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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.92%

Published 04/04/2018, 09:15 AM
Updated 04/04/2018, 09:15 AM
© Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.92%

© Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.92%

TISII
-1.77%
TASI
-0.21%
TRLI
-0.22%
TTSI
0.39%
8010
-2.02%
8210
-2.71%
1213
2.03%
2110
0.45%
4100
0.29%
4008
-0.88%

Investing.com – Saudi Arabia stocks were higher after the close on Wednesday, as gains in the Insurance, Retail and Telecoms & IT sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.92%.

The best performers of the session on the Tadawul All Share were Bupa Arabia for Coop. Insurance (SE:8210), which rose 7.88% or 7.52 points to trade at 103.00 at the close. Meanwhile, Al Sorayai Trading&Industrial Group (SE:1213) added 7.27% or 0.98 points to end at 14.46 and The Company for Coop. Insurance (SE:8010) was up 5.82% or 4.39 points to 79.80 in late trade.

The worst performers of the session were Saudi Cable Company (SE:2110), which fell 2.50% or 0.26 points to trade at 10.12 at the close. Saudi Company for Hardware (SE:4008) declined 1.42% or 1.81 points to end at 126.00 and Makkah Construction&Development Co (SE:4100) was down 1.13% or 0.84 points to 73.70.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 125 to 55 and 8 ended unchanged.

Shares in Saudi Cable Company (SE:2110) fell to 52-week lows; falling 2.50% or 0.26 to 10.12.

Crude oil for May delivery was down 2.06% or 1.31 to $62.20 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 1.85% or 1.26 to hit $66.86 a barrel, while the June Gold Futures contract rose 0.82% or 10.90 to trade at $1348.20 a troy ounce.

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EUR/SAR was up 0.26% to 4.6128, while USD/SAR rose 0.04% to 3.7516.

The US Dollar Index Futures was down 0.17% at 89.70.

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