Stock Market News

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.06%

2022.06.09 17:21

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.06%
Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.06%

Investing.com – Saudi Arabia stocks were higher after the close on Thursday, as gains in the Media & Publishing, Energy & Utilities and Financial Services sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.06%.

The best performers of the session on the Tadawul All Share were Al-Rajhi Cooperative Insurance (TADAWUL:8230), which rose 6.12% or 5.10 points to trade at 88.40 at the close. Meanwhile, Al Hammadi Co (TADAWUL:4007) added 5.02% or 2.70 points to end at 56.50 and Taleem REIT Fund (TADAWUL:4333) was up 3.79% or 0.46 points to 12.60 in late trade.

The worst performers of the session were Rabigh Refining & Petrochemical Co (TADAWUL:2380), which fell 22.96% or 6.20 points to trade at 20.80 at the close. Saudi Industrial Export Co (TADAWUL:4140) declined 9.98% or 10.00 points to end at 90.20 and Anaam International Holding Group (TADAWUL:4061) was down 4.27% or 1.50 points to 33.60.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 150 to 80 and 10 ended unchanged.

Shares in Al Hammadi Co (TADAWUL:4007) rose to 5-year highs; up 5.02% or 2.70 to 56.50.

Crude oil for July delivery was down 0.17% or 0.21 to $121.90 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August rose 0.06% or 0.07 to hit $123.65 a barrel, while the August Gold Futures contract fell 0.71% or 13.25 to trade at $1,843.25 a troy ounce.

EUR/SAR was down 0.53% to 4.00, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was up 0.35% at 102.90.

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