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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.30%
Published Jan 12, 2020 09:15AM ET
© Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.30%
Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the Media & Publishing, Real Estate Development and Hotels & Tourism sectors led shares higher.
At the close in Saudi Arabia, the Tadawul All Share gained 0.30%.
The best performers of the session on the Tadawul All Share were Nama Chemicals Co. (SE:2210), which rose 7.66% or 1.80 points to trade at 25.30 at the close. Meanwhile, Umm Al-Qura (SE:3005) added 6.67% or 1.50 points to end at 24.00 and Taleem REIT Fund (SE:4333) was up 5.85% or 0.76 points to 13.76 in late trade.
The worst performers of the session were Samba Financial Group (SE:1090), which fell 2.78% or 0.90 points to trade at 31.50 at the close. The Saudi British Bank (SE:1060) declined 1.72% or 0.60 points to end at 34.30 and Saudi vitrified clay pipes co. (SE:2360) was down 1.49% or 0.80 points to 53.00.
Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 164 to 20 and 15 ended unchanged.
Shares in Umm Al-Qura (SE:3005) rose to 52-week highs; gaining 6.67% or 1.50 to 24.00. Shares in Taleem REIT Fund (SE:4333) rose to 52-week highs; rising 5.85% or 0.76 to 13.76.
Crude oil for February delivery was down 0.74% or 0.44 to $59.12 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.46% or 0.30 to hit $65.07 a barrel, while the February Gold Futures contract rose 0.57% or 8.90 to trade at $1563.20 a troy ounce.
EUR/SAR was up 0.16% to 4.1722, while USD/SAR rose 0.02% to 3.7516.
The US Dollar Index Futures was down 0.09% at 97.075.
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