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JEDDAH – Saudi Arabia stocks were higher after the close on Tuesday, as gains in the Media & Publishing, Financial Services and Retail sectors led shares higher.
The Saudi stock benchmark Tadawul All Share Index rose 1.27% to hit a new 52-week high.
The best performers of the session on the Tadawul All Share were Tihama Advertising & Public Relations, which rose 10.00% or 3.10 points to trade at 34.10 at the close. Meanwhile, Saudi Automotive Services Co. added 9.42% or 1.45 points to end at 16.85 and Alawwal Bank was up 8.11% or 1.05 points to 14.00 in late trade.
The worst performers of the session were Saudi United Cooperative Insurance, which fell 1.96% or 0.45 points to trade at 22.55 at the close.
Dur Hospitality declined 1.04% or 0.25 points to end at 23.90 and United Cooperative Assurance Co was down 0.76% or 0.10 points to 13.00.
Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 147 to 10 and 13 ended unchanged.
Crude oil for February delivery was up 0.34% or 0.18 to $53.20 a barrel.
Elsewhere in commodities trading, Brent oil for delivery in March rose 0.09% or 0.05 to hit $55.95 a barrel, while the February Gold contract rose 0.80% or 9.05 to trade at $1142.65 a troy ounce.
© The Saudi Gazette 2016
