Saudi Arabia Stock Market Update

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

Market Overview

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

Best Performers

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

Worst Performers

The worst performers included:
– Saudi Fisheries Co. (TADAWUL:6050): down 4.19% or 1.20 points to trade at 27.45
– First Milling Company SJSC (TADAWUL:2283): down 3.72% or 2.60 points to end at 67.30
– Salama Cooperative Insurance Co (TADAWUL:8050): 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, with 22 remaining unchanged.

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

Commodities Update

Crude oil for November delivery decreased 1.88% or 1.45 to $75.69 a barrel. Similarly, other commodities included:
– Brent oil for December delivery: down 1.82% or 1.47 to $79.46 a barrel.
– December Gold Futures: down 0.00% or 0.10 to $2,665.90 a troy ounce.

Currency Exchange Rates

• EUR/SAR: unchanged at 4.12
• USD/SAR: unchanged at 3.75

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