Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.80%
Dec 09, 2024

Investing.com – Saudi Arabia stocks were higher after the close on Tuesday, as gains in the Media & Publishing , Petrochemicals and Telecoms & IT sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.80% to hit a new 1-month high.

The best performers of the session on the Tadawul All Share were Anaam International Holding Group (TADAWUL: 4061 ), which rose 6.77% or 0.09 points to trade at 1.42 at the close. Meanwhile, Saudi Research and Marketing Group (TADAWUL: 4210 ) added 4.23% or 11.60 points to end at 286.00 and Makkah Construction&Development Co (TADAWUL: 4100 ) was up 4.20% or 4.80 points to 119.00 in late trade.

The worst performers of the session were United International Holding (TADAWUL: 4083 ), which fell 5.09% or 8.40 points to trade at 156.60 at the close. Salama Cooperative Insurance Co (TADAWUL: 8050 ) declined 4.27% or 0.96 points to end at 21.52 and East Pipes Integrated Company for Industry (TADAWUL: 1321 ) was down 3.23% or 4.60 points to 138.00.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 158 to 156 and 27 ended unchanged.

Shares in United International Holding (TADAWUL: 4083 ) fell to all time lows; down 5.09% or 8.40 to 156.60.

Crude oil for January delivery was down 0.29% or 0.20 to $68.17 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 0.30% or 0.22 to hit $71.92 a barrel, while the February Gold Futures contract rose 0.51% or 13.65 to trade at $2,699.45 a troy ounce.

EUR/SAR was down 0.20% to 3.96, while USD/SAR unchanged 0.01% to 3.76.

The US Dollar Index Futures was up 0.19% at 106.03.