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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.30%

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December 31, 2024
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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.30%

Investing.com – Saudi Arabia stocks were higher after the close on Tuesday, as gains in the Media & Publishing, Industrial Investment and Building & Construction sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.30%.

The best performers of the session on the Tadawul All Share were Riyad REIT (TADAWUL:4330), which rose 6.42% or 0.41 points to trade at 6.80 at the close. Meanwhile, AL-BABTAIN POWER &TELECOM CO (TADAWUL:2320) added 4.84% or 1.80 points to end at 39.00 and Red Sea Housing Services Company (TADAWUL:4230) was up 4.59% or 2.70 points to 61.50 in late trade.

The worst performers of the session were Saudi Industrial Development Co. (TADAWUL:2130), which fell 4.36% or 1.35 points to trade at 29.60 at the close. Al Baha Investment and Development Company SJSC (TADAWUL:4130) declined 4.08% or 0.02 points to end at 0.47 and Saudi Chemical Company (TADAWUL:2230) was down 2.11% or 0.20 points to 9.27.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 211 to 101 and 25 ended unchanged.

Crude oil for February delivery was up 0.34% or 0.24 to $71.23 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.24% or 0.18 to hit $74.17 a barrel, while the February Gold Futures contract rose 0.26% or 6.81 to trade at $2,624.91 a troy ounce.

EUR/SAR was unchanged 0.03% to 3.91, while USD/SAR unchanged 0.02% to 3.76.

The US Dollar Index Futures was down 0.04% at 107.89.

This post appeared first on investing.com
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