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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.24%

by January 12, 2025
written by January 12, 2025

Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the Building & Construction, Cement and Energy & Utilities sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.24% to hit a new 1-month high.

The best performers of the session on the Tadawul All Share were Fitaihi Holding Group (TADAWUL:4180), which rose 6.15% or 0.27 points to trade at 4.66 at the close. Meanwhile, Saudi Industrial Investment Group (TADAWUL:2250) added 5.59% or 0.90 points to end at 17.00 and Fawaz Abdulaziz AlHokair Company (TADAWUL:4240) was up 4.88% or 0.72 points to 15.46 in late trade.

The worst performers of the session were Arabian Pipes Company (TADAWUL:2200), which fell 3.62% or 0.46 points to trade at 12.24 at the close. Maharah for Human Resources (TADAWUL:1831) declined 2.75% or 0.19 points to end at 6.73 and Takween Advanced Industries (TADAWUL:1201) was down 2.39% or 0.26 points to 10.62.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 186 to 126 and 27 ended unchanged.

Shares in Fitaihi Holding Group (TADAWUL:4180) rose to 52-week highs; rising 6.15% or 0.27 to 4.66.

Crude oil for March delivery was up 3.58% or 2.65 to $75.75 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 3.69% or 2.84 to hit $79.76 a barrel, while the February Gold Futures contract rose 0.90% or 24.20 to trade at $2,715.00 a troy ounce.

EUR/SAR was down 0.52% to 3.85, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was up 0.45% at 109.49.

This post appeared first on investing.com
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