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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.40%

Published 01/29/2018, 08:15 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.40%
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Investing.com – Saudi Arabia stocks were higher after the close on Monday, as gains in the Hotels & Tourism, Cement and Financial Services sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.40% to hit a new 52-week high.

The best performers of the session on the Tadawul All Share were Tourism Enterprise Co. (SE:4170), which rose 8.10% or 2.29 points to trade at 30.55 at the close. Meanwhile, Salama Cooperative Insurance Co (SE:8050) added 4.77% or 1.36 points to end at 29.90 and Saudi Kayan Petrochemical Company (SE:2350) was up 3.04% or 0.36 points to 12.20 in late trade.

The worst performers of the session were Anb Insurance (SE:8011), which fell 9.89% or 1.28 points to trade at 11.66 at the close. Solidarity Saudi Takaful Co (SE:8290) declined 6.02% or 1.47 points to end at 22.96 and Allianz Saudi Fransi Cooperative Insurance Company (SE:8040) was down 5.18% or 1.87 points to 34.25.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 93 to 80 and 10 ended unchanged.

Shares in Anb Insurance (SE:8011) fell to 3-years lows; falling 9.89% or 1.28 to 11.66. Shares in Salama Cooperative Insurance Co (SE:8050) rose to 3-years highs; up 4.77% or 1.36 to 29.90. Shares in Saudi Kayan Petrochemical Company (SE:2350) rose to 52-week highs; up 3.04% or 0.36 to 12.20.

Crude oil for March delivery was down 0.71% or 0.47 to $65.67 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 0.97% or 0.68 to hit $69.47 a barrel, while the February Gold Futures contract fell 0.72% or 9.80 to trade at $1342.30 a troy ounce.

EUR/SAR was down 0.32% to 4.6431, while USD/SAR fell 0.01% to 3.7508.

The US Dollar Index Futures was up 0.34% at 89.17.

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