Stocks in Saudi Arabia closed higher at the end of trading on Sunday, with indices rising, and gains were recorded in the media and advertising, petrochemicals and cement sectors.
At the close of trading in Riyadh, the Saudi general index closed up 2.14%.
Among the leading stocks on the Saudi Tadawul All Share Index today, Alujain Corporation (TADAWUL:2170) stood out, rising 10.00% or 2.44 points to close at 26.84. Meanwhile, Methanol Chemicals Company (TADAWUL:2001) continued its upward trend, gaining 10.00% or 0.66 points to close at 7.26, while Saudi Kayan Petrochemical Company (TADAWUL:2350) also saw a 10.00% increase, or 0.49 points, to finish at 5.39.
As for the worst performers at the close of trading, Al Rajhi REIT (TADAWUL:4340) shares closed down 2.24%, or 0.18 points, at 7.85. Gulf Real Estate REIT (TADAWUL:4336) shares fell 2.00%, or 0.09 points, to 4.41, while Azm Saudi Telecom & Information Technology (TADAWUL:7211) shares closed down 1.89%, or 0.44 points, at 22.84.
The number of top-performing stocks exceeded the number of stocks that closed lower in trading on the Saudi stock market, with 284 compared to 56, while 10 remained unchanged.
WTI crude oil futures for April delivery rose 12.21%, or $9.89, to settle at $90.90 a barrel. In other commodities trading, Brent crude oil futures for May delivery climbed 8.52%, or $7.28, to $92.69 a barrel, while April gold futures gained 1.58%, or $80.00, to close at $5,158.70 an ounce.
The EUR/SAR pair remained stable at 0.08% and traded at 4.36, while the USD/SAR pair remained unchanged at 0.01% and reached 3.75.
Dollar index futures traded down 0.33% at 98.98.
