Saudi Arabia Stock Market Update

Investing.com – Saudi Arabia stocks were higher after the close on Monday, driven by gains in the Energy & Utilities, Industrial Investment, and Agriculture & Food sectors.

At the close in Saudi Arabia, the Tadawul All Share added 0.31%.

Best Performers

The best performers of the session on the Tadawul All Share were:
– Saudi Industrial Development Co. (TADAWUL:2130): rose 4.27% or 1.15 points to trade at 28.10.
– Riyadh Cables Group Company CJSC (TADAWUL:4142): added 4.14% or 6.00 points to end at 151.00.
– Dr. Soliman Abdel Kader Fakeeh (TADAWUL:4017): up 4.12% or 2.80 points to 70.80 in late trade.

Worst Performers

The worst performers of the session were:
– Saudi Chemical Company (TADAWUL:2230): fell 3.59% or 0.37 points to trade at 9.93.
– Astra Industrial Group (TADAWUL:1212): declined 3.11% or 6.00 points to end at 187.00.
– National Medical Care Company (TADAWUL:4005): down 3.11% or 5.40 points to 168.00.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 197 to 111, with 26 ending unchanged.

Shares in Riyadh Cables Group Company CJSC (TADAWUL:4142) rose to all-time highs, up 4.14% or 6.00 to 151.00.

Commodity Prices

• Crude oil for January delivery was down 1.47% or 1.05 to $70.24 a barrel.
• Brent oil for February delivery fell 0.70% or 0.52 to $73.97 a barrel.
• February Gold Futures rose 0.13% or 3.50 to trade at $2,679.30 a troy ounce.

Currency Rates

• EUR/SAR was down 0.14% to 3.94.
• USD/SAR unchanged at 3.76.

The US Dollar Index Futures was down 0.03% at 106.65.