Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.91% By Investing.com

Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the , and sectors led shares higher.

At the close in Saudi Arabia, the rose 0.91% to hit a new 52-week high.

The best performers of the session on the were Al Samaani Factory Metal Industries Co CJSC (SE:), which rose 9.97% or 27.60 points to trade at 304.40 at the close. Meanwhile, Food Products Co. (SE:) added 7.46% or 12.60 points to end at 181.40 and Saudi Paper Manufacturing Co. (SE:) was up 6.96% or 4.00 points to 61.50 in late trade.

The worst performers of the session were Saudi Kayan Petrochemical Company (SE:), which fell 1.07% or 0.16 points to trade at 14.82 at the close. BANK ALBILAD (SE:) declined 1.06% or 0.30 points to end at 28.00 and Solidarity Saudi Takaful Co (SE:) was down 0.67% or 0.12 points to 17.86.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 184 to 15 and 4 ended unchanged.

Shares in Al Samaani Factory Metal Industries Co CJSC (SE:) rose to all time highs; up 9.97% or 27.60 to 304.40.

Crude oil for February delivery was up 3.72% or 1.89 to $52.72 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 3.44% or 1.87 to hit $56.25 a barrel, while the February Gold Futures contract fell 3.33% or 63.70 to trade at $1849.90 a troy ounce.

EUR/SAR was down 0.39% to 4.5850, while USD/SAR rose 0.01% to 3.7517.

The US Dollar Index Futures was up 0.26% at 90.023.