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Thursday, November 21, 2019

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.11%

© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.11%© Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.11%

Investing.com – Saudi Arabia stocks were higher after the close on Thursday, as gains in the Financial Services, Petrochemicals and Transport sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.11% to hit a new 1-month high.

The best performers of the session on the Tadawul All Share were Middle East Healthcare Co CJSC (SE:4009), which rose 3.05% or 0.80 points to trade at 27.00 at the close. Meanwhile, Al Baha Investment and Development Company SJSC (SE:4130) added 2.76% or 0.42 points to end at 15.62 and Saudi Arabia Refineries Co. (SE:2030) was up 2.60% or 1.10 points to 43.40 in late trade.

The worst performers of the session were Al Kathiri Holding Co (SE:3008), which fell 6.94% or 9.80 points to trade at 131.40 at the close. Al Aseel Co Ltd (SE:4012) declined 5.05% or 2.30 points to end at 43.25 and National Agriculture Marketing Co. (SE:4160) was down 2.58% or 0.46 points to 17.36.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 119 to 65 and 14 ended unchanged.

Shares in National Agriculture Marketing Co. (SE:4160) fell to 5-year lows; falling 2.58% or 0.46 to 17.36.

Crude oil for January delivery was up 1.26% or 0.72 to $57.73 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.91% or 0.57 to hit $62.97 a barrel, while the December Gold Futures contract fell 0.34% or 4.95 to trade at $1469.25 a troy ounce.

EUR/SAR was up 0.02% to 4.1529, while USD/SAR rose 0.00% to 3.7502.

The US Dollar Index Futures was down 0.05% at 97.765.

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