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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.00%

Published 06/17/2019, 10:15 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.00%
TASI
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TUTI
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1060
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8310
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Investing.com – Saudi Arabia stocks were higher after the close on Monday, as gains in the Real Estate Development, Media & Publishing and Energy & Utilities sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 1.00%.

The best performers of the session on the Tadawul All Share were Amana Cooperative Insurance Co (SE:8310), which rose 6.31% or 0.74 points to trade at 12.46 at the close. Meanwhile, Dar Alarkan Real Estate Development (SE:4300) added 6.17% or 0.70 points to end at 12.04 and Saudi Enaya Cooperative Insurance (SE:8311) was up 5.27% or 0.60 points to 11.98 in late trade.

The worst performers of the session were The Saudi British Bank (SE:1060), which fell 1.56% or 0.65 points to trade at 41.00 at the close. AL-BABTAIN POWER &TELECOM CO (SE:2320) declined 1.27% or 0.28 points to end at 21.70 and Electrical Industries Co (SE:1303) was down 1.16% or 0.20 points to 17.08.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 161 to 19 and 9 ended unchanged.

Shares in Dar Alarkan Real Estate Development (SE:4300) rose to 52-week highs; up 6.17% or 0.70 to 12.04.

Crude oil for July delivery was down 0.70% or 0.37 to $52.14 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 0.34% or 0.21 to hit $61.80 a barrel, while the August Gold Futures contract fell 0.08% or 1.05 to trade at $1343.45 a troy ounce.

EUR/SAR was up 0.22% to 4.2145, while USD/SAR fell 0.01% to 3.7504.

The US Dollar Index Futures was down 0.16% at 96.905.

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