RIYADH: Saudi Arabia stocks were higher after the close on Thursday, as gains in the Real Estate Development, Building & Construction and Industrial Investment sectors led shares higher. At the close in Saudi Arabia, the Tadawul All Share gained 0.28%.
The best performers of the session on the Tadawul All Share were Saudi Indian Company Insurance (SE:8110), which rose 9.88% or 1.60 points to trade at 17.80 at the close. Meanwhile, Arabian Pipes Company (SE:2200) added 9.88% or 1.20 points to end at 13.35 and Dar Alarkan Real Estate Development (SE:4300) was up 7.69% or 0.45 points to 6.30 in late trade.
The worst performers of the session were Yanbu Cement Co. (SE:3060), which fell 2.94% or 1.30 points to trade at 42.90 at the close. Saudi Int Petrochemical Co (SE:2310) declined 2.55% or 0.35 points to end at 13.35 and Herfy Food Services Co (SE:6002) was down 2.19% or 1.75 points to 78.25. Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 95 to 48 and 26 ended unchanged.
Crude oil for August delivery was up 1.51% or 0.74 to $49.87 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August rose 1.58% or 0.79 to hit $50.67 a barrel, while the August Gold contract fell 0.44% or 5.55 to trade at $1264.45 a troy ounce. EUR/SAR was up 0.82% to 4.2711, while USD/SAR rose 0.01% to 3.7504. The US Dollar Index was down 0.54% at 93.30.
