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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.03%

Published 03/24/2022, 10:15 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.03%
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Investing.com – Saudi Arabia stocks were higher after the close on Thursday, as gains in the Transport, Cement and Energy & Utilities sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.03% to hit a new 5-year high.

The best performers of the session on the Tadawul All Share were Scientific and Medical Equipment House Company CJSC (SE:4014), which rose 9.93% or 6.80 points to trade at 75.30 at the close. Meanwhile, Saudi Arabian Amiantit Co. (SE:2160) added 7.88% or 3.45 points to end at 47.25 and National Medical Care Company (SE:4005) was up 6.31% or 4.70 points to 79.20 in late trade.

The worst performers of the session were Gulf Union Cooperative Insurance (SE:8120), which fell 3.26% or 0.48 points to trade at 14.24 at the close. Alujain Corporation (SE:2170) declined 2.97% or 1.90 points to end at 62.10 and The Company for Coop. Insurance (SE:8010) was down 2.78% or 2.00 points to 69.90.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 112 to 103 and 21 ended unchanged.

Shares in National Medical Care Company (SE:4005) rose to 5-year highs; up 6.31% or 4.70 to 79.20. Shares in The Company for Coop. Insurance (SE:8010) fell to 52-week lows; down 2.78% or 2.00 to 69.90.

Crude oil for May delivery was down 2.38% or 2.74 to $112.19 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 2.57% or 3.13 to hit $118.47 a barrel, while the April Gold Futures contract rose 0.98% or 19.05 to trade at $1,956.35 a troy ounce.

EUR/SAR was down 0.24% to 4.12, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was up 0.29% at 98.90.

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