Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.03% By Investing.com

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.03%

Stock MarketsFeb 14, 2021 09:15AM ET

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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.03%

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

At the close in Saudi Arabia, the Tadawul All Share rose 1.03% to hit a new 52-week high.

The best performers of the session on the Tadawul All Share were United Cooperative Assurance Co (SE:8190), which rose 10.00% or 2.50 points to trade at 27.50 at the close. Meanwhile, Saudi vitrified clay pipes co. (SE:2360) added 9.98% or 11.20 points to end at 123.40 and Etihad Atheeb Telecommunication (SE:7040) was up 9.95% or 1.100 points to 12.160 in late trade.

The worst performers of the session were AlAhli Fund of REITs (SE:4338), which fell 3.58% or 0.34 points to trade at 9.17 at the close. Al Rajhi REIT (SE:4340) declined 1.94% or 0.19 points to end at 9.62 and Southern Province Cement Co. (SE:3050) was down 1.79% or 1.60 points to 87.80.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 147 to 45 and 12 ended unchanged.

Shares in United Cooperative Assurance Co (SE:8190) rose to 5-year highs; gaining 10.00% or 2.50 to 27.50. Shares in Saudi vitrified clay pipes co. (SE:2360) rose to 5-year highs; up 9.98% or 11.20 to 123.40. Shares in Etihad Atheeb Telecommunication (SE:7040) rose to 52-week highs; up 9.95% or 1.100 to 12.160.

Crude oil for March delivery was up 2.54% or 1.48 to $59.72 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 2.49% or 1.52 to hit $62.66 a barrel, while the April Gold Futures contract fell 0.12% or 2.25 to trade at $1824.55 a troy ounce.

EUR/SAR was down 0.06% to 4.5461, while USD/SAR rose 0.00% to 3.7509.

The US Dollar Index Futures was up 0.01% at 90.425.

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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.03%

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