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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.84%

Published 12/02/2018, 08:15 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.84%
TISII
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8170
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6060
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1150
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2020
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4007
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4008
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Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the Petrochemicals, Insurance and Cement sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 1.84%.

The best performers of the session on the Tadawul All Share were Trade Union Cooperative Insurance (SE:8170), which rose 8.00% or 1.94 points to trade at 26.20 at the close. Meanwhile, Saudi Company for Hardware (SE:4008) added 7.27% or 7.10 points to end at 104.80 and Alinma Bank (SE:1150) was up 5.95% or 1.24 points to 22.08 in late trade.

The worst performers of the session were Al Hammadi Co (SE:4007), which fell 2.77% or 0.70 points to trade at 24.60 at the close. Ash-Sharqiyah Development Company (SE:6060) declined 0.97% or 0.50 points to end at 51.00 and Saudi Arabia Fertilizers Co. (SE:2020) was down 0.63% or 0.50 points to 79.30.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 166 to 13 and 6 ended unchanged.

Shares in Trade Union Cooperative Insurance (SE:8170) rose to 3-years highs; gaining 8.00% or 1.94 to 26.20.

Crude oil for January delivery was down 1.46% or 0.75 to $50.70 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 1.20% or 0.72 to hit $59.19 a barrel, while the February Gold Futures contract fell 0.21% or 2.60 to trade at $1227.80 a troy ounce.

EUR/SAR was down 0.62% to 4.2468, while USD/SAR rose 0.01% to 3.7520.

The US Dollar Index Futures was up 0.44% at 97.120.

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