Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.32% By Investing.com

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.32%

Stock MarketsFeb 04, 2020 09:15AM ET

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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.32%

Investing.com – Saudi Arabia stocks were higher after the close on Tuesday, as gains in the Real Estate Development, Building & Construction and Hotels & Tourism sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.32%.

The best performers of the session on the Tadawul All Share were Saudi vitrified clay pipes co. (SE:2360), which rose 5.96% or 3.40 points to trade at 0.02 at the close. Meanwhile, SABB Takaful (SE:8080) added 4.62% or 0.90 points to end at 0.02 and Saudi Paper Manufacturing Co. (SE:2300) was up 4.23% or 1.04 points to 0.02 in late trade.

The worst performers of the session were Saudi Cable Company (SE:2110), which fell 9.98% or 1.88 points to trade at 0.02 at the close. Umm Al-Qura (SE:3005) declined 5.86% or 1.80 points to end at 0.02 and Saudia Dairy and Foodstuff .Co (SE:2270) was down 3.71% or 5.40 points to 0.02.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 117 to 70 and 17 ended unchanged.

Shares in Saudi vitrified clay pipes co. (SE:2360) rose to 52-week highs; rising 5.96% or 3.40 to 0.02. Shares in SABB Takaful (SE:8080) rose to 52-week highs; rising 4.62% or 0.90 to 0.02.

Crude oil for March delivery was up 2.02% or 1.01 to $50.92 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April unchanged 0.00% or 0.00 to hit $55.09 a barrel, while the April Gold Futures contract fell 1.20% or 19.00 to trade at $1564.25 a troy ounce.

EUR/SAR was down 0.10% to 4.1444, while USD/SAR rose 0.01% to 3.7518.

The US Dollar Index Futures was up 0.13% at 97.752.

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