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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 7.38%

Published 25/08/2015, 11:15 pm
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 7.38%
TASI
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TUTI
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TCSI
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TTSI
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6002
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6090
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2230
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4070
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4160
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4260
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Investing.com – Saudi Arabia stocks were higher after the close on Tuesday, as gains in the Energy & Utilities, Hotels & Tourism and Telecoms & IT sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 7.38%.

The best performers of the session on the Tadawul All Share were Jazan Development Co. (SE:6090), which rose 10.00% or 1.00 points to trade at 11.00 at the close. Meanwhile, Saudi Chemical Company (SE:2230) added 9.98% or 4.99 points to end at 55.00 and United Int Transportation Company (SE:4260) was up 9.98% or 4.63 points to 51.00 in late trade.

The worst performers of the session were Tihama Advertising&Public Relations (SE:4070), which fell 10.00% or 7.50 points to trade at 67.50 at the close. National Agriculture Marketing Co. (SE:4160) declined 8.85% or 5.00 points to end at 51.50 and Herfy Food Services Co (SE:6002) was down 1.73% or 1.62 points to 92.00.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 160 to 6.

Shares in Tihama Advertising&Public Relations (SE:4070) fell to 3-years lows; losing 10.00% or 7.50 to 67.50. Shares in National Agriculture Marketing Co. (SE:4160) fell to 52-week lows; falling 8.85% or 5.00 to 51.50.

Crude oil for October delivery was up 3.50% or 1.34 to $39.58 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 3.34% or 1.43 to hit $44.12 a barrel, while the December Gold contract fell 0.55% or 6.40 to trade at $1147.20 a troy ounce.

EUR/SAR was down 1.32% to 4.3008, while USD/SAR rose 0.03% to 3.7521.

The US Dollar Index was up 0.90% at 94.22.

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