Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.14%

Investing.com – Saudi Arabia stocks were higher after the close on Tuesday, as gains in the Energy & Utilities, Cement and Agriculture & Food sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 1.14% to hit a new 3-months high.

The best performers of the session on the Tadawul All Share were Red Sea Housing Services Company (TADAWUL:4230), which rose 9.95% or 6.20 points to trade at 68.50 at the close. Meanwhile, Saudi Fisheries Co. (TADAWUL:6050) added 9.85% or 2.31 points to end at 25.75 and International Company for Water and Power Projects (ACWA Power) (TADAWUL:2082) was up 6.57% or 27.60 points to 448.00 in late trade.

The worst performers of the session were Maharah for Human Resources (TADAWUL:1831), which fell 5.37% or 0.41 points to trade at 7.22 at the close. Retal Urban Development Company SJSC (TADAWUL:4322) declined 2.81% or 0.42 points to end at 14.52 and Dar Alarkan Real Estate Development (TADAWUL:4300) was down 2.64% or 0.40 points to 14.74.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 144 to 140 and 24 ended unchanged.

Shares in Red Sea Housing Services Company (TADAWUL:4230) rose to 5-year highs; up 9.95% or 6.20 to 68.50.

Crude oil for November delivery was up 2.15% or 1.51 to $71.88 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 1.91% or 1.40 to hit $74.61 a barrel, while the December Gold Futures contract rose 0.00% or 0.10 to trade at $2,652.60 a troy ounce.

EUR/SAR was up 0.17% to 4.18, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was down 0.14% at 100.42.