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 Wednesday, as gains in the Media & Publishing, Building & Construction and Real Estate Development sectors led shares higher.

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

The best performers of the session on the Tadawul All Share were Red Sea Housing Services Company (TADAWUL:4230), which rose 9.96% or 4.80 points to trade at 53.00 at the close. Meanwhile, Batic Investments and Logistics Co (TADAWUL:4110) added 5.22% or 0.18 points to end at 3.63 and Saudi Awwal Bank SJSC (TADAWUL:1060) was up 4.32% or 1.45 points to 35.05 in late trade.

The worst performers of the session were Gulf Insurance Group (TADAWUL:8250), which fell 2.59% or 0.85 points to trade at 32.00 at the close. Tanmiah Food Company SCJSC (TADAWUL:2281) declined 2.56% or 3.80 points to end at 144.40 and Saudi Enaya Cooperative Insurance (TADAWUL:8311) was down 2.55% or 0.44 points to 16.84.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 173 to 116 and 24 ended unchanged.

Shares in Red Sea Housing Services Company (TADAWUL:4230) rose to 52-week highs; gaining 9.96% or 4.80 to 53.00.

Crude oil for November delivery was down 0.49% or 0.34 to $69.62 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 0.50% or 0.37 to hit $73.33 a barrel, while the December Gold Futures contract rose 0.39% or 10.20 to trade at $2,602.60 a troy ounce.

EUR/SAR was unchanged 0.07% to 4.18, while USD/SAR unchanged 0.01% to 3.75.

The US Dollar Index Futures was down 0.03% at 100.53.