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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.08%

Published 10/18/2020, 10:15 AM
Updated 10/18/2020, 10:15 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.08%

© Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.08%

Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the Agriculture & Food, Insurance and Cement sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.08%.

The best performers of the session on the Tadawul All Share were AlJazira Mawten REIT (SE:4331), which rose 9.75% or 2.22 points to trade at 24.98 at the close. Meanwhile, Arab Sea Information Systems Co SJSC (SE:7201) added 8.59% or 6.30 points to end at 79.60 and Al Kathiri Holding Co (SE:3008) was up 5.61% or 5.50 points to 103.60 in late trade.

The worst performers of the session were Mobile Telecommunications Company (SE:7030), which fell 4.87% or 0.74 points to trade at 14.46 at the close. Methanol Chemicals Company (SE:2001) declined 3.37% or 0.42 points to end at 12.06 and Saudi Public Transport Co. (SE:4040) was down 2.70% or 0.50 points to 18.00.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 111 to 62 and 13 ended unchanged.

Shares in AlJazira Mawten REIT (SE:4331) rose to all time highs; rising 9.75% or 2.22 to 24.98. Shares in Arab Sea Information Systems Co SJSC (SE:7201) rose to all time highs; rising 8.59% or 6.30 to 79.60.

Crude oil for December delivery was unchanged 0.00% or 0.00 to $41.12 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 0.81% or 0.35 to hit $42.81 a barrel, while the December Gold Futures contract fell 0.32% or 6.10 to trade at $1902.80 a troy ounce.

EUR/SAR was up 0.13% to 4.3961, while USD/SAR rose 0.02% to 3.7513.

The US Dollar Index Futures was down 0.17% at 93.705.

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