Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.41%

  • Investing.com
  • Stock Market News
Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.41%
Credit: © Reuters.

Investing.com – Saudi Arabia equities were higher at the close on Thursday, as gains in the Telecoms & IT , Retail and Media & Publishing sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.41% to hit a new 1-month high.

The biggest gainers of the session on the Tadawul All Share were Etihad Etisalat Co (SE: 7020 ), which rose 5.48% or 0.78 points to trade at 15.02 at the close. Trade Union Cooperative Insurance (SE: 8170 ) added 3.65% or 0.70 points to end at 19.88 and Sahara (SE: 2260 ) was up 3.63% or 0.58 points to 16.54 in late trade.

Biggest losers included Makkah Construction&Development Co (SE: 4100 ), which lost 3.11% or 2.61 points to trade at 81.20 in late trade. Saudi RE Cooperative Reinsurance (SE: 8200 ) declined 2.26% or 0.18 points to end at 7.77 and Middle East Specialized Cables Co (SE: 2370 ) shed 1.81% or 0.16 points to 8.69.

Advancing stocks outnumbered falling ones by 90 to 87 and 9 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for February delivery was down 0.02% or 0.01 to $59.63 a barrel. Meanwhile, Brent oil for delivery in March fell 0.11% or 0.07 to hit $65.92 a barrel, while the February Gold Futures contract rose 0.03% or 0.40 to trade at $1291.80 a troy ounce.

EUR/SAR was up 0.34% to 4.4760, while USD/SAR rose 0.01% to 3.7502.

The US Dollar Index Futures was down 0.24% at 92.44.

Add Chart to Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100
Please try another search