Saudi Arabia Stock Market Update

Investing.com – Saudi Arabia stocks were lower after the close on Thursday, led by losses in the Cement, Real Estate Development, and Hotels & Tourism sectors.

At the close, the Tadawul All Share lost 0.41%.

Best Performers

The best performers of the session included:
– Sumou Real Estate Company JSCC (TADAWUL:4323): up 9.98% (+4.05 points) at 44.65.
– Zamil Industrial Investment Co (TADAWUL:2240): up 6.62% (+2.10 points) at 33.80.
– Al Baha Investment and Development Company SJSC (TADAWUL:4130): up 6.45% (+0.02 points) at 0.33.

Worst Performers

The worst performers were:
– Makkah Construction & Development Co (TADAWUL:4100): down 3.04% (-3.60 points) at 114.80.
– Al Masane Al Kobra Mining Company CJSC (TADAWUL:1322): down 2.49% (-1.80 points) at 70.40.
– Al Etihad Cooperative Insurance Co SJSC (TADAWUL:8170): down 2.45% (-0.44 points) at 17.54.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 158 to 150, with 27 remaining unchanged.

Shares in Zamil Industrial Investment Co (TADAWUL:2240) reached a three-year high, rising 6.62% (+2.10) to 33.80.

Commodity Prices

• Crude Oil (January delivery): up 0.34% (+$0.24) to $70.53 per barrel.
• Brent Oil (February delivery): up 0.16% (+$0.12) to $73.64 per barrel.
• Gold Futures (February contract): down 0.65% (-$17.84) to $2,738.86 per troy ounce.

Currency Exchange Rates

• EUR/SAR: unchanged at 3.94 (0.01% change).
• USD/SAR: unchanged at 3.76 (0.03% change).

The US Dollar Index Futures was down 0.07% at 106.32.