Saudi Arabia Stock Market Update

Investing.com – Saudi Arabia stocks were higher after the close on Thursday, as gains in the Energy & Utilities, Industrial Investment, and Multi Investment sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.03%.

Top Performers

• Astra Industrial Group (TADAWUL:1212): rose 7.10% (+11.80 points) to trade at 178.00.
• Power and Water Utility Company for Jubail and Yanbu (TADAWUL:2083): added 5.95% (+3.30 points) to end at 58.80.
• Electrical Industries Co (TADAWUL:1303): was up 5.42% (+0.41 points) to 7.97 in late trade.

Worst Performers

• Arabian Pipes Company (TADAWUL:2200): fell 5.75% (-8.00 points) to trade at 131.20.
• Americana Restaurants (TADAWUL:6015): declined 4.60% (-0.11 points) to end at 2.28.
• Arabia Insurance Cooperative Co (TADAWUL:8160): down 3.37% (-0.44 points) to 12.62.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 154 to 143 and 23 ended unchanged.

Notable Stock Movements

Shares in Americana Restaurants (TADAWUL:6015) fell to all-time lows, while shares in Electrical Industries Co (TADAWUL:1303) reached all-time highs.

Commodities Update

• Crude oil for December delivery was up 0.90% (+0.62) to $69.23 a barrel.
• Brent oil for January rose 0.90% (+0.65) to hit $72.81 a barrel.
• December Gold Futures contract fell 0.56% (-15.65) to trade at $2,785.15 a troy ounce.

Currency Update

• EUR/SAR was up 0.19% to 4.09.
• USD/SAR remained unchanged at 3.76.
• US Dollar Index Futures was down 0.09% at 103.76.