Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.29%

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At the close in Saudi Arabia, the Tadawul All Share rose 0.29%.

The best performers of the session on the Tadawul All Share were Alinma Tokio Marine Co (SE:8312), which rose 9.98% or 2.36 points to trade at 26.00 at the close. Meanwhile, Saudi Paper Manufacturing Co. (SE:2300) added 9.96% or 8.20 points to end at 90.50 and Al Sorayai Trading&Industrial Group (SE:1213) was up 9.93% or 2.34 points to 25.90 in late trade.

The worst performers of the session were Saudi Electricity Company (SE:5110), which fell 4.62% or 1.02 points to trade at 21.06 at the close. Zahrat Al Waha for Trading Co (SE:3007) declined 3.41% or 2.50 points to end at 70.90 and Ash-Sharqiyah Development Company (SE:6060) was down 3.26% or 3.00 points to 89.00.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 96 to 93 and 15 ended unchanged.

Shares in Alinma Tokio Marine Co (SE:8312) rose to 3-years highs; gaining 9.98% or 2.36 to 26.00. Shares in Saudi Paper Manufacturing Co. (SE:2300) rose to 5-year highs; rising 9.96% or 8.20 to 90.50. Shares in Al Sorayai Trading&Industrial Group (SE:1213) rose to 52-week highs; rising 9.93% or 2.34 to 25.90.

Crude oil for December delivery was up 4.81% or 1.93 to $42.06 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 4.32% or 1.85 to hit $44.63 a barrel, while the December Gold Futures contract rose 0.03% or 0.65 to trade at $1886.85 a troy ounce.

EUR/SAR was up 0.02% to 4.4372, while USD/SAR rose 0.00% to 3.7505.

The US Dollar Index Futures was down 0.05% at 92.707.

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