Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.53% By Financial Eye

© Financial Eye. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.53%

Financial Eye – Saudi Arabia stocks were higher after the close on Tuesday, as gains in the , and sectors led shares higher.

At the close in Saudi Arabia, the gained 0.53%.

The best performers of the session on the were Saudi Industrial Export Co (TADAWUL:), which rose 9.87% or 9.50 points to trade at 105.80 at the close. Meanwhile, Salama Cooperative Insurance Co (TADAWUL:) added 9.50% or 1.18 points to end at 13.60 and Arabian Shield Coop Insurance Co (TADAWUL:) was up 8.50% or 1.42 points to 18.12 in late trade.

The worst performers of the session were Kingdom Holding Company (TADAWUL:), which fell 6.95% or 0.76 points to trade at 10.18 at the close. Anaam International Holding Group (TADAWUL:) declined 5.59% or 1.90 points to end at 32.10 and Saudi Research and Marketing Group (TADAWUL:) was down 4.47% or 10.80 points to 230.80.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 125 to 99 and 13 ended unchanged.

Shares in Saudi Industrial Export Co (TADAWUL:) rose to 5-year highs; up 9.87% or 9.50 to 105.80.

Crude oil for July delivery was up 0.19% or 0.21 to $110.50 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August rose 0.23% or 0.25 to hit $111.03 a barrel, while the June Gold Futures contract rose 0.72% or 13.25 to trade at $1,861.05 a troy ounce.

EUR/SAR was up 0.36% to 4.02, while USD/SAR unchanged 0.01% to 3.75.

The US Dollar Index Futures was down 0.26% at 101.83.

Source: Investopedia