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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.38%

Published 04/04/2016, 09:15 AM
Updated 04/04/2016, 09:25 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.38%

Investing.com – Saudi Arabia stocks were higher after the close on Monday, as gains in the Media & Publishing, Telecoms & IT and Energy & Utilities sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 1.38%.

The best performers of the session on the Tadawul All Share were Saudi Printing & Packaging Company (SE:4270), which rose 10.67% or 2.00 points to trade at 20.75 at the close. Meanwhile, The Mediterranean&Gulf Insurance Co (SE:8030) added 10.05% or 1.95 points to end at 21.35 and Tihama Advertising&Public Relations (SE:4070) was up 10.03% or 3.30 points to 36.20 in late trade.

The worst performers of the session were Saudi Indian Company Insurance (SE:8110), which fell 9.71% or 1.35 points to trade at 12.55 at the close. Yanbu Cement Co. (SE:3060) declined 7.35% or 3.60 points to end at 45.40 and Al-Ahlia Insurance Company (SE:8140) was down 5.88% or 0.35 points to 5.60.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 148 to 12 and 8 ended unchanged.

Crude oil for May delivery was down 0.19% or 0.07 to $36.72 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 0.80% or 0.31 to hit $38.36 a barrel, while the June Gold contract fell 0.13% or 1.60 to trade at $1221.90 a troy ounce.

EUR/SAR was up 0.09% to 4.2770, while USD/SAR rose 0.01% to 3.7501.

The US Dollar Index was down 0.13% at 94.46.

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