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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.64%

Published 25/05/2016, 11:15 pm
© Reuters.  Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.64%
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8110
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4150
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Investing.com – Saudi Arabia equities were higher at the close on Wednesday, as gains in the Retail, Insurance and Agriculture & Food sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.64%.

The biggest gainers of the session on the Tadawul All Share were Saudi Indian Company Insurance (SE:8110), which rose 8.94% or 1.60 points to trade at 19.50 at the close. Filing & Packing Materials Co. (SE:2180) added 8.83% or 3.10 points to end at 38.20 and Fawaz Abdulaziz AlHokair Company (SE:4240) was up 8.81% or 4.00 points to 49.40 in late trade.

Biggest losers included Saudi Arabian Amiantit Co. (SE:2160), which lost 1.20% or 0.10 points to trade at 8.25 in late trade. Saudi Research and Marketing Group (SE:4210) declined 1.07% or 0.50 points to end at 46.40 and Arriyadh Development Co. (SE:4150) shed 1.07% or 0.20 points to 18.45.

Advancing stocks outnumbered falling ones by 132 to 17 and 19 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for July delivery was up 0.90% or 0.44 to $49.06 a barrel. Meanwhile, Brent oil for delivery in July rose 1.15% or 0.56 to hit $49.17 a barrel, while the June Gold contract fell 0.61% or 7.45 to trade at $1221.75 a troy ounce.

EUR/SAR was up 0.05% to 4.1801, while USD/SAR unchanged 0.00% to 3.7504.

The US Dollar Index was down 0.03% at 95.56.

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