Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.31%

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

At the close in Saudi Arabia, the Tadawul All Share gained 0.31% to hit a new 1-month high.

The best performers of the session on the Tadawul All Share were Rasan Information Technology (TADAWUL:8313), which rose 7.13% or 5.20 points to trade at 78.10 at the close. Meanwhile, Miahona Holding SCJSC (TADAWUL:2084) added 6.75% or 1.85 points to end at 29.25 and Theeb Rent a Car Company SJSC (TADAWUL:4261) was up 6.59% or 4.90 points to 79.30 in late trade.

The worst performers of the session were Saudi Arabian Mining Company (TADAWUL:1211), which fell 4.09% or 2.30 points to trade at 53.90 at the close. Al Hokair Group (TADAWUL:1820) declined 3.18% or 0.09 points to end at 2.74 and International Company for Water and Power Projects (ACWA Power) (TADAWUL:2082) was down 2.95% or 13.40 points to 441.20.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 160 to 134 and 30 ended unchanged.

Shares in Rasan Information Technology (TADAWUL:8313) rose to all time highs; up 7.13% or 5.20 to 78.10. Shares in Theeb Rent a Car Company SJSC (TADAWUL:4261) rose to 52-week highs; up 6.59% or 4.90 to 79.30.

Crude oil for December delivery was down 1.02% or 0.73 to $70.96 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 0.77% or 0.58 to hit $74.34 a barrel, while the December Gold Futures contract rose 0.06% or 1.70 to trade at $2,678.00 a troy ounce.

EUR/SAR was up 0.24% to 4.04, while USD/SAR unchanged 0.01% to 3.76.

The US Dollar Index Futures was down 0.32% at 104.64.