26 December 2024

Investing.com – Saudi stocks rose after the close on Wednesday, as losses in sectors led shares lower.

At the close in Saudi Arabia, the stock lost 0.18%.

Among the leading stocks today, Al Baha Investment and Development Company (TADAWUL:) emerged, whose value rose 8.33%, or 0.04 points, and its price reached 0.52 at the close. On the other hand, the shares of the Red Sea Housing Services Company (Tadawul:) rose by 6.32%, or 3.60 points, and closed at a price of 60.60, while the shares of the Saudi Industrial Development Company (Tadawul:) rose 5.07%, or 1.45 points, at a price of 30.05 at the end of the session.

As for the weakest performance at the end of today’s trading, MBC Group shares (Tadawul:) closed down 3.31%, or 1.80 points, and traded at 52.50 levels at the close. Servant (Tadawul:) shares declined by 3.05%, or 1.70 points, at a price of 54.10, and Savola Group shares declined by 2.97%, or 1.10 points, at a price of 35.90.

The number of advancing stocks outnumbered declining stocks on the Saudi Stock Exchange by 181 stocks compared to 114 stocks, and 38 stocks closed without change.

Crude oil futures for February delivery fell 0.09%, or 0.06, to close at $70.10 per barrel. Elsewhere in commodities trading, Brent crude for March delivery rose 1.24%, or 0.90, to $73.22 per barrel, while the February gold contract was unchanged, 0.00%, or 0.00, at $2,633.50 per ounce.

EUR/SAR was unchanged by 0.00% to 3.90, while USD/SAR fell by 0.17% to 3.75.

US dollar index futures rose 0.18% to 108.00.

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