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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.51%

Published 07/15/2020, 10:15 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.51%
TASI
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TDAI
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TCSI
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TCGI
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8040
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2300
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4170
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4331
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7201
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4336
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Investing.com – Saudi Arabia stocks were higher after the close on Wednesday, as gains in the Industrial Investment, Hotels & Tourism and Building & Construction sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.51%.

The best performers of the session on the Tadawul All Share were Arab Sea Information Systems Co SJSC (SE:7201), which rose 9.95% or 3.75 points to trade at 41.45 at the close. Meanwhile, Tourism Enterprise Co. (SE:4170) added 9.83% or 2.65 points to end at 29.60 and Saudi Paper Manufacturing Co. (SE:2300) was up 8.08% or 2.90 points to 38.80 in late trade.

The worst performers of the session were Allianz Saudi Fransi Cooperative Insurance Company (SE:8040), which fell 1.80% or 0.30 points to trade at 16.36 at the close. AlJazira Mawten REIT (SE:4331) declined 1.17% or 0.16 points to end at 13.50 and Mulkia Gulf Real Estate REIT (SE:4336) was down 0.97% or 0.08 points to 8.20.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 160 to 30 and 10 ended unchanged.

Shares in Arab Sea Information Systems Co SJSC (SE:7201) rose to all time highs; up 9.95% or 3.75 to 41.45. Shares in Tourism Enterprise Co. (SE:4170) rose to 52-week highs; up 9.83% or 2.65 to 29.60. Shares in Saudi Paper Manufacturing Co. (SE:2300) rose to 52-week highs; up 8.08% or 2.90 to 38.80.

Crude oil for August delivery was down 0.07% or 0.03 to $40.26 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.07% or 0.03 to hit $42.93 a barrel, while the August Gold Futures contract fell 0.18% or 3.25 to trade at $1810.15 a troy ounce.

EUR/SAR was up 0.24% to 4.2843, while USD/SAR rose 0.00% to 3.7507.

The US Dollar Index Futures was down 0.28% at 95.942.

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