“Saudi Arabia’s Tadawul All Share Sees 0.56% Rise at Market Close”

Saudi Arabia’s stock market saw a notable rise on Sunday, with the Tadawul All Share index increasing by 0.56%, reaching a three-month high. Key sectors driving this growth included Telecoms & IT, Agriculture & Food, and Retail. Notable performers were TAWUL7010 and Saudi RE Reinsurance, both gaining 9%. In total, 181 stocks advanced, compared to 114 declines. Meanwhile, crude oil prices rose by 2%, with October delivery reaching $74.96 per barrel, and December gold futures increasing by 1% to $2,548.70 per ounce. The USD/SAR exchange rate remained stable at 3.75.

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