Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.83%

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© Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.83%© Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.83%

Investing.com – Saudi Arabia stocks were higher after the close on Wednesday, as gains in the , and sectors led shares higher.

At the close in Saudi Arabia, the added 0.83% to hit a new 3-months high.

The best performers of the session on the were Kingdom Holding Company (SE:), which rose 9.88% or 0.66 points to trade at 7.34 at the close. Meanwhile, Alujain Corporation (SE:) added 7.69% or 2.00 points to end at 28.00 and Hail Cement Company (SE:) was up 6.92% or 0.74 points to 11.44 in late trade.

The worst performers of the session were Dar Alarkan Real Estate Development (SE:), which fell 2.32% or 0.24 points to trade at 10.10 at the close. Savola Group (SE:) declined 1.88% or 0.60 points to end at 31.25 and Arabian Centres Co (SE:) was down 1.49% or 0.45 points to 29.70.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 140 to 48 and 11 ended unchanged.

Shares in Alujain Corporation (SE:) rose to 52-week highs; rising 7.69% or 2.00 to 28.00. Shares in Hail Cement Company (SE:) rose to 52-week highs; up 6.92% or 0.74 to 11.44.

Crude oil for January delivery was down 0.30% or 0.18 to $59.06 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 0.45% or 0.29 to hit $64.05 a barrel, while the February Gold Futures contract rose 0.23% or 3.35 to trade at $1471.45 a troy ounce.

EUR/SAR was up 0.02% to 4.1601, while USD/SAR rose 0.01% to 3.7502.

The US Dollar Index Futures was up 0.03% at 97.415.

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