Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.32% By Investing.com


© Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.32%

Investing.com – Saudi Arabia stocks were higher after the close on Tuesday, as gains in the , and sectors led shares higher.

At the close in Saudi Arabia, the gained 0.32% to hit a new 5-year high.

The best performers of the session on the were International Company for Water and Power Projects (ACWA Power) (SE:), which rose 9.97% or 15.80 points to trade at 174.20 at the close. Meanwhile, Al Masane Al Kobra Mining Company CJSC (SE:) added 9.87% or 9.20 points to end at 102.40 and Saudi Tadawul Group Holding Co (SE:) was up 8.64% or 17.20 points to 216.20 in late trade.

The worst performers of the session were Amana Cooperative Insurance Co (SE:), which fell 5.79% or 1.65 points to trade at 26.85 at the close. BURUJ COOPERATIVE INSURANCE CO (SE:) declined 4.58% or 1.14 points to end at 23.76 and Takween Advanced Industries (SE:) was down 4.50% or 0.76 points to 16.14.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 169 to 59 and 10 ended unchanged.

Shares in International Company for Water and Power Projects (ACWA Power) (SE:) rose to all time highs; gaining 9.97% or 15.80 to 174.20. Shares in Amana Cooperative Insurance Co (SE:) fell to 52-week lows; down 5.79% or 1.65 to 26.85. Shares in Al Masane Al Kobra Mining Company CJSC (SE:) rose to all time highs; up 9.87% or 9.20 to 102.40. Shares in Saudi Tadawul Group Holding Co (SE:) rose to all time highs; up 8.64% or 17.20 to 216.20.

Crude oil for May delivery was up 0.32% or 0.33 to $103.61 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 0.50% or 0.54 to hit $108.07 a barrel, while the June Gold Futures contract rose 0.14% or 2.70 to trade at $1,936.70 a troy ounce.

EUR/SAR was down 0.16% to 4.11, while USD/SAR unchanged 0.01% to 3.75.

The US Dollar Index Futures was up 0.07% at 99.04.

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