2 months ago
Stock Market

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.99%

Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the Hotels&Tourism, Financial Services and

Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the Hotels&Tourism, Financial Services and Retail sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.99% to hit a new 3-months high.

The best performers of the session on the Tadawul All Share were Saudi Cable Company (SE:2110), which rose 10.00% or 3.80 points to trade at 41.80 at the close. Meanwhile, Saudi Transport&Investment Co (SE:4110) added 7.46% or 2.70 points to end at 38.90 and Al-Tayyar Travel Group Holding Co. (SE:1810) was up 5.54% or 1.14 points to 21.72 in late trade.

The worst performers of the session were Saudi Enaya Cooperative Insurance (SE:8311), which fell 9.90% or 1.80 points to trade at 16.38 at the close. ALAHLI TAKAFUL COMPANY (SE:8130) declined 2.90% or 0.85 points to end at 28.45 and National Medical Care Company (SE:4005) was down 2.81% or 1.40 points to 48.40.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 91 to 78 and 16 ended unchanged.

Shares in Saudi Cable Company (SE:2110) rose to 52-week highs; up 10.00% or 3.80 to 41.80.

Crude oil for February delivery was down 1.69% or 0.89 to $51.70 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 1.83% or 1.13 to hit $60.55 a barrel, while the February Gold Futures contract rose 0.03% or 0.45 to trade at $1287.85 a troy ounce.

EUR/SAR was up 0.02% to 4.3022, while USD/SAR unchanged 0.00% to 3.7511.

The US Dollar Index Futures was up 0.14% at 95.252.