Saudi Arabia stocks higher at close of trade; Tadawul All Share up 2.73%

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

At the close in Saudi Arabia, the rose 2.73%.

The best performers of the session on the were Hail Cement Company (SE:), which rose 10.00% or 1.12 points to trade at 12.32 at the close. Meanwhile, Ash-Sharqiyah Development Company (SE:) added 9.83% or 4.85 points to end at 54.20 and Eastern Province Cement Co. (SE:) was up 9.43% or 3.30 points to 38.30 in late trade.

The worst performers of the session were Jarir Marketing Co (SE:), which fell 0.71% or 1.20 points to trade at 166.80 at the close. United Electronics Company (SE:) declined 0.27% or 0.20 points to end at 75.00 and Saudi Indian Company Insurance (SE:) was 0.00% or 0.00 points to 9.50.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 197 to 2.

Shares in Hail Cement Company (SE:) rose to 3-years highs; up 10.00% or 1.12 to 12.32. Shares in Eastern Province Cement Co. (SE:) rose to 3-years highs; rising 9.43% or 3.30 to 38.30.

Crude oil for February delivery was down 0.34% or 0.20 to $59.41 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.38% or 0.25 to hit $65.19 a barrel, while the February Gold Futures contract fell 0.52% or 8.15 to trade at $1552.05 a troy ounce.

EUR/SAR was up 0.07% to 4.1680, while USD/SAR rose 0.01% to 3.7514.

The US Dollar Index Futures was up 0.13% at 97.120.

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