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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.61%

Published 04/18/2018, 09:15 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.61%
TASI
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TBNI
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TUTI
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TENI
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8020
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2170
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2380
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4030
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4260
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4004
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Investing.com – Saudi Arabia stocks were higher after the close on Wednesday, as gains in the Energy & Utilities, Petrochemicals and Financial Services sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.61% to hit a new 52-week high.

The best performers of the session on the Tadawul All Share were Rabigh Refining & Petrochemical Co (SE:2380), which rose 7.91% or 2.18 points to trade at 29.75 at the close. Meanwhile, Malath Cooperative Insurance Co (SE:8020) added 6.36% or 0.99 points to end at 16.56 and Alujain Corporation (SE:2170) was up 5.91% or 1.46 points to 26.15 in late trade.

The worst performers of the session were The National Shipping Co. (SE:4030), which fell 3.34% or 1.08 points to trade at 31.25 at the close. United Int Transportation Company (SE:4260) declined 3.15% or 1.22 points to end at 37.55 and Dallah Healthcare Holding Company (SE:4004) was down 2.81% or 3.09 points to 107.00.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 102 to 80 and 6 ended unchanged.

Shares in Rabigh Refining & Petrochemical Co (SE:2380) rose to 3-years highs; up 7.91% or 2.18 to 29.75. Shares in Alujain Corporation (SE:2170) rose to 3-years highs; up 5.91% or 1.46 to 26.15.

Crude oil for May delivery was up 2.04% or 1.36 to $67.88 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 1.72% or 1.23 to hit $72.81 a barrel, while the June Gold Futures contract rose 0.45% or 6.10 to trade at $1355.60 a troy ounce.

EUR/SAR was up 0.13% to 4.6447, while USD/SAR rose 0.02% to 3.7508.

The US Dollar Index Futures was up 0.03% at 89.25.

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