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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.65%

Published 01/16/2018, 08:15 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.65%
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Investing.com – Saudi Arabia stocks were higher after the close on Tuesday, as gains in the Agriculture & Food, Telecoms & IT and Insurance sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.65% to hit a new 52-week high.

The best performers of the session on the Tadawul All Share were Emaar The Economic City (SE:4220), which rose 4.85% or 0.65 points to trade at 14.06 at the close. Meanwhile, Bupa Arabia for Coop. Insurance (SE:8210) added 4.27% or 3.85 points to end at 94.00 and AXA Cooperative Insurance Company (SE:8250) was up 3.69% or 0.84 points to 23.58 in late trade.

The worst performers of the session were Saudi Printing & Packaging Company (SE:4270), which fell 4.45% or 0.95 points to trade at 20.42 at the close. Saudi Arabia Fertilizers Co. (SE:2020) declined 2.74% or 1.92 points to end at 68.20 and Rabigh Refining & Petrochemical Co (SE:2380) was down 2.65% or 0.55 points to 20.18.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 95 to 77 and 11 ended unchanged.

Crude oil for February delivery was down 0.20% or 0.13 to $64.17 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.94% or 0.66 to hit $69.60 a barrel, while the February Gold Futures contract rose 0.08% or 1.10 to trade at $1336.00 a troy ounce.

EUR/SAR was down 0.26% to 4.5885, while USD/SAR rose 0.03% to 3.7517.

The US Dollar Index Futures was up 0.32% at 90.42.

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