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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.24%

Published 04/06/2021, 10:15 AM
Updated 04/06/2021, 10:15 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.24%

Investing.com – Saudi Arabia stocks were higher after the close on Tuesday, as gains in the Energy & Utilities, Retail and Hotels & Tourism sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.24% to hit a new 5-year high.

The best performers of the session on the Tadawul All Share were Mouwasat Medical Services Company (SE:4002), which rose 7.59% or 12.00 points to trade at 170.00 at the close. Meanwhile, Alujain Corporation (SE:2170) added 5.94% or 3.00 points to end at 53.50 and National Agriculture Development Co (SE:6010) was up 5.79% or 1.90 points to 34.70 in late trade.

The worst performers of the session were AlJazira Mawten REIT (SE:4331), which fell 3.59% or 0.88 points to trade at 23.60 at the close. United Wire Factories Company (SE:1301) declined 3.13% or 1.20 points to end at 37.20 and Al Sagr Co-operative Insurance Co (SE:8180) was down 2.73% or 0.48 points to 17.12.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 112 to 77 and 16 ended unchanged.

Shares in Mouwasat Medical Services Company (SE:4002) rose to all time highs; gaining 7.59% or 12.00 to 170.00. Shares in Alujain Corporation (SE:2170) rose to 5-year highs; rising 5.94% or 3.00 to 53.50. Shares in National Agriculture Development Co (SE:6010) rose to 52-week highs; rising 5.79% or 1.90 to 34.70.

Crude oil for May delivery was up 3.24% or 1.90 to $60.55 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 2.85% or 1.77 to hit $63.92 a barrel, while the June Gold Futures contract rose 0.79% or 13.60 to trade at $1742.40 a troy ounce.

EUR/SAR was up 0.27% to 4.4413, while USD/SAR rose 0.00% to 3.7504.

The US Dollar Index Futures was down 0.14% at 92.468.

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