Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.49%

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.49%

Jun 21, 2018

Investing.com – Saudi Arabia stocks were higher after the close on Thursday, as gains in the Telecoms&IT, Hotels&Tourism and Financial Services sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.49%.

The best performers of the session on the Tadawul All Share were Amana Cooperative Insurance Co (SE:8310), which rose 9.93% or 1.44 points to trade at 15.94 at the close. Meanwhile, Al-Rajhi Cooperative Insurance (SE:8230) added 5.77% or 3.20 points to end at 58.70 and Saudi Indian Company Insurance (SE:8110) was up 4.75% or 0.58 points to 12.80 in late trade.

The worst performers of the session were Middle East Paper Co (SE:1202), which fell 2.48% or 0.58 points to trade at 22.82 at the close. Saudi Cable Company (SE:2110) declined 2.36% or 0.21 points to end at 8.70 and Mouwasat Medical Services Company (SE:4002) was down 2.26% or 2.10 points to 90.90.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 122 to 46 and 16 ended unchanged.

Crude oil for August delivery was down 1.00% or 0.66 to $65.05 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 1.77% or 1.32 to hit $73.42 a barrel, while the August Gold Futures contract fell 0.54% or 6.90 to trade at $1267.60 a troy ounce.

EUR/SAR was up 0.12% to 4.3465, while USD/SAR rose 0.03% to 3.7511.

The US Dollar Index Futures was down 0.11% at 94.68.

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