Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.66%

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At the close in Saudi Arabia, the Tadawul All Share added 0.66% to hit a new 52-week high.

The best performers of the session on the Tadawul All Share were Saudi Cable Company (SE:2110), which rose 9.96% or 2.24 points to trade at 24.72 at the close. Meanwhile, Red Sea Housing Services Company (SE:4230) added 7.81% or 1.52 points to end at 20.98 and AL-BABTAIN POWER &TELECOM CO (SE:2320) was up 7.32% or 2.25 points to 33.00 in late trade.

The worst performers of the session were Tihama Advertising&Public Relations (SE:4070), which fell 4.82% or 3.00 points to trade at 59.30 at the close. Al Yamamah Steel Industries Co (SE:1304) declined 3.79% or 1.00 points to end at 25.40 and Bupa Arabia for Coop. Insurance (SE:8210) was down 3.48% or 4.60 points to 127.40.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 103 to 87 and 12 ended unchanged.

Shares in Saudi Cable Company (SE:2110) rose to 52-week highs; rising 9.96% or 2.24 to 24.72. Shares in Red Sea Housing Services Company (SE:4230) rose to 3-years highs; up 7.81% or 1.52 to 20.98. Shares in AL-BABTAIN POWER &TELECOM CO (SE:2320) rose to 3-years highs; up 7.32% or 2.25 to 33.00.

Crude oil for November delivery was up 1.67% or 0.66 to $40.09 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 1.22% or 0.51 to hit $42.23 a barrel, while the December Gold Futures contract fell 1.90% or 36.65 to trade at $1892.25 a troy ounce.

EUR/SAR was down 0.59% to 4.4049, while USD/SAR rose 0.01% to 3.7511.

The US Dollar Index Futures was up 0.46% at 93.532.