Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.70%

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.70%

Dec 29, 2019

Saudi Arabia stocks were higher after the close on Sunday, as gains in the Media&Publishing, Real Estate Development and Agriculture&Food sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.70%.

The best performers of the session on the Tadawul All Share were Saudi Research and Marketing Group (SE:4210), which rose 9.92% or 7.20 points to trade at 79.80 at the close. Meanwhile, Lazurde for Jewelry Co (SE:4011) added 9.66% or 1.54 points to end at 17.48 and Umm Al-Qura (SE:3005) was up 8.63% or 1.82 points to 22.90 in late trade.

The worst performers of the session were Anb Insurance (SE:8011), which fell 5.13% or 1.08 points to trade at 19.98 at the close. Arabia Insurance Cooperative Co (SE:8160) declined 2.12% or 0.38 points to end at 17.58 and Basic Chemical Industries Co (SE:1210) was down 2.03% or 0.50 points to 24.10.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 155 to 37 and 7 ended unchanged.

Shares in Umm Al-Qura (SE:3005) rose to 52-week highs; up 8.63% or 1.82 to 22.90.

Crude oil for February delivery was up 0.03% or 0.02 to $61.70 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March unchanged 0.00% or 0.00 to hit $66.87 a barrel, while the February Gold Futures contract rose 0.08% or 1.25 to trade at $1515.65 a troy ounce.

EUR/SAR was up 0.74% to 4.1941, while USD/SAR rose 0.02% to 3.7528.

The US Dollar Index Futures was down 0.50% at 96.632.

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