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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.22%

Published 03/11/2024, 12:45
Updated 03/11/2024, 12:50
© Reuters.  Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.22%
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Investing.com – Saudi Arabia equities were higher at the close on Sunday, as gains in the Energy & Utilities, Industrial Investment and Hotels & Tourism sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.22%.

The biggest gainers of the session on the Tadawul All Share were Riyadh Cables Group Company CJSC (TADAWUL:4142), which rose 9.98% or 10.20 points to trade at 112.40 at the close. MBC Group CJSC (TADAWUL:4072) added 9.98% or 4.15 points to end at 45.75 and Anaam International Holding Group (TADAWUL:4061) was up 8.00% or 0.10 points to 1.35 in late trade.

Biggest losers included Jabal Omar Development Company (TADAWUL:4250), which lost 4.19% or 0.94 points to trade at 21.48 in late trade. Rasan Information Technology (TADAWUL:8313) declined 3.95% or 2.90 points to end at 70.50 and Fourth Milling CoSJSC (TADAWUL:2286) shed 3.90% or 0.20 points to 4.93.

Declining stocks outnumbered rising ones by 183 to 119 and 22 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for December delivery was up 0.33% or 0.23 to $69.49 a barrel. Meanwhile, Brent oil for delivery in January rose 0.40% or 0.29 to hit $73.10 a barrel, while the December Gold Futures contract fell 0.00% or 0.10 to trade at $2,749.20 a troy ounce.

EUR/SAR was down 0.49% to 4.07, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was up 0.32% at 104.20.

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