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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.74%

News Team

Saudi Arabia stocks were higher after the close on Monday, as gains in the Energy & Utilities, Building & Construction and Retail sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.74% to hit a new 52-week high.

The best performers of the session on the Tadawul All Share were Al Masane Al Kobra Mining Company CJSC (TADAWUL:1322), which rose 9.84% or 5.50 points to trade at 61.40 at the close. Meanwhile, Electrical Industries Co (TADAWUL:1303) added 8.04% or 0.32 points to end at 4.30 and National Medical Care Company (TADAWUL:4005) was up 7.27% or 14.20 points to 209.60 in late trade.

The worst performers of the session were East Pipes Integrated Company for Industry (TADAWUL:1321), which fell 3.78% or 4.20 points to trade at 106.80 at the close. Takween Advanced Industries (TADAWUL:1201) declined 3.63% or 0.58 points to end at 15.42 and LIVA Insurance Co (TADAWUL:8280) was down 3.12% or 0.62 points to 19.26.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 142 to 140 and 16 ended unchanged.

Shares in Al Masane Al Kobra Mining Company CJSC (TADAWUL:1322) rose to 52-week highs; up 9.84% or 5.50 to 61.40. Shares in Electrical Industries Co (TADAWUL:1303) rose to all time highs; gaining 8.04% or 0.32 to 4.30. Shares in National Medical Care Company (TADAWUL:4005) rose to all time highs; gaining 7.27% or 14.20 to 209.60.

Crude oil for April delivery was down 0.15% or 0.12 to $78.34 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 0.17% or 0.14 to hit $83.33 a barrel, while the April Gold Futures contract rose 0.22% or 4.45 to trade at $2,028.55 a troy ounce.

EUR/SAR was unchanged 0.02% to 4.04, while USD/SAR unchanged 0.02% to 3.75.

The US Dollar Index Futures was down 0.02% at 104.16.

Source: https://www.investing.com/news/stock-market-news/saudi-arabia-stocks-higher-at-close-of-trade-tadawul-all-share-up-074-3307452