Investing.com – Saudi Arabia stocks were higher after the close on Thursday, as gains in the Petrochemicals, Cement and Insurance sectors led shares higher.
At the close in Saudi Arabia, the Tadawul All Share added 1.04% to hit a new 52-week high.
The best performers of the session on the Tadawul All Share were Saudi Int Petrochemical Co (SE:2310), which rose 5.80% or 1.26 points to trade at 22.98 at the close. Meanwhile, AXA Cooperative Insurance Company (SE:8250) added 4.69% or 1.28 points to end at 28.55 and The Company for Coop. Insurance (SE:8010) was up 3.96% or 3.15 points to 82.60 in late trade.
The worst performers of the session were Saudi Cable Company (SE:2110), which fell 3.45% or 0.35 points to trade at 9.79 at the close. Banque Saudi Fransi (SE:1050) declined 2.52% or 0.75 points to end at 29.00 and The Qassim Cement Co (SE:3040) was down 2.45% or 1.03 points to 41.00.
Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 131 to 52 and 5 ended unchanged.
Shares in Saudi Int Petrochemical Co (SE:2310) rose to 52-week highs; up 5.80% or 1.26 to 22.98. Shares in Saudi Cable Company (SE:2110) fell to 52-week lows; falling 3.45% or 0.35 to 9.79. Shares in AXA Cooperative Insurance Company (SE:8250) rose to 3-years highs; rising 4.69% or 1.28 to 28.55.
Crude oil for May delivery was down 0.24% or 0.15 to $63.22 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 0.03% or 0.02 to hit $68.00 a barrel, while the June Gold Futures contract fell 0.85% or 11.40 to trade at $1328.80 a troy ounce.
EUR/SAR was down 0.23% to 4.5946, while USD/SAR fell 0.00% to 3.7497.
The US Dollar Index Futures was up 0.30% at 90.05.