Saudi Arabia Stock Market Update

Investing.com – Saudi Arabia stocks were higher after the close on Monday, driven by gains in the Media & Publishing, Financial Services, and Real Estate Development sectors.

At the close in Saudi Arabia, the Tadawul All Share gained 0.16%.

Best Performers

• The National Co for Glass Industries (TADAWUL:2150): +9.11% or 4.50 points, trading at 53.90.
• Arriyadh Development Co. (TADAWUL:4150): +5.76% or 1.50 points, ending at 27.55.
• Al Masane Al Kobra Mining Company CJSC (TADAWUL:1322): +4.41% or 2.90 points, closing at 68.70.

Worst Performers

• East Pipes Integrated Company for Industry (TADAWUL:1321): -3.78% or 5.40 points, trading at 137.40.
• Arabian Pipes Company (TADAWUL:2200): -3.68% or 4.20 points, ending at 109.80.
• Alkhorayef Water and Power Technologies Co (TADAWUL:2081): -3.31% or 4.80 points, down to 140.00.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 184 to 123, with 19 ending unchanged.

Commodities Update

Crude oil for January delivery increased 0.67% or 0.45 to $67.37 a barrel. In commodities trading, Brent oil for January rose 0.69% or 0.49 to $71.53 a barrel, while December Gold Futures increased 1.13% or 29.00 to trade at $2,599.10 a troy ounce.

Currency Update

• EUR/SAR was unchanged at 3.96.
• USD/SAR remained stable at 3.75.

The US Dollar Index Futures was up 0.05% at 106.67.