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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.50%

Published 09/20/2022, 10:15 AM
Updated 09/20/2022, 10:15 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.50%

Investing.com – Saudi Arabia stocks were higher after the close on Tuesday, as gains in the Insurance, Retail and Building & Construction sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.50%.

The best performers of the session on the Tadawul All Share were Dallah Healthcare Holding Company (TADAWUL:4004), which rose 7.31% or 9.40 points to trade at 138.00 at the close. Meanwhile, Bupa Arabia for Coop. Insurance (TADAWUL:8210) added 7.00% or 11.20 points to end at 171.20 and Al Sorayai Trading&Industrial Group (TADAWUL:1213) was up 6.63% or 3.05 points to 49.05 in late trade.

The worst performers of the session were SABB Takaful (TADAWUL:8080), which fell 4.52% or 0.60 points to trade at 12.66 at the close. Salama Cooperative Insurance Co (TADAWUL:8050) declined 4.15% or 0.74 points to end at 17.10 and CHUBB Arabia Cooperative Insurance (TADAWUL:8240) was down 3.58% or 0.64 points to 17.26.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 126 to 105 and 17 ended unchanged.

Shares in Dallah Healthcare Holding Company (TADAWUL:4004) rose to all time highs; rising 7.31% or 9.40 to 138.00. Shares in SABB Takaful (TADAWUL:8080) fell to 52-week lows; losing 4.52% or 0.60 to 12.66. Shares in Salama Cooperative Insurance Co (TADAWUL:8050) fell to all time lows; losing 4.15% or 0.74 to 17.10. Shares in CHUBB Arabia Cooperative Insurance (TADAWUL:8240) fell to 52-week lows; down 3.58% or 0.64 to 17.26.

Crude oil for November delivery was down 2.45% or 2.09 to $83.27 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 2.15% or 1.98 to hit $90.02 a barrel, while the December Gold Futures contract fell 0.37% or 6.15 to trade at $1,672.05 a troy ounce.

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EUR/SAR was down 0.29% to 3.76, while USD/SAR unchanged 0.03% to 3.76.

The US Dollar Index Futures was up 0.28% at 109.78.

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