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

2022.04.27 17:27

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

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

At the close in Saudi Arabia, the Tadawul All Share gained 1.04%.

The best performers of the session on the Tadawul All Share were Saudi Arabian Cooperative Insurance (TADAWUL:8100), which rose 10.00% or 1.98 points to trade at 21.78 at the close. Meanwhile, Nama Chemicals Co. (TADAWUL:2210) added 6.33% or 2.50 points to end at 42.00 and Arab National Bank (TADAWUL:1080) was up 5.83% or 1.95 points to 35.40 in late trade.

The worst performers of the session were Leejam Sports Company SJSC (TADAWUL:1830), which fell 3.79% or 4.40 points to trade at 111.80 at the close. United Electronics Company (TADAWUL:4003) declined 2.27% or 3.00 points to end at 129.00 and Allianz Saudi Fransi Cooperative Insurance Company (TADAWUL:8040) was down 1.84% or 0.40 points to 21.30.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 165 to 62 and 9 ended unchanged.

Shares in Arab National Bank (TADAWUL:1080) rose to 5-year highs; rising 5.83% or 1.95 to 35.40. Shares in Allianz Saudi Fransi Cooperative Insurance Company (TADAWUL:8040) fell to 52-week lows; falling 1.84% or 0.40 to 21.30.

Crude oil for June delivery was down 1.24% or 1.26 to $100.44 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 0.92% or 0.96 to hit $103.65 a barrel, while the June Gold Futures contract fell 0.83% or 15.80 to trade at $1,888.30 a troy ounce.

EUR/SAR was down 0.92% to 3.95, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was up 0.75% at 103.08.

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