Stock indices in Saudi Arabia rose at the end of today's session; The Saudi general index rose about 0.50%

Stocks in Saudi Arabia closed higher at the end of trading on Sunday, as indices moved higher, as gains were recorded in the cement, energy, public services and retail sectors.

At the end of trading in Riyadh, the Saudi general index increased by 0.50%, and reached its highest record level within 3 months.

Among the leading stocks today in the Saudi General Index was Saudi Hardware and Tools (TADAWUL:4008), whose value rose 9.85%, or 2.95 points, and its price reached 32.90 at close. On the other hand, the shares of the Flexible Murabaha Financing Company (TADAWUL:4082) continued to rise at 6.01%, or 0.68 points, and closed at 12.00, while the shares of Electrical Industries (TADAWUL:1303) increased 5.93%, or 0.16 points, at a price of 2.86 at the end of the session.

As for the weakest performance at the end of today’s trading, Al Baha Investment and Development Company shares (TADAWUL:4130) closed down by 7.14%, or 0.01 points, and traded at 0.13 levels at the close. The shares of Sinad Holding Company (TADAWUL:4080) declined by 2.94%, or 0.40 points, at a price of 13.20, while the shares of Abdul Mohsen Al Hokair Tourism and Development Group (TADAWUL:1820) closed down by 2.69%, or 0.06 points, at a price of 2.17.

The number of stocks that gained the most exceeded the number of stocks that closed on a decline in trading in the Saudi financial market, with 169 compared to 102, while 21 remained unchanged.

Electrical Industries shares (TADAWUL:1303) rose to its highest record level ever, and continued to rise by about 5.93%, or 0.16 points, at a price of 2.86.

WTI crude oil futures for February delivery rose 0.26%, or 0.19, to close at $72.10 per barrel. As for trading in other commodities, Brent oil contracts for February delivery rose 0.44%, or 0.34, and reached a price of $76.95 per barrel, while the February contract for gold contracts recorded a decrease of 0.54%, or 11.10 points, and closed at $2,033.80 per ounce.

The EUR/SAR pair lost 0.85% and traded at 4.09 levels, while the USD/SAR pair remained unchanged by about 0.01% and reached 3.75 levels.

Dollar index contracts traded up by 0.64% at 102.22.