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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.03%

Published 04/14/2020, 10:15 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.03%
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Investing.com – Saudi Arabia stocks were higher after the close on Tuesday, as gains in the Telecoms & IT, Energy & Utilities and Retail sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 1.03%.

The best performers of the session on the Tadawul All Share were Red Sea Housing Services Company (SE:4230), which rose 9.98% or 1.12 points to trade at 12.34 at the close. Meanwhile, Hail Cement Company (SE:3001) added 6.16% or 0.66 points to end at 11.38 and Arabian Centres Co (SE:4321) was up 5.11% or 1.06 points to 21.80 in late trade.

The worst performers of the session were Food Products Co. (SE:2100), which fell 6.50% or 2.40 points to trade at 34.55 at the close. Alujain Corporation (SE:2170) declined 4.38% or 1.20 points to end at 26.20 and Alinma Bank (SE:1150) was down 2.78% or 0.44 points to 15.36.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 119 to 66 and 14 ended unchanged.

Crude oil for May delivery was down 2.63% or 0.59 to $21.82 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 1.83% or 0.58 to hit $31.16 a barrel, while the June Gold Futures contract rose 1.13% or 19.95 to trade at $1781.35 a troy ounce.

EUR/SAR was up 0.55% to 4.1246, while USD/SAR rose 0.01% to 3.7595.

The US Dollar Index Futures was down 0.38% at 98.957.

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