Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.55%

Published 08/07/2018, 11:15 pm
Updated 08/07/2018, 11:20 pm
© Reuters.  Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.55%
TASI
-
TBNI
-
TMTI
-
TRLI
-
8160
-
8190
-
1213
-
2030
-
2170
-
4240
-

Investing.com – Saudi Arabia equities were higher at the close on Sunday, as gains in the Retail, Financial Services and Cement sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.55%.

The biggest gainers of the session on the Tadawul All Share were United Cooperative Assurance Co (SE:8190), which rose 6.45% or 0.86 points to trade at 14.20 at the close. Alujain Corporation (SE:2170) added 4.22% or 1.35 points to end at 33.35 and Fawaz Abdulaziz AlHokair Company (SE:4240) was up 3.96% or 0.82 points to 21.52 in late trade.

Biggest losers included Al Sorayai Trading&Industrial Group (SE:1213), which lost 4.92% or 0.72 points to trade at 13.92 in late trade. Saudi Arabia Refineries Co. (SE:2030) declined 3.39% or 1.55 points to end at 44.15 and Arabia Insurance Cooperative Co (SE:8160) shed 3.35% or 0.70 points to 20.20.

Declining stocks outnumbered rising ones by 102 to 68 and 15 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for August delivery was up 1.33% or 0.97 to $73.91 a barrel. Meanwhile, Brent oil for delivery in September fell 0.34% or 0.26 to hit $77.13 a barrel, while the August Gold Futures contract fell 0.23% or 2.90 to trade at $1255.90 a troy ounce.

EUR/SAR was up 0.43% to 4.4032, while USD/SAR fell 0.00% to 3.7498.

The US Dollar Index Futures was down 0.39% at 93.76.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.