Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.38%

Published 14/01/2018, 13:15
Updated 14/01/2018, 13:15
© Reuters.  Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.38%

© Reuters. Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.38%

Investing.com – Saudi Arabia equities were higher at the close on Sunday, as gains in the Financial Services, Real Estate Development and Hotels & Tourism sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 1.38% to hit a new 6-month high.

The biggest gainers of the session on the Tadawul All Share were Ash-Sharqiyah Development Company (SE:6060), which rose 9.41% or 4.19 points to trade at 48.70 at the close. Dar Alarkan Real Estate Development (SE:4300) added 8.48% or 0.89 points to end at 11.38 and Kingdom Holding Company (SE:4280) was up 7.01% or 0.61 points to 9.31 in late trade.

Biggest losers included Etihad Atheeb Telecommunication (SE:7040), which lost 6.12% or 0.420 points to trade at 6.440 in late trade. Rabigh Refining & Petrochemical Co (SE:2380) declined 2.80% or 0.55 points to end at 19.10 and Advanced Petrochemical Company (SE:2330) shed 2.39% or 1.04 points to 42.40.

Advancing stocks outnumbered falling ones by 128 to 53 and 3 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for February delivery was up 0.94% or 0.60 to $64.40 a barrel. Meanwhile, Brent oil for delivery in March rose 0.78% or 0.54 to hit $69.80 a barrel, while the February Gold Futures contract rose 1.19% or 15.80 to trade at $1338.30 a troy ounce.

EUR/SAR was up 1.29% to 4.5705, while USD/SAR rose 0.01% to 3.7503.

The US Dollar Index Futures was down 1.13% at 90.62.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.