🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAYCLAIM SALE

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.70%

Published 08/24/2020, 10:15 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.70%
TASI
-
TMDI
-
TENI
-
TRMI
-
2150
-
4140
-
4210
-
4270
-
8290
-
8312
-

Investing.com – Saudi Arabia stocks were higher after the close on Monday, as gains in the Media & Publishing, Petrochemicals and Real Estate Development sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.70% to hit a new 6-months high.

The best performers of the session on the Tadawul All Share were Saudi Printing & Packaging Company (SE:4270), which rose 10.00% or 1.54 points to trade at 16.94 at the close. Meanwhile, Saudi Research and Marketing Group (SE:4210) added 9.90% or 6.20 points to end at 68.80 and Saudi Industrial Export Co (SE:4140) was up 7.68% or 5.20 points to 72.90 in late trade.

The worst performers of the session were Solidarity Saudi Takaful Co (SE:8290), which fell 4.92% or 0.74 points to trade at 14.30 at the close. The National Co for Glass Industrie (SE:2150) declined 4.73% or 1.40 points to end at 28.20 and Alinma Tokio Marine Co (SE:8312) was down 2.92% or 0.46 points to 15.28.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 104 to 86 and 12 ended unchanged.

Shares in Saudi Printing & Packaging Company (SE:4270) rose to 52-week highs; rising 10.00% or 1.54 to 16.94. Shares in Saudi Industrial Export Co (SE:4140) rose to 52-week highs; up 7.68% or 5.20 to 72.90.

Crude oil for October delivery was up 0.73% or 0.31 to $42.65 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 1.07% or 0.48 to hit $45.41 a barrel, while the December Gold Futures contract rose 0.37% or 7.15 to trade at $1954.15 a troy ounce.

EUR/SAR was up 0.28% to 4.4351, while USD/SAR rose 0.00% to 3.7504.

The US Dollar Index Futures was down 0.20% at 93.058.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.