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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.31%

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.31% – Saudi Arabia stocks were higher after the close on Tuesday, as gains in the Media & Publishing, Telecoms & IT and Insurance sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.31%.

The best performers of the session on the Tadawul All Share were Thimar Development Holding Co (TADAWUL:4160), which rose 9.92% or 2.55 points to trade at 28.25 at the close. Meanwhile, Filing & Packing Materials Co. (TADAWUL:2180) added 7.09% or 3.60 points to end at 54.40 and Arriyadh Development Co. (TADAWUL:4150) was up 5.03% or 1.02 points to 21.28 in late trade.

The worst performers of the session were Al Baha Investment and Development Company SJSC (TADAWUL:4130), which fell 6.25% or 0.01 points to trade at 0.15 at the close. Al Rajhi REIT (TADAWUL:4340) declined 3.20% or 0.27 points to end at 8.16 and Southern Province Cement Co. (TADAWUL:3050) was down 2.48% or 1.15 points to 45.20.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 142 to 116 and 23 ended unchanged.

Shares in Filing & Packing Materials Co. (TADAWUL:2180) rose to 52-week highs; rising 7.09% or 3.60 to 54.40. Shares in Al Rajhi REIT (TADAWUL:4340) fell to 3-years lows; losing 3.20% or 0.27 to 8.16.

Crude oil for November delivery was up 1.38% or 1.25 to $91.83 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 1.05% or 0.99 to hit $95.42 a barrel, while the December Gold Futures contract fell 0.01% or 0.25 to trade at $1,953.15 a troy ounce.

EUR/SAR was unchanged 0.06% to 4.01, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was down 0.13% at 104.72.


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