Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.64%

Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the Real Estate Development, Agriculture & Food and Building & Construction sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.64%.

The best performers of the session on the Tadawul All Share were Alistithmar AREIC Diversified REIT Unit (TADAWUL:4350), which rose 10.00% or 0.66 points to trade at 7.26 at the close. Meanwhile, Saudi Cable Company (TADAWUL:2110) added 9.90% or 12.20 points to end at 135.40 and Saudi Printing & Packaging Company (TADAWUL:4270) was up 9.89% or 1.04 points to 11.56 in late trade.

The worst performers of the session were Riyadh Cement Co (TADAWUL:3092), which fell 3.15% or 1.10 points to trade at 33.80 at the close. Leejam Sports Company SJSC (TADAWUL:1830) declined 2.03% or 2.80 points to end at 135.20 and Almoosa Health Co (TADAWUL:4018) was down 1.21% or 2.00 points to 163.20.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 246 to 72 and 25 ended unchanged.

Shares in Saudi Cable Company (TADAWUL:2110) rose to 3-years highs; gaining 9.90% or 12.20 to 135.40.

Crude oil for June delivery was up 3.54% or 2.21 to $64.01 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 3.20% or 2.11 to hit $67.96 a barrel, while the June Gold Futures contract fell 0.15% or 5.10 to trade at $3,341.30 a troy ounce.

EUR/SAR was up 0.24% to 4.27, while USD/SAR unchanged 0.00% to 3.75.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads.

The US Dollar Index Futures was down 0.01% at 99.13.

Should you invest $2,000 in 2110 right now?

With 2110 making headlines, savvy investors are asking: Is it truly valued fairly? In a market full of overpriced darlings, identifying true value can be challenging. InvestingPro's advanced AI algorithms have analyzed 2110 alongside thousands of other stocks to uncover hidden gems. These undervalued stocks, potentially including 2110, could offer substantial returns as the market corrects. In 2024 alone, our AI identified several undervalued stocks that later surged by 30 or more. Is 2110 poised for similar growth? Don't miss the opportunity to find out.

Reveal Undervalued Stocks Now