Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.23%

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At the close in Saudi Arabia, the Tadawul All Share added 0.23% to hit a new 5-year high.

The best performers of the session on the Tadawul All Share were Red Sea Housing Services Company (SE:4230), which rose 9.95% or 2.18 points to trade at 24.08 at the close. Meanwhile, Saudi Tadawul Group Holding Co (SE:1111) added 5.38% or 8.60 points to end at 168.60 and The Saudi British Bank (SE:1060) was up 4.90% or 1.95 points to 41.75 in late trade.

The worst performers of the session were Saudi Arabian Mining Company (SE:1211), which fell 2.64% or 2.40 points to trade at 88.60 at the close. Etihad Atheeb Telecommunication (SE:7040) declined 2.47% or 0.800 points to end at 31.650 and Jarir Marketing Co (SE:4190) was down 2.23% or 4.60 points to 201.60.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 108 to 98 and 16 ended unchanged.

Shares in Saudi Tadawul Group Holding Co (SE:1111) rose to all time highs; up 5.38% or 8.60 to 168.60. Shares in The Saudi British Bank (SE:1060) rose to 52-week highs; rising 4.90% or 1.95 to 41.75.

Crude oil for March delivery was up 1.27% or 1.06 to $84.36 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.89% or 0.77 to hit $87.25 a barrel, while the February Gold Futures contract fell 0.05% or 0.95 to trade at $1815.55 a troy ounce.

EUR/SAR was down 0.32% to 4.2663, while USD/SAR fell 0.05% to 3.7505.

The US Dollar Index Futures was up 0.34% at 95.487.