Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.08%

  • Stock Market News
Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.08%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Wednesday, as gains in the Financial Services , Media & Publishing and Insurance sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 1.08% to hit a new 3-year high.

The biggest gainers of the session on the Tadawul All Share were Alinma Bank (SE: 1150 ), which rose 4.07% or 1.05 points to trade at 26.85 at the close. Alkhaleej Training & Education Co (SE: 4290 ) added 3.64% or 0.52 points to end at 14.80 and Banque Saudi Fransi (SE: 1050 ) was up 3.28% or 1.30 points to 40.90 in late trade.

Biggest losers included Gulf Union Cooperative Insurance (SE: 8120 ), which lost 4.84% or 0.78 points to trade at 15.34 in late trade. Saudi Cement Company (SE: 3030 ) declined 2.91% or 1.80 points to end at 60.00 and Saudi Ceramic Co. (SE: 2040 ) shed 2.38% or 0.48 points to 19.72.

Declining stocks outnumbered rising ones by 105 to 70 and 16 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for May delivery was up 0.09% or 0.06 to $64.11 a barrel. Meanwhile, Brent oil for delivery in June rose 0.03% or 0.02 to hit $71.74 a barrel, while the June Gold Futures contract fell 0.07% or 0.85 to trade at $1276.35 a troy ounce.

EUR/SAR was up 0.11% to 4.2350, while USD/SAR fell 0.00% to 3.7501.

The US Dollar Index Futures was up 0.03% at 96.683.

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

Error: File type not supported

Drop an image here or