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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.70%
Published Aug 24, 2020 10:15AM ET
© Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.70%
Investing.com – Saudi Arabia stocks were higher after the close on Monday, as gains in the Media & Publishing, Petrochemicals and Real Estate Development sectors led shares higher.
At the close in Saudi Arabia, the Tadawul All Share rose 0.70% to hit a new 6-months high.
The best performers of the session on the Tadawul All Share were Saudi Printing & Packaging Company (SE:4270), which rose 10.00% or 1.54 points to trade at 16.94 at the close. Meanwhile, Saudi Research and Marketing Group (SE:4210) added 9.90% or 6.20 points to end at 68.80 and Saudi Industrial Export Co (SE:4140) was up 7.68% or 5.20 points to 72.90 in late trade.
The worst performers of the session were Solidarity Saudi Takaful Co (SE:8290), which fell 4.92% or 0.74 points to trade at 14.30 at the close. The National Co for Glass Industrie (SE:2150) declined 4.73% or 1.40 points to end at 28.20 and Alinma Tokio Marine Co (SE:8312) was down 2.92% or 0.46 points to 15.28.
Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 104 to 86 and 12 ended unchanged.
Shares in Saudi Printing & Packaging Company (SE:4270) rose to 52-week highs; rising 10.00% or 1.54 to 16.94. Shares in Saudi Industrial Export Co (SE:4140) rose to 52-week highs; up 7.68% or 5.20 to 72.90.
Crude oil for October delivery was up 0.73% or 0.31 to $42.65 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 1.07% or 0.48 to hit $45.41 a barrel, while the December Gold Futures contract rose 0.37% or 7.15 to trade at $1954.15 a troy ounce.
EUR/SAR was up 0.28% to 4.4351, while USD/SAR rose 0.00% to 3.7504.
The US Dollar Index Futures was down 0.20% at 93.058.
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