Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.28%

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At the close in Saudi Arabia, the Tadawul All Share gained 1.28%.

The best performers of the session on the Tadawul All Share were Walaa Cooperative Insurance Company SJSC (TADAWUL:8060), which rose 8.42% or 1.18 points to trade at 15.20 at the close. Meanwhile, AlJazira Mawten REIT (TADAWUL:4331) added 5.77% or 0.98 points to end at 17.96 and Tanmiah Food Company SCJSC (TADAWUL:2281) was up 5.62% or 6.80 points to 127.80 in late trade.

The worst performers of the session were Development Works Food Co (TADAWUL:6013), which fell 2.55% or 4.00 points to trade at 153.00 at the close. Dallah Healthcare Holding Company (TADAWUL:4004) declined 2.46% or 3.60 points to end at 142.60 and Bindawood Holding Co (TADAWUL:4161) was down 2.40% or 1.20 points to 48.90.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 166 to 68 and 19 ended unchanged.

Shares in Tanmiah Food Company SCJSC (TADAWUL:2281) rose to all time highs; gaining 5.62% or 6.80 to 127.80.

Crude oil for February delivery was up 0.13% or 0.10 to $79.66 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.07% or 0.06 to hit $84.56 a barrel, while the February Gold Futures contract rose 0.34% or 6.05 to trade at $1,810.25 a troy ounce.

EUR/SAR was down 0.29% to 3.99, while USD/SAR unchanged 0.10% to 3.76.

The US Dollar Index Futures was up 0.06% at 104.07.