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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.20%

Published 04/18/2016, 09:15 AM
Updated 04/18/2016, 09:15 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.20%

© Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.20%

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

At the close in Saudi Arabia, the Tadawul All Share rose 0.20%.

The best performers of the session on the Tadawul All Share were National Industrialization Co (SE:2060), which rose 9.80% or 1.00 points to trade at 11.20 at the close. Meanwhile, Sahara (SE:2260) added 9.57% or 0.90 points to end at 10.30 and Saudi Arabian Mining Company (SE:1211) was up 6.29% or 1.80 points to 30.40 in late trade.

The worst performers of the session were Saudi Enaya Cooperative Insurance (SE:8311), which fell 4.35% or 0.50 points to trade at 11.00 at the close. Aldrees Petroleum & Transport Svcs (SE:4200) declined 4.16% or 1.60 points to end at 36.90 and Saudi Arabia Fertilizers Co. (SE:2020) was down 3.83% or 2.50 points to 62.75.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 80 to 72 and 16 ended unchanged.

Shares in Saudi Arabia Fertilizers Co. (SE:2020) fell to 5-year lows; down 3.83% or 2.50 to 62.75.

Crude oil for June delivery was down 4.15% or 1.73 to $39.98 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 3.90% or 1.68 to hit $41.42 a barrel, while the June Gold contract rose 0.59% or 7.30 to trade at $1241.90 a troy ounce.

EUR/SAR was up 0.24% to 4.2415, while USD/SAR fell 0.00% to 3.7501.

The US Dollar Index was down 0.10% at 94.59.

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