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Tuesday, November 19, 2019

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.56%

© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.56%© Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.56%

Investing.com – Saudi Arabia stocks were higher after the close on Tuesday, as gains in the Agriculture & Food, Media & Publishing and Cement sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.56% to hit a new 1-month high.

The best performers of the session on the Tadawul All Share were Al Kathiri Holding Co (SE:3008), which rose 9.93% or 11.60 points to trade at 128.40 at the close. Meanwhile, Al Aseel Co Ltd (SE:4012) added 7.06% or 2.90 points to end at 44.00 and Abdullah Saad Mohammed Abo Moati Stationeries Co (SE:4191) was up 5.65% or 1.08 points to 20.20 in late trade.

The worst performers of the session were Amana Cooperative Insurance Co (SE:8310), which fell 3.82% or 0.44 points to trade at 11.08 at the close. Saudi Transport & Investment Co (SE:) declined 3.68% or 1.00 points to end at 26.20 and Al-Ahlia Insurance Company (SE:8140) was down 2.23% or 0.24 points to 10.50.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 116 to 65 and 17 ended unchanged.

Shares in Saudi Transport & Investment Co (SE:4110) fell to 3-years lows; losing 3.68% or 1.00 to 26.20.

Crude oil for January delivery was down 1.72% or 0.98 to $56.16 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 1.36% or 0.85 to hit $61.59 a barrel, while the December Gold Futures contract fell 0.27% or 3.95 to trade at $1467.95 a troy ounce.

EUR/SAR was up 0.12% to 4.1563, while USD/SAR rose 0.00% to 3.7502.

The US Dollar Index Futures was down 0.00% at 97.660.

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