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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.45% By Investing.com

by equitieswatch
April 17, 2022
in Stock Market

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© Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.45%

Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the , and sectors led shares higher.

At the close in Saudi Arabia, the added 0.45% to hit a new 5-year high.

The best performers of the session on the were Saudi Industrial Export Co (TADAWUL:), which rose 7.62% or 29.20 points to trade at 412.20 at the close. Meanwhile, Aseer Trading Tourism&Manufacturing (TADAWUL:) added 7.41% or 1.34 points to end at 19.42 and Rabigh Refining & Petrochemical Co (TADAWUL:) was up 5.80% or 1.75 points to 31.90 in late trade.

The worst performers of the session were Jarir Marketing Co (TADAWUL:), which fell 3.01% or 6.20 points to trade at 199.80 at the close. Nahdi Medical Co (TADAWUL:) declined 2.65% or 4.60 points to end at 169.00 and International Company for Water and Power Projects (ACWA Power) (TADAWUL:) was down 2.56% or 3.60 points to 137.20.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 123 to 100 and 14 ended unchanged.

Shares in Saudi Industrial Export Co (TADAWUL:) rose to 3-years highs; gaining 7.62% or 29.20 to 412.20.

Crude oil for June delivery was up 2.17% or 2.26 to $106.51 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 0.09% or 0.10 to hit $111.23 a barrel, while the June Gold Futures contract fell 0.61% or 12.20 to trade at $1,972.50 a troy ounce.

EUR/SAR was down 0.16% to 4.05, while USD/SAR unchanged 0.01% to 3.75.

The US Dollar Index Futures was up 0.39% at 100.30.

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