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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.57%

Published 11/04/2021, 10:15 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.57%
TASI
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TMTI
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TCSI
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8030
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6090
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2190
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4170
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4005
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Investing.com – Saudi Arabia stocks were higher after the close on Thursday, as gains in the Telecoms & IT, Hotels & Tourism and Cement sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.57%.

The best performers of the session on the Tadawul All Share were Jazan Development Co. (SE:6090), which rose 5.40% or 1.24 points to trade at 24.20 at the close. Meanwhile, The Mediterranean&Gulf Insurance Co (SE:8030) added 4.73% or 0.89 points to end at 19.76 and Alkhaleej Training & Education Co (SE:4290) was up 3.98% or 0.83 points to 21.70 in late trade.

The worst performers of the session were National Medical Care Company (SE:4005), which fell 3.90% or 2.60 points to trade at 64.00 at the close. Saudi Industrial Services Co. (SE:2190) declined 3.18% or 1.05 points to end at 31.95 and Tourism Enterprise Co. (SE:4170) was down 3.13% or 2.50 points to 77.40.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 144 to 58 and 13 ended unchanged.

Shares in The Mediterranean&Gulf Insurance Co (SE:8030) rose to 52-week lows; rising 4.73% or 0.89 to 19.76.

Crude oil for December delivery was up 1.61% or 1.30 to $82.16 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 1.77% or 1.45 to hit $83.44 a barrel, while the December Gold Futures contract rose 1.93% or 34.05 to trade at $1797.95 a troy ounce.

EUR/SAR was down 0.51% to 4.3327, while USD/SAR fell 0.02% to 3.7507.

The US Dollar Index Futures was up 0.49% at 94.317.

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