Category Stockmarkets
Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.14%

© Reuters Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.25%

biedexmarkets.com – 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 rose 0.25% to hit a new 52-week high.

The best performers of the session on the were CHUBB Arabia Cooperative Insurance (TADAWUL:), which rose 8.72% or 2.80 points to trade at 34.90 at the close. Meanwhile, Leejam Sports Company SJSC (TADAWUL:) added 8.10% or 18.20 points to end at 243.00 and SICO Saudi REIT Fund Unit (TADAWUL:) was up 8.09% or 0.41 points to 5.48 in late trade.

The worst performers of the session were Alkhorayef Water and Power Technologies Co (TADAWUL:), which fell 9.27% or 24.20 points to trade at 236.80 at the close. Al Baha Investment and Development Company SJSC (TADAWUL:) declined 6.67% or 0.01 points to end at 0.14 and Al Dawaa Medical Services Co (TADAWUL:) was down 6.60% or 7.40 points to 104.80.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 163 to 127 and 14 ended unchanged.

Shares in Leejam Sports Company SJSC (TADAWUL:) rose to all time highs; gaining 8.10% or 18.20 to 243.00.

Crude oil for May delivery was down 0.13% or 0.11 to $82.05 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 0.07% or 0.06 to hit $86.83 a barrel, while the April Gold Futures contract fell 0.14% or 3.05 to trade at $2,161.25 a troy ounce.

EUR/SAR was down 0.22% to 4.07, while USD/SAR unchanged 0.01% to 3.75.

The US Dollar Index Futures was up 0.29% at 103.54.

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