Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.78%

Saudi Arabia's stock market closed higher on Sunday, with the Tadawul All Share index up 0.78%. Financial Services, Building & Construction, and Real Estate Development sectors drove the gains. Al Sorayai Trading & Industrial Group (TADAWUL:1213) led the pack, rising 5.92% or 0.74 points to 13.24. Ladun Investment Co (TADAWUL:4328) and Ash-Sharqiyah Development Company (TADAWUL:6060) also rose 5.38% and 4.65% respectively.

Tabuk Agriculture Development Co (TADAWUL:6040) was the worst performer, dropping 5.45% or 0.49 points to 8.50. Abdullah Saad Mohammed Abo Moati Stationeries Co (TADAWUL:4191) and Nofoth Food Products Co (TADAWUL:2288) declined 4.37% and 4.19% respectively. There were more rising stocks than declining ones, with 188 outperforming and 129 underperforming.

Unchanged stocks numbered 23. Crude oil for November delivery fell 2.29% to $92.44 a barrel, while Brent oil for December fell 2.02% to $97.44. December Gold Futures rose 0.52% to $4,320.50. Currency pairs EUR/SAR and USD/SAR remained unchanged at 4.28 and 3.75 respectively. The US Dollar Index Futures declined 0.26% to 100.76.