Saudi Arabia Stocks Update

Investing.com – Saudi Arabia stocks were higher after the close on Tuesday, as gains in the Industrial Investment, Hotels & Tourism, and Transport sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.65%.

Top Performers

The best performers of the session on the Tadawul All Share were:
– Riyadh Cables Group Company CJSC (TADAWUL:4142): rose 8.03% or 10.60 points to trade at 142.60.
– Electrical Industries Co (TADAWUL:1303): added 6.20% or 0.46 points to end at 7.88.
– National Company for Learning and Education SJSC (TADAWUL:4291): was up 6.00% or 13.40 points to 236.80 in late trade.

Worst Performers

The worst performers of the session were:
– Saudi Real Estate Co. (TADAWUL:4020): fell 1.76% or 0.45 points to trade at 25.05.
– Sahara International Petrochemical Company SJSC (TADAWUL:2310): declined 1.53% or 0.38 points to end at 24.42.
– Tamkeen Human Resources Co (TADAWUL:1835): down 1.41% or 1.00 points to 70.00.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 221 to 88 and 23 ended unchanged.

Shares in Riyadh Cables Group Company CJSC and National Company for Learning and Education SJSC rose to all-time highs.

Commodities Update

Crude oil for January delivery was up 1.67% or 1.14 to $69.24 a barrel. Elsewhere in commodities trading:
– Brent oil for February rose 1.55% or 1.11 to $72.94 a barrel.
– February Gold Futures contract rose 0.19% or 5.11 to trade at $2,663.61 a troy ounce.

Currency Update

• EUR/SAR was up 0.17% to 3.95.
• USD/SAR unchanged 0.01% to 3.76.

The US Dollar Index Futures was down 0.15% at 106.26.