Stocks in Saudi Arabia closed higher at the end of trading on Tuesday, as indices moved higher, as gains were recorded in the insurance, industrial investment and petrochemical sectors.
At the end of trading in Riyadh, the Saudi general index closed at an increase of 0.39%.
Among the leading stocks today in the Saudi General Index was the stock of the Middle East Healthcare Company (4009), whose value rose 9.89%, or 11.00 points, and its price reached 122.20 at closing. On the other hand, Al Hammadi's stock for Development and Investment (4007) continued to rise by 7.89%, or 5.00 points, and closed at 68.40, while the stock of Al Arid Al Motqan Commercial Services Company (7204) increased by 7.27%, or 2.10 points, to 31.00 at the end of the session.
As for the weakest performance at the end of today’s trading, the shares of Al-Baha Investment and Development Company (4130) closed down by 6.67%, or 0.01 points, and traded at 0.14 levels at the close. Banque Saudi Fransi shares (1050) declined by 5.43%, or 2.20 points, at a price of 38.35, while Gulf Insurance Group shares (8250) closed down by 3.69%, or 1.25 points, at a price of 32.60.
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 167 compared to 109, while 26 remained unchanged.
Middle East Healthcare Company (4009) shares rose to their highest record level ever, adding 9.89% or 11.00 points to its value at a price of 122.20. Al Hammadi Development and Investment shares (4007) rose to its highest record level ever, and continued to rise by about 7.89%, or 5.00 points, at a price of 68.40. The stock of Al Arid Al Motqan Commercial Services Company (7204) rose to its highest record level ever, adding 7.27%, or 2.10 points, to its value at a price of 31.00.
WTI crude oil futures for March delivery rose 0.71%, or 0.52, to close at $73.30 per barrel. As for trading in other commodities, Brent oil contracts for April delivery rose 0.77%, or 0.60, and reached a price of $78.59 per barrel, while the April contract for gold contracts recorded a decrease of 0.03%, or 0.65 points, and closed at $2,042.25 per ounce.
The EUR/SAR pair remained stable at 0.06% and traded at 4.03 levels, while the USD/SAR pair remained unchanged at about 0.00% and reached 3.75 levels.
Dollar index contracts traded up by 0.05% at 104.37.