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Wednesday, November 20, 2019

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.11%

© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.11%© Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.11%

Investing.com – Saudi Arabia stocks were higher after the close on Wednesday, as gains in the Hotels & Tourism, Agriculture & Food and Petrochemicals sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.11% to hit a new 1-month high.

The best performers of the session on the Tadawul All Share were Abdullah Saad Mohammed Abo Moati Stationeries Co (SE:4191), which rose 10.00% or 2.02 points to trade at 22.22 at the close. Meanwhile, Al Kathiri Holding Co (SE:3008) added 9.97% or 12.80 points to end at 141.20 and Seera Group Holding (SE:1810) was up 5.18% or 0.96 points to 19.48 in late trade.

The worst performers of the session were Saudi Ceramic Co. (SE:2040), which fell 3.79% or 1.20 points to trade at 30.50 at the close. Zahrat Al Waha for Trading Co (SE:3007) declined 2.11% or 1.00 points to end at 46.30 and Al Hokair Group (SE:1820) was down 1.74% or 0.24 points to 13.52.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 115 to 58 and 24 ended unchanged.

Crude oil for January delivery was up 0.96% or 0.53 to $55.88 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.99% or 0.60 to hit $61.51 a barrel, while the December Gold Futures contract fell 0.21% or 3.05 to trade at $1471.25 a troy ounce.

EUR/SAR was down 0.15% to 4.1483, while USD/SAR rose 0.00% to 3.7502.

The US Dollar Index Futures was up 0.11% at 97.852.

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