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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 2.45%

2022.05.15 17:22

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 2.45%
Saudi Arabia stocks higher at close of trade; Tadawul All Share up 2.45%

Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the Petrochemicals, Financial Services and Agriculture & Food sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 2.45%.

The best performers of the session on the Tadawul All Share were Saudi Industrial Export Co (TADAWUL:4140), which rose 9.90% or 6.00 points to trade at 66.60 at the close. Meanwhile, Riyad Bank (TADAWUL:1010) added 7.67% or 2.70 points to end at 37.90 and Anaam International Holding Group (TADAWUL:4061) was up 7.30% or 5.30 points to 77.90 in late trade.

The worst performers of the session were Saudi Aramco (TADAWUL:2222), which fell 5.26% or 2.35 points to trade at 42.35 at the close. Al Kathiri Holding Co (TADAWUL:3008) declined 4.03% or 2.50 points to end at 59.50 and Gulf Union Cooperative Insurance (TADAWUL:8120) was down 3.55% or 0.42 points to 11.42.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 130 to 90 and 16 ended unchanged.

Shares in Saudi Industrial Export Co (TADAWUL:4140) rose to 5-year highs; gaining 9.90% or 6.00 to 66.60. Shares in Saudi Aramco (TADAWUL:2222) fell to all time highs; falling 5.26% or 2.35 to 42.35. Shares in Al Kathiri Holding Co (TADAWUL:3008) fell to 52-week lows; losing 4.03% or 2.50 to 59.50.

Crude oil for July delivery was unchanged 0.00% or 0.00 to $108.30 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 3.51% or 3.77 to hit $111.22 a barrel, while the June Gold Futures contract fell 0.78% or 14.30 to trade at $1,810.30 a troy ounce.

EUR/SAR was up 0.32% to 3.91, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was down 0.37% at 104.51.

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