Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.11%

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.11%

Dec 22, 2019

Saudi Arabia stocks were higher after the close on Sunday, as gains in the Industrial Investment, Media&Publishing and Building&Construction sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.11% to hit a new 3-months high.

The best performers of the session on the Tadawul All Share were Amana Cooperative Insurance Co (SE:8310), which rose 10.00% or 1.10 points to trade at 12.10 at the close. Meanwhile, Saudi vitrified clay pipes co. (SE:2360) added 10.00% or 5.00 points to end at 55.00 and Food Products Co. (SE:2100) was up 9.93% or 1.06 points to 11.74 in late trade.

The worst performers of the session were Arab National Bank (SE:1080), which fell 2.48% or 0.70 points to trade at 27.55 at the close. Taleem REIT Fund (SE:4333) declined 2.44% or 0.30 points to end at 12.00 and Arabian Centres Co (SE:4321) was down 2.32% or 0.70 points to 29.45.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 141 to 52 and 6 ended unchanged.

Shares in Saudi vitrified clay pipes co. (SE:2360) rose to 52-week highs; rising 10.00% or 5.00 to 55.00.

Crude oil for February delivery was down 1.32% or 0.81 to $60.37 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 0.75% or 0.50 to hit $66.04 a barrel, while the February Gold Futures contract fell 0.16% or 2.35 to trade at $1482.05 a troy ounce.

EUR/SAR was down 0.37% to 4.1556, while USD/SAR rose 0.00% to 3.7512.

The US Dollar Index Futures was up 0.34% at 97.280.

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