1 month ago
Stock Market

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.20%

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

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

At the close in Saudi Arabia, the Tadawul All Share rose 0.20%.

The best performers of the session on the Tadawul All Share were Al-Ahlia Insurance Company (SE:8140), which rose 4.11% or 0.46 points to trade at 11.66 at the close. Meanwhile, National Industrialization Co (SE:2060) added 3.64% or 0.58 points to end at 16.50 and United Cooperative Assurance Co (SE:8190) was up 3.36% or 0.40 points to 12.30 in late trade.

The worst performers of the session were Abdullah A. M. Al-Khodari Sons Co (SE:1330), which fell 9.99% or 0.70 points to trade at 6.31 at the close. Saudi Cable Company (SE:2110) declined 5.07% or 2.40 points to end at 44.90 and Qassim Agriculture Co. (SE:6020) was down 5.00% or 0.60 points to 11.40.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 105 to 73 and 15 ended unchanged.

Shares in Abdullah A. M. Al-Khodari Sons Co (SE:1330) fell to all time lows; falling 9.99% or 0.70 to 6.31.

Crude oil for March delivery was up 0.68% or 0.36 to $53.46 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 0.91% or 0.57 to hit $62.99 a barrel, while the April Gold Futures contract fell 0.13% or 1.75 to trade at $1312.25 a troy ounce.

EUR/SAR was down 0.17% to 4.2394, while USD/SAR rose 0.01% to 3.7504.

The US Dollar Index Futures was up 0.14% at 96.637.