Saudi Arabian stocks saw an uptick on Wednesday, driven by gains in various sectors. The overall market index rose by 0.30% at closing.
Among the top performers, Red Sea Housing Services surged 9.96% to settle at 53.00. Batic Investments and Logistics climbed 5.22% to 3.63, and Saudi Awwal Bank increased by 4.32% to 35.05.
On the downside, Gulf Insurance Group dropped 2.59% to 32.00. Tanmiah Food Company fell 2.56% to 144.40, and Saudi Enaya Cooperative Insurance decreased by 2.55% to 16.84.
The market saw 173 stocks rise, 116 decline, and 24 remain unchanged. Notably, Red Sea Housing Services reached a 52-week high with its 9.96% increase.
In commodities, November crude oil dipped 0.49% to $69.62 a barrel, while Brent oil for November delivery fell 0.50% to $73.33. December Gold Futures rose 0.39% to $2,602.60 per troy ounce.
Currency pairs EUR/SAR and USD/SAR remained stable, with minor changes. The US Dollar Index Futures slightly decreased by 0.03% to 100.53.