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Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.28%

Published 30/09/2018, 14:15
Updated 30/09/2018, 14:15
© Reuters.  Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.28%

Investing.com – Saudi Arabia equities were higher at the close on Sunday, as gains in the Media & Publishing, Petrochemicals and Cement sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 1.28% to hit a new 1-month high.

The biggest gainers of the session on the Tadawul All Share were Nama Chemicals Co. (SE:2210), which rose 9.25% or 2.26 points to trade at 26.70 at the close. Methanol Chemicals Company (SE:2001) added 5.88% or 0.68 points to end at 12.24 and Saudi Printing & Packaging Company (SE:4270) was up 5.32% or 0.86 points to 17.02 in late trade.

Biggest losers included Allied Cooperative Insurance Group (SE:8150), which lost 4.16% or 0.70 points to trade at 16.14 in late trade. Wataniya Insurance Company (SE:8300) declined 2.80% or 0.72 points to end at 24.98 and Bawan (SE:1302) shed 2.48% or 0.36 points to 14.16.

Advancing stocks outnumbered falling ones by 108 to 60 and 17 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for November delivery was up 1.96% or 1.41 to $73.53 a barrel. Meanwhile, Brent oil for delivery in December rose 1.84% or 1.50 to hit $82.88 a barrel, while the December Gold Futures contract rose 0.74% or 8.80 to trade at $1196.20 a troy ounce.

EUR/SAR was down 0.33% to 4.3517, while USD/SAR fell 0.01% to 3.7500.

The US Dollar Index Futures was up 0.20% at 94.80.

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