Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.16%

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At the close in Saudi Arabia, the Tadawul All Share gained 0.16% to hit a new 1-month high.

The best performers of the session on the Tadawul All Share were Fawaz Abdulaziz AlHokair Company (TADAWUL:4240), which rose 9.98% or 1.60 points to trade at 17.64 at the close. Meanwhile, Al Hokair Group (TADAWUL:1820) added 7.65% or 1.76 points to end at 24.76 and Halwani Bros (TADAWUL:6001) was up 7.64% or 4.10 points to 57.80 in late trade.

The worst performers of the session were Development Works Food Co (TADAWUL:6013), which fell 3.27% or 5.60 points to trade at 165.80 at the close. International Company for Water and Power Projects (ACWA Power) (TADAWUL:2082) declined 3.08% or 4.80 points to end at 150.80 and Tihama Advertising&Public Relations (TADAWUL:4070) was down 2.80% or 2.70 points to 93.80.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 124 to 118 and 20 ended unchanged.

Crude oil for March delivery was down 2.01% or 1.63 to $79.38 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April unchanged 0.00% or 0.00 to hit $86.40 a barrel, while the February Gold Futures contract fell 0.10% or 2.00 to trade at $1,928.00 a troy ounce.

EUR/SAR was down 0.18% to 4.08, while USD/SAR unchanged 0.01% to 3.75.

The US Dollar Index Futures was up 0.10% at 101.74.