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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.93%

Published 01/15/2019, 08:15 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.93%
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Investing.com – Saudi Arabia stocks were higher after the close on Tuesday, as gains in the Energy & Utilities, Agriculture & Food and Financial Services sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.93% to hit a new 3-months high.

The best performers of the session on the Tadawul All Share were Saudi Cable Company (SE:2110), which rose 5.95% or 2.45 points to trade at 43.60 at the close. Meanwhile, BURUJ COOPERATIVE INSURANCE CO (SE:8270) added 5.70% or 1.31 points to end at 24.30 and Savola Group (SE:2050) was up 5.06% or 1.50 points to 31.15 in late trade.

The worst performers of the session were Saudi Enaya Cooperative Insurance (SE:8311), which fell 5.26% or 0.80 points to trade at 14.42 at the close. Fawaz Abdulaziz AlHokair Company (SE:4240) declined 3.25% or 0.74 points to end at 22.02 and Food Products Co. (SE:2100) was down 2.78% or 0.46 points to 16.10.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 101 to 74 and 14 ended unchanged.

Shares in Saudi Cable Company (SE:2110) rose to 52-week highs; gaining 5.95% or 2.45 to 43.60.

Crude oil for February delivery was up 1.56% or 0.79 to $51.30 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 1.61% or 0.95 to hit $59.94 a barrel, while the February Gold Futures contract fell 0.11% or 1.45 to trade at $1289.85 a troy ounce.

EUR/SAR was down 0.43% to 4.2853, while USD/SAR rose 0.00% to 3.7510.

The US Dollar Index Futures was up 0.34% at 95.530.

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