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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.26%

Published 12/09/2019, 09:15 AM
Updated 12/09/2019, 09:15 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.26%

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

At the close in Saudi Arabia, the Tadawul All Share gained 0.26% to hit a new 3-months high.

The best performers of the session on the Tadawul All Share were Saudi Industrial Services Co. (SE:2190), which rose 4.82% or 0.80 points to trade at 17.40 at the close. Meanwhile, Saudi Int Petrochemical Co (SE:2310) added 4.23% or 0.66 points to end at 16.26 and The Qassim Cement Co (SE:3040) was up 4.13% or 2.70 points to 68.00 in late trade.

The worst performers of the session were Nama Chemicals Co. (SE:2210), which fell 2.84% or 0.66 points to trade at 22.60 at the close. Middle East Healthcare Co CJSC (SE:4009) declined 2.63% or 0.75 points to end at 27.80 and Tabuk Cement Co. (SE:3090) was down 2.25% or 0.34 points to 14.74.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 93 to 91 and 15 ended unchanged.

Shares in Saudi Industrial Services Co. (SE:2190) rose to 5-year highs; up 4.82% or 0.80 to 17.40. Shares in The Qassim Cement Co (SE:3040) rose to 3-years highs; up 4.13% or 2.70 to 68.00.

Crude oil for January delivery was down 1.27% or 0.75 to $58.45 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 0.85% or 0.55 to hit $63.84 a barrel, while the February Gold Futures contract rose 0.24% or 3.45 to trade at $1468.55 a troy ounce.

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EUR/SAR was up 0.19% to 4.1535, while USD/SAR rose 0.01% to 3.7500.

The US Dollar Index Futures was down 0.11% at 97.553.

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