Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.36%

Sep 01,2024

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.36%
Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.36%

Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the Retail, Hotels&Tourism and Industrial Investment sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.36%.

The best performers of the session on the Tadawul All Share were Saudi Arabian Amiantit Co. (TADAWUL:2160), which rose 9.04% or 2.65 points to trade at 31.95 at the close. Meanwhile, Saudi Automotive Services Co. (TADAWUL:4050) added 7.57% or 5.50 points to end at 78.20 and Methanol Chemicals Company (TADAWUL:2001) was up 7.36% or 1.14 points to 16.62 in late trade.

The worst performers of the session were Raydan Co (TADAWUL:6012), which fell 3.30% or 0.95 points to trade at 27.80 at the close. Al Rajhi REIT (TADAWUL:4340) declined 2.47% or 0.21 points to end at 8.29 and Bupa Arabia for Coop. Insurance (TADAWUL:8210) was down 2.32% or 5.40 points to 227.00.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 188 to 105 and 22 ended unchanged.

Shares in Saudi Arabian Amiantit Co. (TADAWUL:2160) rose to 52-week highs; gaining 9.04% or 2.65 to 31.95.

Crude oil for October delivery was down 2.98% or 2.26 to $73.65 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 2.40% or 1.89 to hit $76.93 a barrel, while the December Gold Futures contract fell 0.95% or 24.30 to trade at $2,536.00 a troy ounce.

EUR/SAR was down 0.24% to 4.15, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was up 0.35% at 101.62.

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