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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.83%

Published 30-01-2018, 06:45 pm
© Reuters.  Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.83%

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

At the close in Saudi Arabia, the Tadawul All Share added 0.83% to hit a new 52-week high.

The biggest gainers of the session on the Tadawul All Share were National Medical Care Company (SE:4005), which rose 5.65% or 2.65 points to trade at 49.55 at the close. Saudi Kayan Petrochemical Company (SE:2350) added 5.24% or 0.64 points to end at 12.86 and Mouwasat Medical Services Company (SE:4002) was up 4.29% or 7.00 points to 170.00 in late trade.

Biggest losers included The Mediterranean&Gulf Insurance Co (SE:8030), which lost 9.55% or 2.65 points to trade at 25.10 in late trade. Allied Cooperative Insurance Group (SE:8150) declined 3.59% or 0.67 points to end at 18.00 and AL-BABTAIN POWER &TELECOM CO (SE:2320) shed 3.04% or 0.84 points to 26.80.

Advancing stocks outnumbered falling ones by 110 to 62 and 9 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for March delivery was down 0.95% or 0.62 to $64.94 a barrel. Meanwhile, Brent oil for delivery in April fell 0.59% or 0.41 to hit $68.79 a barrel, while the February Gold Futures contract rose 0.10% or 1.30 to trade at $1341.60 a troy ounce.

EUR/SAR was up 0.36% to 4.6591, while USD/SAR fell 0.01% to 3.7499.

The US Dollar Index Futures was down 0.27% at 88.93.

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