Saudi Arabia Stock Market Update

Investing.com – Saudi Arabia stocks were higher after the close on Monday, as gains in the Financial Services, Transport, and Insurance sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 1.23%.

Best Performers

The best performers of the session on the Tadawul All Share were:
– Al Baha Investment and Development Company SJSC (TADAWUL:4130): rose 10.00% or 0.03 points to trade at 0.33.
– Al Omran Industrial & Trading Co (TADAWUL:4141): added 9.94% or 3.55 points to end at 39.25.
– Red Sea Housing Services Company (TADAWUL:4230): up 9.88% or 5.90 points to 65.60 in late trade.

Worst Performers

The worst performers of the session were:
– Retal Urban Development Company SJSC (TADAWUL:4322): fell 4.23% or 0.60 points to trade at 13.60.
– Kingdom Holding Company (TADAWUL:4280): declined 2.55% or 0.28 points to end at 10.70.
– United Wire Factories Company (TADAWUL:1301): down 1.77% or 0.55 points to 30.55.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange 228 to 73, with 11 ending unchanged.

Shares in Al Baha Investment and Development Company SJSC (TADAWUL:4130) rose to 5-year highs; up 10.00% or 0.03 to 0.33.

Commodity Prices

• Crude oil for November delivery was up 1.20% or 0.89 to $75.27 a barrel.
• Brent oil for December delivery rose 1.06% or 0.83 to hit $78.88 a barrel.
• December Gold Futures contract fell 0.26% or 6.95 to trade at $2,660.85 a troy ounce.

Currency Exchange Rates

• EUR/SAR was unchanged 0.01% to 4.12.

• USD/SAR unchanged 0.01% to 3.76.

• The US Dollar Index Futures was down 0.07% at 102.20.