Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.45% By Investing.com

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.45%

Stock Markets Apr 17, 2022 10:15AM ET

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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.45%

Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the Industrial Investment, Transport and Financial Services sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.45% to hit a new 5-year high.

The best performers of the session on the Tadawul All Share were Saudi Industrial Export Co (TADAWUL:4140), which rose 7.62% or 29.20 points to trade at 412.20 at the close. Meanwhile, Aseer Trading Tourism&Manufacturing (TADAWUL:4080) added 7.41% or 1.34 points to end at 19.42 and Rabigh Refining & Petrochemical Co (TADAWUL:2380) was up 5.80% or 1.75 points to 31.90 in late trade.

The worst performers of the session were Jarir Marketing Co (TADAWUL:4190), which fell 3.01% or 6.20 points to trade at 199.80 at the close. Nahdi Medical Co (TADAWUL:4164) declined 2.65% or 4.60 points to end at 169.00 and International Company for Water and Power Projects (ACWA Power) (TADAWUL:2082) was down 2.56% or 3.60 points to 137.20.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 123 to 100 and 14 ended unchanged.

Shares in Saudi Industrial Export Co (TADAWUL:4140) rose to 3-years highs; gaining 7.62% or 29.20 to 412.20.

Crude oil for June delivery was up 2.17% or 2.26 to $106.51 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 0.09% or 0.10 to hit $111.23 a barrel, while the June Gold Futures contract fell 0.61% or 12.20 to trade at $1,972.50 a troy ounce.

EUR/SAR was down 0.16% to 4.05, while USD/SAR unchanged 0.01% to 3.75.

The US Dollar Index Futures was up 0.39% at 100.30.

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