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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.76%

Published 05/21/2017, 09:15 AM
Updated 05/21/2017, 09:15 AM
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.76%

© Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.76%

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

At the close in Saudi Arabia, the Tadawul All Share rose 0.76%.

The best performers of the session on the Tadawul All Share were Tabuk Agriculture Development Co (SE:6040), which rose 5.36% or 0.70 points to trade at 13.75 at the close. Meanwhile, Takween Advanced Industries (SE:1201) added 4.15% or 0.50 points to end at 12.55 and Saudi Industrial Export Co (SE:4140) was up 3.34% or 1.00 points to 30.90 in late trade.

The worst performers of the session were Umm Al-Qura (SE:3005), which fell 2.24% or 0.45 points to trade at 19.60 at the close. Emaar The Economic City (SE:4220) declined 1.59% or 0.25 points to end at 15.45 and Nama Chemicals Co. (SE:2210) was down 1.03% or 0.20 points to 19.25.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 122 to 32 and 22 ended unchanged.

Shares in Nama Chemicals Co. (SE:2210) fell to 52-week lows; down 1.03% or 0.20 to 19.25.

Crude oil for July delivery was unchanged 0.00% or 0.00 to $50.67 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 2.40% or 1.26 to hit $53.77 a barrel, while the June Gold Futures contract rose 0.18% or 2.27 to trade at $1255.07 a troy ounce.

EUR/SAR was up 0.95% to 4.2031, while USD/SAR rose 0.01% to 3.7502.

The US Dollar Index Futures was down 0.79% at 97.00.

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