Stocks in Saudi Arabia closed higher at the end of trading on Sunday, with indices rising, and gains were recorded in the cement, real estate development, and communications and information technology sectors.
At the close of trading in Riyadh, the Saudi general index rose by 0.11%.
Among the leading stocks on the Saudi Tadawul All Share Index today, Rabigh Refining and Petrochemical Company (TADAWUL:2380) stood out, rising 10.00% or 1.15 points to close at 12.65. Yanbu National Petrochemical Company (TADAWUL:2290) also continued its upward trend, gaining 6.97% or 2.30 points to close at 35.30, while Alujain Corporation (TADAWUL:2170) increased by 5.67% or 1.54 points to finish at 28.70.
As for the worst performers at the close of trading, shares of Ban Holding Group (TADAWUL:1820) closed down 7.62%, or 0.16 points, at 1.94. Shares of Al-Baha Investment and Development Company (TADAWUL:4130) fell 4.39%, or 0.10 points, to 2.18, while shares of the National Agricultural Development Company (TADAWUL:6010) closed down 4.27%, or 0.72 points, at 16.15.
The number of stocks that declined exceeded the number of stocks that closed higher in trading on the Saudi stock market, with 170 compared to 156, while 20 remained unchanged.
Rabigh Refining and Petrochemical Company (TADAWUL:2380) shares climbed to a three-year high, rising by approximately 10.00% or 1.15 points to reach 12.65. National Agricultural Development Company (TADAWUL:6010) shares fell to a 52-week low, declining by approximately 4.27% or 0.72 points to reach 16.15.
WTI crude oil futures for June delivery fell 1.51%, or $1.45, to settle at $94.40 a barrel. In other commodities trading, Brent crude oil futures for June delivery rose 0.25%, or $0.26, to $105.33 a barrel, while June gold futures gained 0.36%, or $16.90, to close at $4,740.90 an ounce.
The EUR/SAR pair added 0.33% and traded at levels of 4.40, while the USD/SAR pair remained unchanged at around 0.00% and reached levels of 3.75.
Dollar index futures traded down 0.24% at 98.36.