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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.44%

Published 12/05/2019, 09:15 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.44%
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Investing.com – Saudi Arabia stocks were higher after the close on Thursday, as gains in the Transport, Telecoms & IT and Retail sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.44%.

The best performers of the session on the Tadawul All Share were Anaam International Holding Group (SE:4061), which rose 9.87% or 1.08 points to trade at 12.02 at the close. Meanwhile, Yamamah Saudi Cement Co. (SE:3020) added 4.80% or 1.10 points to end at 24.00 and Southern Province Cement Co. (SE:3050) was up 4.56% or 2.70 points to 61.90 in late trade.

The worst performers of the session were Saudi United Cooperative Insurance (SE:8060), which fell 2.19% or 0.32 points to trade at 14.32 at the close. Abdullah Saad Mohammed Abo Moati Stationeries Co (SE:4191) declined 2.17% or 0.40 points to end at 18.00 and National Agriculture Marketing Co. (SE:4160) was down 1.86% or 0.36 points to 19.00.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 120 to 55 and 21 ended unchanged.

Shares in Yamamah Saudi Cement Co. (SE:3020) rose to 3-years highs; gaining 4.80% or 1.10 to 24.00. Shares in Southern Province Cement Co. (SE:3050) rose to 52-week highs; gaining 4.56% or 2.70 to 61.90.

Crude oil for January delivery was up 0.51% or 0.30 to $58.73 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.83% or 0.52 to hit $63.52 a barrel, while the February Gold Futures contract fell 0.07% or 1.05 to trade at $1479.15 a troy ounce.

EUR/SAR was up 0.15% to 4.1595, while USD/SAR rose 0.01% to 3.7500.

The US Dollar Index Futures was down 0.14% at 97.465.

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