Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.64%

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.64%

© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.64% © Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.64%

Investing.com – Saudi Arabia stocks were higher after the close on Monday, as gains in the Building & Construction, Agriculture & Food and Industrial Investment sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.64%.

The best performers of the session on the Tadawul All Share were Food Products Co. (SE:2100), which rose 10.00% or 15.40 points to trade at 169.40 at the close. Meanwhile, Al Samaani Factory Metal Industries Co CJSC (SE:1832) added 10.00% or 22.40 points to end at 246.40 and Halwani Bros (SE:6001) was up 9.95% or 8.70 points to 96.10 in late trade.

The worst performers of the session were Al Andalus Property Co SJSC (SE:4320), which fell 1.33% or 0.28 points to trade at 20.70 at the close. Mefic REIT (SE:4346) declined 0.83% or 0.06 points to end at 7.18 and Ash-Sharqiyah Development Company (SE:6060) was down 0.80% or 0.80 points to 98.90.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 167 to 26 and 10 ended unchanged.

Shares in Halwani Bros (SE:6001) rose to all time highs; rising 9.95% or 8.70 to 96.10.

Crude oil for February delivery was up 0.43% or 0.21 to $48.73 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.89% or 0.46 to hit $52.26 a barrel, while the February Gold Futures contract rose 2.64% or 50.05 to trade at $1945.15 a troy ounce.

EUR/SAR was up 0.52% to 4.6132, while USD/SAR fell 0.01% to 3.7512.

The US Dollar Index Futures was down 0.41% at 89.523.

Original Article

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