Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.82%

Published 02/23/2021, 09:15 AM
Updated 02/23/2021, 09:15 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.82%

Investing.com – Saudi Arabia stocks were higher after the close on Tuesday, as gains in the Financial Services, Industrial Investment and Telecoms & IT sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.82% to hit a new 52-week high.

The best performers of the session on the Tadawul All Share were Nama Chemicals Co. (SE:2210), which rose 9.99% or 3.55 points to trade at 39.10 at the close. Meanwhile, Etihad Atheeb Telecommunication (SE:7040) added 9.98% or 2.140 points to end at 23.580 and Saudi Advanced Industries Co. (SE:2120) was up 9.95% or 2.10 points to 23.20 in late trade.

The worst performers of the session were Food Products Co. (SE:2100), which fell 4.14% or 7.80 points to trade at 180.40 at the close. The Company for Coop. Insurance (SE:8010) declined 3.42% or 2.90 points to end at 81.80 and Jazan Development Co. (SE:6090) was down 3.34% or 0.78 points to 22.56.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 106 to 86 and 12 ended unchanged.

Shares in Nama Chemicals Co. (SE:2210) rose to 5-year highs; gaining 9.99% or 3.55 to 39.10. Shares in Etihad Atheeb Telecommunication (SE:7040) rose to 5-year highs; up 9.98% or 2.140 to 23.580. Shares in Saudi Advanced Industries Co. (SE:2120) rose to 5-year highs; gaining 9.95% or 2.10 to 23.20.

Crude oil for April delivery was down 0.41% or 0.25 to $61.45 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 0.11% or 0.07 to hit $64.29 a barrel, while the April Gold Futures contract fell 0.09% or 1.60 to trade at $1806.80 a troy ounce.

EUR/SAR was down 0.02% to 4.5572, while USD/SAR rose 0.01% to 3.7505.

The US Dollar Index Futures was up 0.18% at 90.162.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.