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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.64%

Published 07/17/2024, 08:45 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.64%
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Investing.com – Saudi Arabia stocks were higher after the close on Wednesday, as gains in the Energy & Utilities, Media & Publishing and Agriculture & Food sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.64% to hit a new 1-month high.

The best performers of the session on the Tadawul All Share were AYYAN Investment Co SJSC (TADAWUL:2140), which rose 9.97% or 1.76 points to trade at 19.42 at the close. Meanwhile, Miahona Holding SCJSC (TADAWUL:2084) added 9.88% or 3.80 points to end at 42.25 and Al Sagr Co-operative Insurance Co (TADAWUL:8180) was up 9.41% or 2.14 points to 24.88 in late trade.

The worst performers of the session were The Mediterranean&Gulf Insurance Co (TADAWUL:8030), which fell 2.46% or 0.80 points to trade at 31.70 at the close. Baazeem Trading Co (TADAWUL:4051) declined 1.53% or 1.00 points to end at 64.30 and Arabian Pipes Company (TADAWUL:2200) was down 1.20% or 1.60 points to 131.40.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 194 to 96 and 24 ended unchanged.

Shares in Miahona Holding SCJSC (TADAWUL:2084) rose to all time highs; rising 9.88% or 3.80 to 42.25.

Crude oil for September delivery was up 0.85% or 0.68 to $80.39 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.64% or 0.54 to hit $84.27 a barrel, while the August Gold Futures contract rose 0.45% or 11.20 to trade at $2,479.00 a troy ounce.

EUR/SAR was up 0.39% to 4.10, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was down 0.53% at 103.41.

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