October 8, 2024

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.95%

Investing.com – Saudi Arabia stocks were higher after the close on Tuesday, as gains in the Industrial Investment, Real Estate Development and Financial Services sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.95%.

The best performers of the session on the Tadawul All Share were Al Baha Investment and Development Company SJSC (TADAWUL:4130), which rose 9.09% or 0.03 points to trade at 0.36 at the close. Meanwhile, Fawaz Abdulaziz AlHokair Company (TADAWUL:4240) added 7.19% or 0.71 points to end at 10.58 and Dar Alarkan Real Estate Development (TADAWUL:4300) was up 5.82% or 0.80 points to 14.54 in late trade.

The worst performers of the session were Saudi Fisheries Co. (TADAWUL:6050), which fell 4.19% or 1.20 points to trade at 27.45 at the close. First Milling Company SJSC (TADAWUL:2283) declined 3.72% or 2.60 points to end at 67.30 and Salama Cooperative Insurance Co (TADAWUL:8050) was down 3.70% or 0.92 points to 23.94.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 151 to 137 and 22 ended unchanged.

Shares in Al Baha Investment and Development Company SJSC (TADAWUL:4130) rose to 5-year highs; up 9.09% or 0.03 to 0.36.

Crude oil for November delivery was down 1.88% or 1.45 to $75.69 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 1.82% or 1.47 to hit $79.46 a barrel, while the December Gold Futures contract fell 0.00% or 0.10 to trade at $2,665.90 a troy ounce.

EUR/SAR was unchanged 0.01% to 4.12, while USD/SAR unchanged 0.03% to 3.75.

The US Dollar Index Futures was down 0.04% at 102.25.

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