2 months ago
Stock Market

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.71%

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

Investing.com – Saudi Arabia stocks were higher after the close on Wednesday, as gains in the Agriculture&Food, Financial Services and Media&Publishing sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.71% to hit a new 3-months high.

The best performers of the session on the Tadawul All Share were Saudi Enaya Cooperative Insurance (SE:8311), which rose 7.63% or 1.10 points to trade at 15.52 at the close. Meanwhile, Banque Saudi Fransi (SE:1050) added 5.19% or 1.85 points to end at 37.50 and Tabuk Cement Co. (SE:3090) was up 4.82% or 0.54 points to 11.74 in late trade.

The worst performers of the session were The Mediterranean&Gulf Insurance Co (SE:8030), which fell 2.55% or 0.40 points to trade at 15.30 at the close. National Medical Care Company (SE:4005) declined 2.24% or 1.05 points to end at 45.85 and BURUJ COOPERATIVE INSURANCE CO (SE:8270) was down 2.06% or 0.50 points to 23.80.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 97 to 82 and 11 ended unchanged.

Shares in Banque Saudi Fransi (SE:1050) rose to 3-years highs; rising 5.19% or 1.85 to 37.50.

Crude oil for February delivery was down 1.07% or 0.56 to $51.55 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.68% or 0.41 to hit $60.23 a barrel, while the February Gold Futures contract rose 0.10% or 1.25 to trade at $1289.65 a troy ounce.

EUR/SAR was down 0.18% to 4.2724, while USD/SAR rose 0.01% to 3.7510.

The US Dollar Index Futures was up 0.05% at 95.722.