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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.98%

Published 07/10/2017, 09:15 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.98%
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Investing.com – Saudi Arabia stocks were higher after the close on Monday, as gains in the Media & Publishing, Agriculture & Food and Retail sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.98%.

The best performers of the session on the Tadawul All Share were United Electronics Company (SE:4003), which rose 10.31% or 3.45 points to trade at 36.90 at the close. Meanwhile, Saudi Research and Marketing Group (SE:4210) added 9.96% or 4.05 points to end at 44.70 and Tihama Advertising&Public Relations (SE:4070) was up 8.85% or 2.90 points to 35.65 in late trade.

The worst performers of the session were Dar Alarkan Real Estate Development (SE:4300), which fell 4.39% or 0.28 points to trade at 6.10 at the close. Taleem REIT Fund (SE:4333) declined 2.79% or 0.38 points to end at 13.22 and Arabian Pipes Company (SE:2200) was down 2.03% or 0.28 points to 13.52.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 97 to 72 and 11 ended unchanged.

Shares in United Electronics Company (SE:4003) rose to 52-week highs; up 10.31% or 3.45 to 36.90. Shares in Saudi Research and Marketing Group (SE:4210) rose to 52-week highs; up 9.96% or 4.05 to 44.70.

Crude oil for August delivery was down 0.88% or 0.39 to $43.84 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 0.79% or 0.37 to hit $46.34 a barrel, while the August Gold Futures contract rose 0.02% or 0.19 to trade at $1209.89 a troy ounce.

EUR/SAR was down 0.07% to 4.2720, while USD/SAR unchanged 0.00% to 3.7500.

The US Dollar Index Futures was up 0.10% at 95.88.

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