1 month ago
Stock Market

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.03%

Investing.com – Saudi Arabia stocks were higher after the close on Wednesday, as gains in the Energy&Utilities, Agriculture&Food and Industrial

Investing.com – Saudi Arabia stocks were higher after the close on Wednesday, as gains in the Energy&Utilities, Agriculture&Food and Industrial Investment sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.03%.

The best performers of the session on the Tadawul All Share were Emaar The Economic City (SE:4220), which rose 8.45% or 0.74 points to trade at 9.50 at the close. Meanwhile, Amana Cooperative Insurance Co (SE:8310) added 5.69% or 1.08 points to end at 20.06 and Savola Group (SE:2050) was up 5.43% or 1.70 points to 33.00 in late trade.

The worst performers of the session were Saudi Steel Pipe Company (SE:1320), which fell 2.91% or 0.72 points to trade at 24.02 at the close. BANK ALBILAD (SE:1140) declined 2.44% or 0.75 points to end at 30.00 and Southern Province Cement Co. (SE:3050) was down 2.16% or 0.95 points to 43.00.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 104 to 71 and 15 ended unchanged.

Crude oil for March delivery was up 1.05% or 0.56 to $53.87 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 0.93% or 0.57 to hit $61.77 a barrel, while the February Gold Futures contract rose 0.10% or 1.25 to trade at $1310.15 a troy ounce.

EUR/SAR was down 0.02% to 4.2854, while USD/SAR rose 0.01% to 3.7504.

The US Dollar Index Futures was up 0.02% at 95.532.