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

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

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

Error: File type not supported

Drop an image here or