Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.32%

Saudi Arabian stocks experienced an upward trend at the close of trade on Sunday, with the Tadawul All Share index rising by 0.32%. The Media & Publishing, Telecoms & IT, and Industrial Investment sectors contributed to the overall increase in share prices. Among the top performers in the Tadawul All Share were Saudi Arabia Refineries Co., which saw a 7.41% gain, and Banan Real Estate Company, which increased by 4.17%.

Wafrah for Industry and Development Company also showed a strong performance with a 3.23% rise. The underperforming stocks for the day included Riyad REIT, which dropped by 4.06%, Al Sorayai Trading & Industrial Group, which decreased by 2.81%, and Kingdom Holding Company, which fell by 2.17%. The number of stocks that finished higher than those that finished lower was 179 compared to 140, with 29 stocks ending unchanged.

The worst performer of the session was Riyad REIT, which reached an all-time low, falling 4.06% to 4.73. Crude oil prices for October delivery decreased by 0.09%, settling at $91.22 per barrel. Brent oil for November delivery rose by 0.35%, reaching $95.85 per barrel. Gold Futures for December fell by 1.38%, trading at $4,477.20 per troy ounce.

Exchange rates remained stable, with EUR/SAR unchanged at 4.36, USD/SAR remaining at 3.76, and the US Dollar Index Futures up by 0.25%, reaching 99.13.