Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.63%

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At the close in Saudi Arabia, the Tadawul All Share rose 0.63% to hit a new 5-year high.

The best performers of the session on the Tadawul All Share were Middle East Specialized Cables Co (SE:2370), which rose 6.63% or 1.42 points to trade at 22.84 at the close. Meanwhile, Rabigh Refining & Petrochemical Co (SE:2380) added 6.21% or 1.80 points to end at 30.80 and Jabal Omar Development Company (SE:4250) was up 5.82% or 1.70 points to 30.90 in late trade.

The worst performers of the session were Batic Investments and Logistics Co (SE:4110), which fell 2.48% or 1.15 points to trade at 45.30 at the close. Saudi Industrial Services Co. (SE:2190) declined 1.71% or 0.65 points to end at 37.35 and Tanmiah Food Company SCJSC (SE:2281) was down 1.46% or 1.40 points to 94.30.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 160 to 37 and 13 ended unchanged.

Shares in Rabigh Refining & Petrochemical Co (SE:2380) rose to 3-years highs; rising 6.21% or 1.80 to 30.80.

Crude oil for December delivery was unchanged 0.00% or 0.00 to $81.73 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 1.00% or 0.84 to hit $84.84 a barrel, while the December Gold Futures contract fell 1.65% or 29.70 to trade at $1768.20 a troy ounce.

EUR/SAR was up 0.06% to 4.3513, while USD/SAR rose 0.00% to 3.7508.

The US Dollar Index Futures was down 0.00% at 93.960.