Saudi Arabia Stock Market Update

Investing.com – Saudi Arabian stocks rose after the close on Monday, fueled by gains in the Financial Services, Real Estate Development, and Retail sectors.

At the close, the Tadawul All Share index increased by 0.03%.

Top Performers

• Al Andalus Property Co SJSC (TADAWUL:4320): +5.47% (1.28 points), trading at 24.70.
• Rasan Information Technology (TADAWUL:8313): +5.16% (4.10 points), ending at 83.60.
• Dar Alarkan Real Estate Development (TADAWUL:4300): +5.09% (0.86 points), closing at 17.76.

Worst Performers

• Miahona Holding SCJSC (TADAWUL:2084): -4.68% (1.45 points), trading at 29.50.
• Riyadh Cement Co (TADAWUL:3092): -4.42% (1.45 points), ending at 31.35.
• Jamjoom Pharmaceuticals Factory Company SJSC (TADAWUL:4015): -4.08% (6.60 points), closing at 155.20.

Falling stocks outnumbered advancing ones on the Saudi Stock Exchange, with 174 declines, 131 advances, and 22 unchanged.

Rasan Information Technology reached all-time highs, while Dar Alarkan hit 52-week highs.

Commodities Update

Crude oil for December delivery fell 2.20% ($1.55) to $68.83 per barrel. Brent oil for January declined 1.94% ($1.43) to $72.44 per barrel. December Gold Futures dropped 1.07% ($28.95) to $2,665.85 per troy ounce.

EUR/SAR fell 0.52% to 4.00, while USD/SAR remained unchanged at 3.76.

The US Dollar Index Futures rose 0.50% to 105.41.