Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.64%

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At the close in Saudi Arabia, the Tadawul All Share added 0.64% to hit a new 3-months high.

The best performers of the session on the Tadawul All Share were Saudi Arabian Amiantit Co. (TADAWUL:2160), which rose 9.91% or 4.40 points to trade at 48.80 at the close. Meanwhile, Al Sorayai Trading&Industrial Group (TADAWUL:1213) added 9.84% or 4.80 points to end at 53.60 and Maharah for Human Resources (TADAWUL:1831) was up 8.37% or 5.70 points to 73.80 in late trade.

The worst performers of the session were Arabian Pipes Company (TADAWUL:2200), which fell 2.02% or 2.40 points to trade at 116.40 at the close. Saudi Public Transport Co. (TADAWUL:4040) declined 1.91% or 0.38 points to end at 19.50 and Bindawood Holding Co (TADAWUL:4161) was down 1.86% or 0.12 points to 6.32.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 172 to 96 and 28 ended unchanged.

Shares in Maharah for Human Resources (TADAWUL:1831) rose to 3-years highs; rising 8.37% or 5.70 to 73.80.

Crude oil for January delivery was up 2.77% or 1.92 to $71.26 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 2.16% or 1.60 to hit $75.65 a barrel, while the February Gold Futures contract fell 1.25% or 25.60 to trade at $2,020.80 a troy ounce.

EUR/SAR was down 0.30% to 4.04, while USD/SAR unchanged 0.01% to 3.75.

The US Dollar Index Futures was up 0.45% at 103.96.