Saudi Arabia Stock Market Update

Investing.com – Saudi Arabia stocks were higher after the close on Thursday, with gains in the Building & Construction, Industrial Investment, and Hotels & Tourism sectors pushing shares upward.

At the close in Saudi Arabia, the Tadawul All Share added 0.56%.

Best Performers

The best performers during the session on the Tadawul All Share included:
– Arab Sea Information Systems Co SJSC (TADAWUL:7201): rose 9.90% or 0.67 points to trade at 7.44.
– Al Aseel Co Ltd (TADAWUL:4012): increased 9.09% or 0.40 points to close at 4.80.
– Al Baha Investment and Development Company SJSC (TADAWUL:4130): up 7.69% or 0.03 points to 0.42.

Worst Performers

The worst performers of the session were:
– Herfy Food Services Co (TADAWUL:6002): fell 4.11% or 1.15 points to trade at 26.80.
– Sedco Capital REIT (TADAWUL:4344): declined 3.60% or 0.31 points to end at 8.29.
– Yamamah Saudi Cement Co. (TADAWUL:3020): down 2.18% or 0.65 points to 29.15.

Market Overview

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 221 to 70, with 20 ending unchanged.

Shares in Al Baha Investment and Development Company SJSC (TADAWUL:4130) reached 5-year highs, up 7.69% or 0.03 points to 0.42.

Commodity Prices

• Crude oil for November delivery rose 1.88% or 1.38, reaching $74.62 a barrel.
• Brent oil for December delivery increased 1.83% or 1.40, hitting $77.98 a barrel.
• December Gold Futures rose 0.61% or 16.00, trading at $2,642.00 a troy ounce.

Currency Exchange

• EUR/SAR unchanged 0.00% at 4.11.
• USD/SAR unchanged 0.00% at 3.75.
• The US Dollar Index Futures slipped 0.11% to 102.58.