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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.06%

Published 14/07/2015, 14:15
© Reuters.  Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.06%

Investing.com – Saudi Arabia equities were higher at the close on Tuesday, as gains in the Hotels & Tourism, Telecoms & IT and Agriculture & Food sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.06%.

The biggest gainers of the session on the Tadawul All Share were Alinma Tokio Marine Co (SE:8312), which rose 7.69% or 3.50 points to trade at 49.00 at the close. Saudi Industrial Services Co. (SE:2190) added 5.93% or 1.12 points to end at 20.00 and Saudi Ground Services Co (SE:4031) was up 3.19% or 2.38 points to 77.00 in late trade.

Biggest losers included Herfy Food Services Co (SE:6002), which lost 4.16% or 4.83 points to trade at 111.25 in late trade. Southern Province Cement Co. (SE:3050) declined 4.14% or 4.24 points to end at 98.25 and The National Shipping Co. (SE:4030) shed 2.85% or 1.52 points to 51.75.

Declining stocks outnumbered rising ones by 89 to 76 on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for August delivery was down 0.75% or 0.39 to $51.81 a barrel. Meanwhile, Brent oil for delivery in September fell 1.16% or 0.68 to hit $57.48 a barrel, while the August Gold contract rose 0.05% or 0.60 to trade at $1156.00 a troy ounce.

EUR/SAR was up 0.45% to 4.1447, while USD/SAR fell 0.02% to 3.7506.

The US Dollar Index was down 0.35% at 96.59.

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