Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.49%

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

At the close in Saudi Arabia, the rose 1.49%.

The best performers of the session on the were Arabian Internet and Communications Services Co CSJC (TADAWUL:), which rose 7.67% or 18.80 points to trade at 264.00 at the close. Meanwhile, Arabian Pipes Company (TADAWUL:) added 7.54% or 2.65 points to end at 37.80 and Jabal Omar Development Company (TADAWUL:) was up 6.67% or 1.40 points to 22.40 in late trade.

The worst performers of the session were Gulf General Cooperative Insurance (TADAWUL:), which fell 2.58% or 0.24 points to trade at 9.06 at the close. Alamar Foods CJSC (TADAWUL:) declined 1.45% or 2.00 points to end at 135.60 and Savola Group (TADAWUL:) was down 1.02% or 0.30 points to 29.05.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 198 to 41 and 10 ended unchanged.

Crude oil for November delivery was up 2.07% or 1.73 to $85.36 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 2.25% or 2.00 to hit $90.86 a barrel, while the December Gold Futures contract rose 1.22% or 20.80 to trade at $1,722.80 a troy ounce.

EUR/SAR was up 1.29% to 3.74, while USD/SAR unchanged 0.01% to 3.76.

The US Dollar Index Futures was down 0.98% at 110.57.

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