Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.28%

investing.com 29/12/2024 - 12:45 PM

Saudi Arabia Stock Market Update

Investing.com – Saudi Arabia stocks were higher after the close on Sunday, with gains in the Real Estate Development, Insurance, and Energy & Utilities sectors leading shares upward.

At the close, the Tadawul All Share rose 0.28%.

Best Performers

  • BURUJ COOPERATIVE INSURANCE CO (TADAWUL:8270): +9.96% (+1.82 points) to 20.10
  • Arriyadh Development Co. (TADAWUL:4150): +9.34% (+2.95 points) to 34.55
  • Wataniya Insurance Company (TADAWUL:8300): +8.00% (+1.72 points) to 23.22

Worst Performers

  • Al Baha Investment and Development Company SJSC (TADAWUL:4130): -4.00% (-0.02 points) to 0.48
  • Saudi Cable Company (TADAWUL:2110): -2.94% (-3.00 points) to 99.20
  • Almarai Company (TADAWUL:2280): -2.46% (-1.40 points) to 55.50

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 182 to 121, with 28 stocks ending unchanged.

Shares in Arriyadh Development Co. (TADAWUL:4150) reached 5-year highs, up 9.34% (+2.95) to 34.55.

Commodity Prices

  • Crude oil for February delivery: +0.92% (+0.64) to $70.26 a barrel.
  • Brent oil for March: Unchanged at $73.79 a barrel.
  • February Gold Futures: -0.66% (-17.40) to $2,636.50 a troy ounce.

Currency Exchange Rates

  • EUR/SAR: +0.26% to 3.91
  • USD/SAR: Unchanged at 3.75

The US Dollar Index Futures was down 0.09% at 107.79.




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