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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.04%

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imageStock Markets6 hours ago (Jul 05, 2020 10:15AM ET)

(C) Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.04% – Saudi Arabia stocks were higher after the close on Sunday, as gains in the Agriculture & Food, Transport and Real Estate Development sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 1.04% to hit a new 3-months high.

The best performers of the session on the Tadawul All Share were Malath Cooperative Insurance Co (SE:8020), which rose 10.00% or 1.06 points to trade at 11.66 at the close. Meanwhile, Food Products Co. (SE:2100) added 9.33% or 4.00 points to end at 46.85 and Dr Sulaiman Al Habib Medical Group (SE:4013) was up 9.09% or 7.50 points to 90.00 in late trade.

The worst performers of the session were Saudi Fisheries Co. (SE:6050), which fell 9.99% or 1.94 points to trade at 17.48 at the close. Gulf Union Cooperative Insurance (SE:8120) declined 1.41% or 0.20 points to end at 14.02 and Allianz Saudi Fransi Cooperative Insurance Company (SE:8040) was down 0.71% or 0.12 points to 16.88.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 187 to 12 and 1 ended unchanged.

Shares in Malath Cooperative Insurance Co (SE:8020) rose to 52-week highs; rising 10.00% or 1.06 to 11.66. Shares in Food Products Co. (SE:2100) rose to 52-week highs; up 9.33% or 4.00 to 46.85. Shares in Dr Sulaiman Al Habib Medical Group (SE:4013) rose to all time highs; rising 9.09% or 7.50 to 90.00.

Crude oil for August delivery was down 0.91% or 0.37 to $40.28 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 0.86% or 0.37 to hit $42.77 a barrel, while the August Gold Futures contract fell 0.13% or 2.40 to trade at $1787.60 a troy ounce.

EUR/SAR was up 0.06% to 4.2175, while USD/SAR rose 0.01% to 3.7509.

The US Dollar Index Futures was down 0.13% at 97.175.

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.04%

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