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Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.06%

Published 21/10/2024, 13:45
© Reuters Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.06%
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Investing.com – Saudi Arabia equities were higher at the close on Monday, as gains in the Financial Services, Media & Publishing and Cement sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 1.06%.

The biggest gainers of the session on the Tadawul All Share were Al Baha Investment and Development Company SJSC (TADAWUL:4130), which rose 8.00% or 0.02 points to trade at 0.27 at the close. Development Works Food Co (TADAWUL:6013) added 6.88% or 9.20 points to end at 143.00 and Saudi RE Cooperative Reinsurance (TADAWUL:8200) was up 6.83% or 2.40 points to 37.55 in late trade.

Biggest losers included MBC Group CJSC (TADAWUL:4072), which lost 3.48% or 1.55 points to trade at 43.00 in late trade. National Medical Care Company (TADAWUL:4005) declined 3.16% or 6.00 points to end at 184.00 and Red Sea Housing Services Company (TADAWUL:4230) shed 1.94% or 1.30 points to 65.60.

Advancing stocks outnumbered falling ones by 208 to 88 and 19 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for December delivery was up 1.75% or 1.20 to $69.89 a barrel. Meanwhile, Brent oil for delivery in December rose 1.48% or 1.08 to hit $74.14 a barrel, while the December Gold Futures contract rose 0.84% or 22.85 to trade at $2,752.85 a troy ounce.

EUR/SAR was unchanged 0.09% to 4.08, while USD/SAR unchanged 0.03% to 3.75.

The US Dollar Index Futures was up 0.09% at 103.40.

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