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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.42%

Published 04/15/2021, 10:15 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.42%
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Investing.com – Saudi Arabia stocks were higher after the close on Thursday, as gains in the Financial Services, Cement and Real Estate Development sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 1.42%.

The best performers of the session on the Tadawul All Share were Saudi Arabia Fertilizers Co. (SE:2020), which rose 4.94% or 4.90 points to trade at 104.00 at the close. Meanwhile, AL-BABTAIN POWER &TELECOM CO (SE:2320) added 4.37% or 1.45 points to end at 34.65 and National Gas & Industrialization Co (SE:2080) was up 3.71% or 1.30 points to 36.30 in late trade.

The worst performers of the session were Arriyadh Development Co. (SE:4150), which fell 1.46% or 0.34 points to trade at 22.94 at the close. Alkhorayef Water and Power Technologies Co (SE:2081) declined 1.24% or 1.40 points to end at 111.60 and Saudi Airlines Catering Company (SE:6004) was down 0.92% or 0.70 points to 75.50.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 150 to 33 and 22 ended unchanged.

Shares in Saudi Arabia Fertilizers Co. (SE:2020) rose to 5-year highs; gaining 4.94% or 4.90 to 104.00. Shares in AL-BABTAIN POWER &TELECOM CO (SE:2320) rose to 5-year highs; gaining 4.37% or 1.45 to 34.65. Shares in National Gas & Industrialization Co (SE:2080) rose to 3-years highs; up 3.71% or 1.30 to 36.30.

Crude oil for May delivery was up 0.11% or 0.07 to $63.22 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 0.15% or 0.10 to hit $66.68 a barrel, while the June Gold Futures contract rose 1.60% or 27.85 to trade at $1764.15 a troy ounce.

EUR/SAR was up 0.05% to 4.4940, while USD/SAR rose 0.00% to 3.7504.

The US Dollar Index Futures was down 0.13% at 91.558.

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