Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.18%

Saudi Arabia stocks were higher after the close on Thursday, as gains in the Petrochemicals, Industrial Investment and Retail sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.18% to hit a new 1-month high.

The best performers of the session on the Tadawul All Share were Saudi Industrial Development Co. (TADAWUL:2130), which rose 7.57% or 1.14 points to trade at 16.20 at the close. Meanwhile, Al Omran Industrial & Trading Co (TADAWUL:4141) added 6.87% or 1.22 points to end at 18.97 and Saudi Azm for Communication and Information Technology (TADAWUL:7211) was up 5.87% or 1.88 points to 33.92 in late trade.

The worst performers of the session were Raoom Trading Company SJSC (TADAWUL:4144), which fell 8.43% or 6.80 points to trade at 73.90 at the close. Saudi Fisheries Co. (TADAWUL:6050) declined 6.91% or 4.25 points to end at 57.25 and Kingdom Holding Company (TADAWUL:4280) was down 6.43% or 0.87 points to 12.65.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 198 to 139 and 16 ended unchanged.

Shares in Saudi Azm for Communication and Information Technology (TADAWUL:7211) rose to 52-week highs; gaining 5.87% or 1.88 to 33.92.

Crude oil for December delivery was down 0.89% or 0.77 to $85.76 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 0.72% or 0.67 to hit $92.09 a barrel, while the December Gold Futures contract fell 1.48% or 59.33 to trade at $3,941.17 a troy ounce.

EUR/SAR was unchanged 0.03% to 4.16, while USD/SAR unchanged 0.01% to 3.75.

The US Dollar Index Futures was up 0.04% at 102.86.