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

Published 04/04/2022, 10:15 AM
Updated 04/04/2022, 10:15 AM
© Reuters Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.63%

Investing.com – Saudi Arabia stocks were higher after the close on Monday, as gains in the Energy & Utilities, Agriculture & Food and Financial Services sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.63% to hit a new 5-year high.

The best performers of the session on the Tadawul All Share were International Company for Water and Power Projects (ACWA Power) (SE:2082), which rose 10.00% or 14.40 points to trade at 158.40 at the close. Meanwhile, Al Masane Al Kobra Mining Company CJSC (SE:1322) added 9.91% or 8.40 points to end at 93.20 and Al ELM Information Security Company CJSC (SE:7203) was up 8.30% or 17.60 points to 229.60 in late trade.

The worst performers of the session were Tourism Enterprise Co. (SE:4170), which fell 5.05% or 12.00 points to trade at 225.80 at the close. National Medical Care Company (SE:4005) declined 3.62% or 3.00 points to end at 79.90 and Jabal Omar Development Company (SE:4250) was down 3.51% or 1.00 points to 27.45.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 142 to 84 and 12 ended unchanged.

Shares in International Company for Water and Power Projects (ACWA Power) (SE:2082) rose to all time highs; gaining 10.00% or 14.40 to 158.40. Shares in Al Masane Al Kobra Mining Company CJSC (SE:1322) rose to all time highs; gaining 9.91% or 8.40 to 93.20. Shares in Al ELM Information Security Company CJSC (SE:7203) rose to all time highs; rising 8.30% or 17.60 to 229.60.

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Crude oil for May delivery was up 3.99% or 3.96 to $103.23 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 3.28% or 3.42 to hit $107.81 a barrel, while the June Gold Futures contract rose 0.32% or 6.10 to trade at $1,929.80 a troy ounce.

EUR/SAR was down 0.61% to 4.12, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was up 0.30% at 98.93.

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