Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.09%
Saudi Arabia's stocks closed higher on Sunday, with gains in Agriculture & Food, Cement, and Media & Publishing sectors driving share prices upward. The Tadawul All Share index increased by 1.09%. Raydan Food Company SJSC (TADAWUL:6012) led the session with a 9.97% rise, closing at 18.97 per share. Abdullah Saad Mohammed Abo Moati for Bookstores Company SJSC (TADAWUL:4191) also performed well, up 7.69% to 32.78, while Armah Sports Co SCJSC (TADAWUL:6022) saw a 6.69% increase to 65.35.
The worst-performing stocks were Saudi Enaya Cooperative Insurance (TADAWUL:8311), down 3.94%, and Saudi Aramco Base Oil Company JSC (TADAWUL:2223), down 2.58%. Crude oil for November delivery decreased by 1.73% to $91.26 per barrel, while Brent oil for December rose by 0.46% to $102.72 per barrel. Gold Futures for December fell by 0.72% to $4,172.10 per troy ounce.
Exchange rates remained stable, with EUR/SAR and USD/SAR unchanged, and the US Dollar Index Futures down slightly.
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