Saudi Arabia Stock Market Update

Investing.com – Saudi Arabia stocks were higher after the close on Thursday, driven by gains in the Energy & Utilities, Media & Publishing, and Retail sectors.

At the close, the Tadawul All Share rose 0.25%, reaching a new three-month high.

Top Performers

• Arab Sea Information Systems Co SJSC (TADAWUL:7201): +9.91% (0.66 points) to 7.32
• Batic Investments and Logistics Co (TADAWUL:4110): +8.47% (0.30 points) to 3.84
• Thimar Development Holding Co (TADAWUL:4160): +6.29% (2.90 points) to 49.00

Worst Performers

• AlJazira Mawten REIT (TADAWUL:4331): -3.17% (0.58 points) to 17.72
• Red Sea Housing Services Company (TADAWUL:4230): -3.00% (2.10 points) to 68.00
• Saudi Paper Manufacturing Co. (TADAWUL:2300): -2.21% (1.50 points) to 66.50

Market Overview

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 158 to 123, with 27 ending unchanged. Batic Investments and Logistics Co reached five-year highs, rising 8.47% to 3.84.

Commodities Update

• Crude Oil (November): -2.34% to $68.06 a barrel
• Brent Oil (December): -2.11% to $71.36 a barrel
• Gold (December Futures): +0.51% to $2,698.40 a troy ounce

Currency Summary

• EUR/SAR: Unchanged at 4.18
• USD/SAR: Unchanged at 3.75
• US Dollar Index Futures: -0.18% at 100.44