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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.38%

Published 02/19/2020, 09:15 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.38%
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Investing.com – Saudi Arabia stocks were higher after the close on Wednesday, as gains in the Cement, Financial Services and Industrial Investment sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 1.38%.

The best performers of the session on the Tadawul All Share were Al Moammar Information Systems Co CJSC (SE:7200), which rose 9.87% or 4.70 points to trade at 52.30 at the close. Meanwhile, National Gypsum Company (SE:2090) added 5.82% or 0.92 points to end at 16.72 and National Company for Learning and Education SJSC (SE:4291) was up 5.73% or 1.60 points to 29.50 in late trade.

The worst performers of the session were Salama Cooperative Insurance Co (SE:8050), which fell 3.64% or 0.48 points to trade at 12.72 at the close. Saudi Real Estate Co. (SE:4020) declined 3.26% or 0.48 points to end at 14.26 and Ash-Sharqiyah Development Company (SE:6060) was down 3.17% or 2.60 points to 79.30.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 175 to 20 and 3 ended unchanged.

Crude oil for April delivery was up 1.24% or 0.65 to $52.94 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 1.49% or 0.86 to hit $58.61 a barrel, while the April Gold Futures contract rose 0.22% or 3.45 to trade at $1607.05 a troy ounce.

EUR/SAR was up 0.01% to 4.0475, while USD/SAR rose 0.00% to 3.7506.

The US Dollar Index Futures was up 0.16% at 99.487.

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