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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.63%

Published 12/03/2019, 09:15 AM
Updated 12/03/2019, 09:15 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.63% – Saudi Arabia stocks were higher after the close on Tuesday, as gains in the Energy & Utilities, Financial Services and Telecoms & IT sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.63%.

The best performers of the session on the Tadawul All Share were Anaam International Holding Group (SE:4061), which rose 9.83% or 0.97 points to trade at 10.84 at the close. Meanwhile, Tabuk Agriculture Development Co (SE:6040) added 5.94% or 0.46 points to end at 8.21 and Yanbu Cement Co. (SE:3060) was up 3.69% or 1.30 points to 36.50 in late trade.

The worst performers of the session were Alinma Tokio Marine Co (SE:8312), which fell 3.85% or 0.44 points to trade at 11.00 at the close. Saudi Automotive Services Co. (SE:4050) declined 3.45% or 0.88 points to end at 24.62 and Arabian Shield Coop Insurance Co (SE:8070) was down 3.00% or 0.42 points to 13.58.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 92 to 87 and 19 ended unchanged.

Shares in Yanbu Cement Co. (SE:3060) rose to 52-week highs; rising 3.69% or 1.30 to 36.50.

Crude oil for January delivery was up 0.11% or 0.06 to $56.02 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 0.10% or 0.06 to hit $60.86 a barrel, while the February Gold Futures contract rose 0.81% or 11.95 to trade at $1481.15 a troy ounce.

EUR/SAR was down 0.00% to 4.1535, while USD/SAR rose 0.01% to 3.7500.

The US Dollar Index Futures was down 0.06% at 97.730.

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