Investing.com reported that Saudi Arabian stocks experienced an upswing following the market close on Sunday, driven by strong performances in the unspecified sectors. At the close of trading in Saudi Arabia, the index had risen by 1.54%.
During the session, Miahona Holding SCJSC was the top performer on the index, climbing 9.86% or 2.55 points, ending at 28.40. CHUBB Arabia Cooperative Insurance followed closely, increasing by 7.83% or 3.55 points to close at 48.90, while Saudi Manpower Solutions Co saw a rise of 7.26% or 0.58 points, concluding at 8.57.
Conversely, Al Baha Investment and Development Company SJSC was the worst performer, dropping by 7.14% or 0.02 points to settle at 0.26. Emaar The Economic City decreased by 1.85% or 0.16 points, finishing at 8.51, and City Cement Co fell by 1.66% or 0.30 points to 17.74.
On the Saudi Arabia Stock Exchange, rising stocks outnumbered those declining by 246 to 58, with 13 ending unchanged. The shares of CHUBB Arabia Cooperative Insurance reached a five-year high, increasing by 7.83% or 3.55 to 48.90.
In commodities trading, crude oil for December delivery rose 2.16% or 1.51, reaching $71.35 per barrel. Brent oil for December delivery climbed 2.25% or 1.67, reaching $76.05 per barrel, while the December Gold Futures contract increased by 0.21% or 5.70, trading at $2,754.60 per troy ounce.
In currency movements, the EUR/SAR declined by 0.25% to 4.05, and the USD/SAR remained unchanged at 3.76. The US Dollar Index Futures increased by 0.20%, reaching 104.13.