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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.26%

by January 26, 2025
written by January 26, 2025

Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the Real Estate Development, Hotels & Tourism and Energy & Utilities sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.26% to hit a new 6-months high.

The best performers of the session on the Tadawul All Share were Kingdom Holding Company (TADAWUL:4280), which rose 9.80% or 0.91 points to trade at 10.20 at the close. Meanwhile, Al Baha Investment and Development Company SJSC (TADAWUL:4130) added 9.30% or 0.04 points to end at 0.47 and Saudi Fisheries Co. (TADAWUL:6050) was up 7.84% or 1.78 points to 24.48 in late trade.

The worst performers of the session were AL JOUF CEMENT COMPANY (TADAWUL:3091), which fell 3.57% or 0.46 points to trade at 12.44 at the close. Arabian Pipes Company (TADAWUL:2200) declined 2.50% or 0.34 points to end at 13.26 and Rasan Information Technology (TADAWUL:8313) was down 1.94% or 1.80 points to 90.80.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 209 to 112 and 23 ended unchanged.

Crude oil for March delivery was up 0.05% or 0.04 to $74.66 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 0.27% or 0.21 to hit $77.55 a barrel, while the April Gold Futures contract rose 0.50% or 13.90 to trade at $2,806.60 a troy ounce.

EUR/SAR was up 0.77% to 3.93, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was down 0.57% at 107.25.

This post appeared first on investing.com
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