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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.38%

Published 07/25/2019, 10:15 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.38%
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Investing.com – Saudi Arabia stocks were higher after the close on Thursday, as gains in the Energy & Utilities, Petrochemicals and Cement sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.38%.

The best performers of the session on the Tadawul All Share were Saudi Arabian Mining Company (SE:1211), which rose 6.52% or 3.05 points to trade at 49.80 at the close. Meanwhile, Saudi Int Petrochemical Co (SE:2310) added 5.21% or 1.00 points to end at 20.20 and Rabigh Refining & Petrochemical Co (SE:2380) was up 5.12% or 1.04 points to 21.34 in late trade.

The worst performers of the session were Al Sorayai Trading&Industrial Group (SE:1213), which fell 4.76% or 0.39 points to trade at 7.80 at the close. Al Rajhi Bank (SE:1120) declined 2.39% or 1.70 points to end at 69.40 and Bupa Arabia for Coop. Insurance (SE:8210) was down 1.72% or 1.80 points to 103.00.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 129 to 49 and 16 ended unchanged.

Shares in Al Sorayai Trading&Industrial Group (SE:1213) fell to all time lows; losing 4.76% or 0.39 to 7.80.

Crude oil for September delivery was up 0.70% or 0.39 to $56.27 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.85% or 0.54 to hit $63.72 a barrel, while the August Gold Futures contract fell 0.45% or 6.45 to trade at $1417.15 a troy ounce.

EUR/SAR was up 0.34% to 4.1918, while USD/SAR rose 0.00% to 3.7504.

The US Dollar Index Futures was down 0.17% at 97.290.

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