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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.44%

by November 28, 2024
written by November 28, 2024

Investing.com – Saudi Arabia stocks were higher after the close on Thursday, as gains in the Hotels & Tourism, Agriculture & Food and Insurance sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.44%.

The best performers of the session on the Tadawul All Share were Zamil Industrial Investment Co (TADAWUL:2240), which rose 8.70% or 2.35 points to trade at 29.35 at the close. Meanwhile, Dr Soliman Abdel Kader Fakeeh (TADAWUL:4017) added 5.66% or 3.40 points to end at 63.50 and Al Sorayai Trading&Industrial Group (TADAWUL:1213) was up 3.70% or 3.30 points to 92.40 in late trade.

The worst performers of the session were Saudi Cable Company (TADAWUL:2110), which fell 6.93% or 6.30 points to trade at 84.60 at the close. Saudi Enaya Cooperative Insurance (TADAWUL:8311) declined 4.25% or 0.58 points to end at 13.08 and Saudi Automotive Services Co. (TADAWUL:4050) was down 4.23% or 3.00 points to 68.00.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 177 to 122 and 30 ended unchanged.

Shares in Saudi Enaya Cooperative Insurance (TADAWUL:8311) fell to 52-week lows; losing 4.25% or 0.58 to 13.08.

Crude oil for January delivery was up 0.51% or 0.35 to $69.07 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.61% or 0.44 to hit $72.74 a barrel, while the February Gold Futures contract rose 0.18% or 4.89 to trade at $2,669.69 a troy ounce.

EUR/SAR was unchanged 0.12% to 3.96, while USD/SAR unchanged 0.00% to 3.76.

The US Dollar Index Futures was up 0.17% at 106.23.

This post appeared first on investing.com
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