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Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.31%

Published 17/10/2018, 12:15 am
© Reuters.  Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.31%
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Investing.com – Saudi Arabia equities were higher at the close on Tuesday, as gains in the Telecoms & IT, Financial Services and Cement sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 1.31%.

The biggest gainers of the session on the Tadawul All Share were Saudi Industrial Export Co (SE:4140), which rose 9.96% or 6.90 points to trade at 76.20 at the close. Saudi Ceramic Co. (SE:2040) added 7.42% or 1.28 points to end at 18.54 and Basic Chemical Industries Co (SE:1210) was up 5.78% or 1.30 points to 23.80 in late trade.

Biggest losers included Al Alamiya Cooperative Insurance (SE:8280), which lost 5.06% or 1.55 points to trade at 29.10 in late trade. Eastern Province Cement Co. (SE:3080) declined 4.96% or 0.94 points to end at 18.00 and Saudi Cable Company (SE:2110) shed 4.80% or 1.55 points to 30.75.

Declining stocks outnumbered rising ones by 132 to 50 and 5 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for November delivery was down 0.47% or 0.34 to $71.44 a barrel. Meanwhile, Brent oil for delivery in December fell 0.52% or 0.42 to hit $80.36 a barrel, while the December Gold Futures contract rose 0.24% or 3.00 to trade at $1233.30 a troy ounce.

EUR/SAR was up 0.31% to 4.3590, while USD/SAR fell 0.03% to 3.7515.

The US Dollar Index Futures was down 0.31% at 94.48.

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