Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.23%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 29 2024
0mins
Source: Yahoo Finance
Saudi Stock Market Performance: Saudi Arabia's stock market saw a slight increase, with the Tadawul All Share rising by 0.23%, driven by gains in the Hotels & Tourism, Energy & Utilities, and Petrochemicals sectors. Notable performers included Allianz Saudi Fransi Cooperative Insurance Company and Kingdom Holding Company.
Commodity Prices Update: Crude oil prices increased, with October delivery up to $75.19 per barrel and Brent oil for November at $78.08 per barrel. Additionally, gold futures rose slightly to $2,538.35 per troy ounce.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
