Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.02%

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At the close in Saudi Arabia, the Tadawul All Share rose 1.02% to hit a new 5-year high.

The best performers of the session on the Tadawul All Share were BANK ALBILAD (SE:1140), which rose 5.79% or 3.00 points to trade at 54.80 at the close. Meanwhile, Riyad Bank (SE:1010) added 5.42% or 1.60 points to end at 31.10 and Saudi Marke (SE:4006) was up 4.76% or 1.40 points to 30.80 in late trade.

The worst performers of the session were The Company for Coop. Insurance (SE:8010), which fell 3.14% or 2.60 points to trade at 80.10 at the close. The National Co for Glass Industrie (SE:2150) declined 2.35% or 1.05 points to end at 43.65 and Arab Sea Information Systems Co SJSC (SE:7201) was down 2.30% or 4.60 points to 195.40.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 131 to 73 and 18 ended unchanged.

Shares in BANK ALBILAD (SE:1140) rose to 5-year highs; rising 5.79% or 3.00 to 54.80. Shares in Riyad Bank (SE:1010) rose to 5-year highs; rising 5.42% or 1.60 to 31.10.

Crude oil for February delivery was down 0.16% or 0.13 to $82.51 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.11% or 0.09 to hit $84.76 a barrel, while the February Gold Futures contract fell 0.28% or 5.05 to trade at $1822.25 a troy ounce.

EUR/SAR was up 0.29% to 4.3068, while USD/SAR rose 0.00% to 3.7532.

The US Dollar Index Futures was down 0.23% at 94.683.

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