Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.73%

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At the close in Saudi Arabia, the Tadawul All Share gained 0.73%.

The best performers of the session on the Tadawul All Share were International Company for Water and Power Projects (ACWA Power) (SE:2082), which rose 5.40% or 4.30 points to trade at 84.00 at the close. Meanwhile, Saudi Research and Marketing Group (SE:4210) added 4.92% or 9.20 points to end at 196.20 and Allied Cooperative Insurance Group SJSC (SE:8150) was up 4.21% or 0.95 points to 23.60 in late trade.

The worst performers of the session were Sadr Logistics Co (SE:1832), which fell 9.86% or 11.20 points to trade at 102.40 at the close. Saudi Cable Company (SE:2110) declined 2.30% or 0.46 points to end at 19.52 and Zamil Industrial Investment Co (SE:2240) was down 1.94% or 0.55 points to 27.75.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 115 to 93 and 13 ended unchanged.

Shares in International Company for Water and Power Projects (ACWA Power) (SE:2082) rose to all time highs; rising 5.40% or 4.30 to 84.00. Shares in Saudi Research and Marketing Group (SE:4210) rose to all time highs; up 4.92% or 9.20 to 196.20. Shares in Allied Cooperative Insurance Group SJSC (SE:8150) rose to 52-week lows; gaining 4.21% or 0.95 to 23.60.

Crude oil for February delivery was up 0.33% or 0.25 to $76.81 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.27% or 0.21 to hit $79.42 a barrel, while the February Gold Futures contract fell 0.20% or 3.65 to trade at $1802.15 a troy ounce.

EUR/SAR was down 0.30% to 4.2463, while USD/SAR fell 0.00% to 3.7542.

The US Dollar Index Futures was up 0.20% at 96.120.