchanged.
Shares in The Company for Coop. Insurance (SE:8010) rose to 5-year highs; up 6.98% or 7.75 to 118.75. Shares in Taiba Holding Co. (SE:4090) rose to 52-week highs; rising 5.51% or 2.20 to 42.10. Shares in Al-Rajhi Cooperative Insurance (SE:8230) rose to 3-years highs; rising 4.16% or 1.80 to 45.10.
Crude oil for March delivery was up 0.56% or 0.30 to $53.41 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 0.61% or 0.34 to hit $56.09 a barrel, while the April Gold Futures contract rose 0.55% or 6.75 to trade at $1239.85 a troy ounce.
EUR/SAR was up 0.45% to 3.9940, while USD/SAR rose 0.01% to 3.7506.
The US Dollar Index Futures was down 0.48% at 100.59.