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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.63%

Published 08/17/2021, 10:15 AM
© Reuters Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.63%
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Investing.com – Saudi Arabia stocks were higher after the close on Tuesday, as gains in the Telecoms & IT, Insurance and Financial Services sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.63% to hit a new 5-year high.

The best performers of the session on the Tadawul All Share were Mouwasat Medical Services Company (SE:4002), which rose 6.54% or 12.80 points to trade at 208.40 at the close. Meanwhile, United Cooperative Assurance Co (SE:8190) added 4.53% or 1.30 points to end at 30.00 and Saudi Paper Manufacturing Co. (SE:2300) was up 4.37% or 2.70 points to 64.50 in late trade.

The worst performers of the session were Amana Cooperative Insurance Co (SE:8310), which fell 3.50% or 2.10 points to trade at 57.90 at the close. Saudi Industrial Export Co (SE:4140) declined 3.17% or 3.60 points to end at 109.80 and Tihama Advertising&Public Relations (SE:4070) was down 3.11% or 1.60 points to 49.90.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 126 to 68 and 14 ended unchanged.

Shares in United Cooperative Assurance Co (SE:8190) rose to 5-year highs; gaining 4.53% or 1.30 to 30.00.

Crude oil for October delivery was up 0.34% or 0.23 to $67.28 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.47% or 0.33 to hit $69.84 a barrel, while the December Gold Futures contract fell 0.32% or 5.65 to trade at $1784.15 a troy ounce.

EUR/SAR was down 0.40% to 4.3991, while USD/SAR rose 0.00% to 3.7505.

The US Dollar Index Futures was up 0.40% at 92.990.

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