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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.66%

Published 12/18/2016, 08:15 AM
Updated 12/18/2016, 08:15 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.66%

Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the Hotels & Tourism, Energy & Utilities and Building & Construction sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.66%.

The best performers of the session on the Tadawul All Share were Sahara (SE:2260), which rose 7.09% or 0.95 points to trade at 14.35 at the close. Meanwhile, Food Products Co. (SE:2100) added 6.33% or 1.50 points to end at 25.20 and Al-Rajhi Cooperative Insurance (SE:8230) was up 6.16% or 2.10 points to 36.20 in late trade.

The worst performers of the session were The Company for Coop. Insurance (SE:8010), which fell 3.44% or 3.75 points to trade at 105.25 at the close. Etihad Atheeb Telecommunication (SE:7040) declined 3.17% or 0.100 points to end at 3.050 and United Int Transportation Company (SE:4260) was down 3.10% or 1.10 points to 34.40.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 138 to 23 and 8 ended unchanged.

Shares in Sahara (SE:2260) rose to 52-week highs; rising 7.09% or 0.95 to 14.35. Shares in Al-Rajhi Cooperative Insurance (SE:8230) rose to 3-years highs; gaining 6.16% or 2.10 to 36.20.

Crude oil for February delivery was unchanged 0.00% or 0.00 to $52.95 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 2.41% or 1.30 to hit $55.32 a barrel, while the February Gold contract rose 0.61% or 6.85 to trade at $1136.65 a troy ounce.

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EUR/SAR was up 0.32% to 3.9196, while USD/SAR fell 0.02% to 3.7503.

The US Dollar Index was unchanged 0.00% at 102.92.

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