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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.21%

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January 2, 2025
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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.21%

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

At the close in Saudi Arabia, the Tadawul All Share rose 0.21%.

The best performers of the session on the Tadawul All Share were Tihama Advertising&Public Relations (TADAWUL:4070), which rose 9.91% or 1.52 points to trade at 16.86 at the close. Meanwhile, Zamil Industrial Investment Co (TADAWUL:2240) added 8.01% or 2.60 points to end at 35.05 and Al Yamamah Steel Industries Co (TADAWUL:1304) was up 5.42% or 1.85 points to 36.00 in late trade.

The worst performers of the session were Arabian Cement Co (TADAWUL:3010), which fell 5.81% or 1.50 points to trade at 24.30 at the close. Riyadh Cement Co (TADAWUL:3092) declined 5.45% or 1.75 points to end at 30.35 and Yamamah Saudi Cement Co. (TADAWUL:3020) was down 5.26% or 1.85 points to 33.35.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 174 to 138 and 26 ended unchanged.

Shares in Zamil Industrial Investment Co (TADAWUL:2240) rose to 3-years highs; rising 8.01% or 2.60 to 35.05.

Crude oil for February delivery was up 1.48% or 1.06 to $72.78 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 1.45% or 1.08 to hit $75.72 a barrel, while the February Gold Futures contract rose 0.67% or 17.81 to trade at $2,658.81 a troy ounce.

EUR/SAR was down 0.20% to 3.88, while USD/SAR unchanged 0.02% to 3.76.

The US Dollar Index Futures was up 0.27% at 108.59.

This post appeared first on investing.com
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