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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.72%

Published 08/16/2020, 10:15 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.72%
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Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the Financial Services, Media & Publishing and Insurance sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.72% to hit a new 3-months high.

The best performers of the session on the Tadawul All Share were Basic Chemical Industries Co (SE:1210), which rose 10.00% or 2.60 points to trade at 28.60 at the close. Meanwhile, Zahrat Al Waha for Trading Co (SE:3007) added 9.85% or 5.30 points to end at 59.10 and Anaam International Holding Group (SE:4061) was up 6.84% or 12.80 points to 199.80 in late trade.

The worst performers of the session were The National Co for Glass Industrie (SE:2150), which fell 1.97% or 0.50 points to trade at 24.90 at the close. Taleem REIT Fund (SE:4333) declined 1.92% or 0.24 points to end at 12.24 and Lazurde for Jewelry Co (SE:4011) was down 1.89% or 0.28 points to 14.50.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 121 to 66 and 13 ended unchanged.

Shares in Basic Chemical Industries Co (SE:1210) rose to 3-years highs; rising 10.00% or 2.60 to 28.60. Shares in Zahrat Al Waha for Trading Co (SE:3007) rose to all time highs; gaining 9.85% or 5.30 to 59.10. Shares in Anaam International Holding Group (SE:4061) rose to 52-week highs; gaining 6.84% or 12.80 to 199.80.

Crude oil for September delivery was down 0.02% or 0.01 to $42.23 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 0.02% or 0.01 to hit $44.95 a barrel, while the December Gold Futures contract fell 0.85% or 16.80 to trade at $1953.60 a troy ounce.

EUR/SAR was up 0.27% to 4.4413, while USD/SAR rose 0.01% to 3.7503.

The US Dollar Index Futures was down 0.25% at 93.088.

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