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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.58%

Published 08/28/2016, 09:15 AM
Updated 08/28/2016, 10:40 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.58%
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Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the Energy & Utilities, Multi Investment and Cement sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 1.58%.

The best performers of the session on the Tadawul All Share were Saudi Industrial Services Co. (SE:2190), which rose 9.72% or 1.40 points to trade at 15.80 at the close. Meanwhile, Abdullah A. M. Al-Khodari Sons Co (SE:1330) added 8.59% or 0.85 points to end at 10.75 and Saudi Real Estate Co. (SE:4020) was up 7.75% or 1.55 points to 21.55 in late trade.

The worst performers of the session were Arabian Shield Coop Insurance Co (SE:8070), which fell 0.82% or 0.20 points to trade at 24.20 at the close. Saudi Industrial Export Co (SE:4140) declined 0.56% or 0.20 points to end at 35.30 and Saudi Transport & Investment Co (SE:4110) was down 0.44% or 0.25 points to 57.00.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 155 to 5 and 9 ended unchanged.

Crude oil for October delivery was unchanged 0.00% or 0.00 to $47.33 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November unchanged 0.00% or 0.00 to hit $50.15 a barrel, while the December Gold contract fell 0.02% or 0.25 to trade at $1324.35 a troy ounce.

EUR/SAR was down 0.78% to 4.1994, while USD/SAR rose 0.04% to 3.7519.

The US Dollar Index was up 0.84% at 95.48.

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