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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.18%

Published 07/08/2019, 10:15 AM
Updated 07/08/2019, 10:15 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.18%

Investing.com – Saudi Arabia stocks were higher after the close on Monday, as gains in the Energy & Utilities, Petrochemicals and Real Estate Development sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.18%.

The best performers of the session on the Tadawul All Share were Tabuk Cement Co. (SE:3090), which rose 4.81% or 0.62 points to trade at 13.52 at the close. Meanwhile, Saudi Industrial Services Co. (SE:2190) added 4.39% or 0.64 points to end at 15.22 and Aldrees Petroleum & Transport Svcs (SE:4200) was up 3.85% or 1.35 points to 36.40 in late trade.

The worst performers of the session were Herfy Food Services Co (SE:6002), which fell 4.68% or 2.70 points to trade at 55.00 at the close. Saudi Industrial Investment Group (SE:2250) declined 2.92% or 0.70 points to end at 23.30 and Saudi Arabian Mining Company (SE:1211) was down 2.67% or 1.25 points to 45.65.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 99 to 77 and 15 ended unchanged.

Shares in Saudi Industrial Services Co. (SE:2190) rose to 52-week highs; rising 4.39% or 0.64 to 15.22. Shares in Aldrees Petroleum & Transport Svcs (SE:4200) rose to 3-years highs; gaining 3.85% or 1.35 to 36.40.

Crude oil for August delivery was up 1.56% or 0.90 to $58.41 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 1.32% or 0.85 to hit $65.08 a barrel, while the August Gold Futures contract rose 0.18% or 2.50 to trade at $1402.60 a troy ounce.

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EUR/SAR was down 0.04% to 4.2067, while USD/SAR rose 0.00% to 3.7503.

The US Dollar Index Futures was up 0.04% at 96.933.

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