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At The Close of Trade, Saudi Arabian Stocks Are up 0.18 Percent

Aria Thomas

Dec 26, 2022 14:34

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Sunday's market closing in Saudi Arabia was followed by increases in the Media & Publishing, Insurance, and Petrochemicals industries.


At Saudi Arabia's market close, the Tadawul All Share rose 0.18 percent.


Al Sagr Co-operative Insurance Co (TADAWUL:8180) had the strongest performance on the Tadawul All Share, gaining 10.00% or 1.24 points to conclude the day at 13.64. Amana Cooperative Insurance Co (TADAWUL:8310) gained 7.33 percent, or 0.66 points, to close at 9.66, while Wataniya Insurance Company (TADAWUL:8300) rose 5.07 percent, or 0.68 points, to 13.68 in late trading.


Al Yamamah Steel Industries Co (TADAWUL:1304) had the lowest performance throughout the session, declining 6.40 percent, or 1.56 points, to close at 22.82. Saudi Arabian Cooperative Insurance (TADAWUL:8100) fell 5.38 percent, or 0.70 points, to close at 12.30, but Perfect Presentation for Commercial Services Company PJSC (TADAWUL:7204) fell 4.17 percent, or 7.40 points, to 170.00.


On the Saudi Arabia Stock Exchange, declining equities outweighed gaining ones by 141 to 98, with 14 ending unchanged.


Al Yamamah Steel Industries Co (TADAWUL:1304) shares reached 52-week lows, declining 6.40%, or 1.56 points, to close at 22.82.


The price of crude oil for February delivery increased by 2.40 percent, or 1.86 dollars, to $79.35 a barrel. Brent oil for March delivery was steady, trading at $84.50 per barrel, while the February Gold Futures contract increased 0.60 percent, or 10.70 cents, to trade at $1,806.00 per troy ounce.


EUR/SAR increased 0.18 percent to 3.99, while USD/SAR remained constant at 3.76.


The US Dollar Index Futures fell 0.08 percent to 104.04.


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