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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.6700%

Published 03/01/2022, 09:15 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.6700%

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

At the close in Saudi Arabia, the Tadawul All Share rose 0.6700% to hit a new 5-year high.

The best performers of the session on the Tadawul All Share were SABIC AgriNutrients Co (SE:2020), which rose 7.4100% or 11.80000019 points to trade at 171.00000000 at the close. Meanwhile, National Petrochemical Company (SE:2002) added 6.4400% or 2.90000010 points to end at 47.90000153 and Amana Cooperative Insurance Co (SE:8310) was up 4.3800% or 1.39999998 points to 33.40000153 in late trade.

The worst performers of the session were SABB Takaful (SE:8080), which fell 4.8700% or 1.15999997 points to trade at 22.68000031 at the close. Tihama Advertising&Public Relations (SE:4070) declined 4.1100% or 6.59999990 points to end at 153.80000305 and Saudi Cable Company (SE:2110) was down 3.7800% or 0.88000000 points to 22.39999962.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 122 to 94 and 13 ended unchanged.

Shares in SABB Takaful (SE:8080) fell to 52-week lows; losing 4.8700% or 1.15999997 to 22.68000031. Shares in Saudi Cable Company (SE:2110) fell to 52-week lows; falling 3.7800% or 0.88000000 to 22.39999962.

Crude oil for April delivery was up 5.2300% or 5.01000023 to $100.73000336 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 5.4900% or 5.38000011 to hit $103.34999847 a barrel, while the April Gold Futures contract rose 1.0100% or 19.20000076 to trade at $1919.90002441 a troy ounce.

EUR/SAR was down 0.6415% to 4.18190002, while USD/SAR rose 0.0160% to 3.75231934.

The US Dollar Index Futures was up 0.4600% at 97.14199829.

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