Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.44%

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.44%

© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.44% © Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.44%

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

At the close in Saudi Arabia, the Tadawul All Share rose 0.44% to hit a new 52-week high.

The best performers of the session on the Tadawul All Share were Al Sorayai Trading&Industrial Group (SE:1213), which rose 10.00% or 3.30 points to trade at 36.30 at the close. Meanwhile, Food Products Co. (SE:2100) added 9.97% or 14.20 points to end at 156.60 and Filing & Packing Materials Co. (SE:2180) was up 9.97% or 5.70 points to 62.90 in late trade.

The worst performers of the session were Dr Sulaiman Al Habib Medical Group (SE:4013), which fell 7.20% or 9.00 points to trade at 116.00 at the close. Saudi Industrial Services Co. (SE:2190) declined 3.96% or 1.25 points to end at 30.30 and Raydan Co (SE:6012) was down 3.94% or 1.40 points to 34.15.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 94 to 92 and 17 ended unchanged.

Shares in Al Sorayai Trading&Industrial Group (SE:1213) rose to 52-week highs; gaining 10.00% or 3.30 to 36.30. Shares in Food Products Co. (SE:2100) rose to 5-year highs; up 9.97% or 14.20 to 156.60. Shares in Filing & Packing Materials Co. (SE:) rose to 5-year highs; up 9.97% or 5.70 to 62.90.

Crude oil for January delivery was up 0.11% or 0.05 to $45.58 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 0.37% or 0.18 to hit $48.07 a barrel, while the February Gold Futures contract fell 0.78% or 13.90 to trade at $1774.20 a troy ounce.

EUR/SAR was up 0.30% to 4.4981, while USD/SAR rose 0.01% to 3.7505.

The US Dollar Index Futures was down 0.26% at 91.562.

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