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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.05% By Investing.com

by Index Investing News
December 25, 2023
in Stocks
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© Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.05%

Investing.com – Saudi Arabia stocks were higher after the close on Monday, as gains in the , and sectors led shares higher.

At the close in Saudi Arabia, the gained 1.05% to hit a new 3-months high.

The best performers of the session on the were BANK ALBILAD (TADAWUL:), which rose 5.18% or 2.20 points to trade at 44.65 at the close. Meanwhile, Leejam Sports Company SJSC (TADAWUL:) added 4.49% or 8.80 points to end at 204.80 and Riyadh Cables Group Company CJSC (TADAWUL:) was up 3.33% or 3.00 points to 93.00 in late trade.

The worst performers of the session were Sinad Holding Co (TADAWUL:), which fell 1.54% or 0.20 points to trade at 12.78 at the close. Raydan Co (TADAWUL:) declined 1.50% or 0.40 points to end at 26.30 and AL-BABTAIN POWER &TELECOM CO (TADAWUL:) was down 1.28% or 0.35 points to 27.00.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 170 to 103 and 28 ended unchanged.

Shares in Leejam Sports Company SJSC (TADAWUL:) rose to all time highs; rising 4.49% or 8.80 to 204.80. Shares in Riyadh Cables Group Company CJSC (TADAWUL:) rose to all time highs; up 3.33% or 3.00 to 93.00.

Crude oil for February delivery was down 0.54% or 0.40 to $73.49 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.26% or 0.21 to hit $78.80 a barrel, while the February Gold Futures contract rose 0.64% or 13.20 to trade at $2,064.50 a troy ounce.

EUR/SAR was unchanged 0.01% to 4.13, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was down 0.12% at 101.36.



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