Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.83% By Investing.com

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.83%

Stock Markets Mar 20, 2022 10:15AM ET

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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.83%

Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the Petrochemicals, Energy & Utilities and Industrial Investment sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.83% to hit a new 5-year high.

The best performers of the session on the Tadawul All Share were Saudi Industrial Export Co (SE:4140), which rose 9.95% or 32.60 points to trade at 360.20 at the close. Meanwhile, Electrical Industries Co (SE:1303) added 8.37% or 2.20 points to end at 28.50 and Anaam International Holding Group (SE:4061) was up 6.06% or 4.80 points to 84.00 in late trade.

The worst performers of the session were Etihad Etisalat Co (SE:7020), which fell 4.65% or 2.00 points to trade at 41.05 at the close. Bupa Arabia for Coop. Insurance (SE:8210) declined 4.07% or 7.40 points to end at 174.60 and Bindawood Holding Co (SE:4161) was down 2.41% or 2.30 points to 93.20.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 113 to 111 and 11 ended unchanged.

Crude oil for May delivery was unchanged 0.00% or 0.00 to $103.09 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 1.24% or 1.32 to hit $107.96 a barrel, while the April Gold Futures contract fell 1.11% or 21.65 to trade at $1,921.55 a troy ounce.

EUR/SAR was down 0.35% to 4.15, while USD/SAR unchanged 0.02% to 3.75.

The US Dollar Index Futures was up 0.24% at 98.21.

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Comments (1)

Charlie Fang Mar 20, 2022 1:14PM ET

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