Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.36%

15/04/2019 14:15:00 Stock Market

Saudi Arabia stocks were higher after the close on Monday, as gains in the Cement, Retail and Hotels&Tourism sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.36% to hit a new 3-years high.

The best performers of the session on the Tadawul All Share were Gulf Union Cooperative Insurance (SE:8120), which rose 6.46% or 0.98 points to trade at 16.16 at the close. Meanwhile, Al Yamamah Steel Industries Co (SE:1304) added 4.36% or 0.78 points to end at 18.68 and National Medical Care Company (SE:4005) was up 3.01% or 1.45 points to 49.60 in late trade.

The worst performers of the session were The National Shipping Co. (SE:4030), which fell 3.04% or 0.90 points to trade at 28.70 at the close. AXA Cooperative Insurance Company (SE:8250) declined 1.85% or 0.50 points to end at 26.60 and United Int Transportation Company (SE:4260) was down 1.70% or 0.60 points to 34.65.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 113 to 67 and 13 ended unchanged.

Crude oil for May delivery was down 0.42% or 0.27 to $63.62 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 0.38% or 0.27 to hit $71.28 a barrel, while the June Gold Futures contract fell 0.53% or 6.85 to trade at $1288.35 a troy ounce.

EUR/SAR was up 0.03% to 4.2402, while USD/SAR rose 0.01% to 3.7502.

The US Dollar Index Futures was down 0.11% at 96.488.

remote assistance