Stock Market News

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.82%

2023.03.19 10:22


© Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.82%

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 rose 1.82%.

The best performers of the session on the were Thimar Development Holding Co (TADAWUL:), which rose 9.95% or 3.65 points to trade at 40.35 at the close. Meanwhile, Jabal Omar Development Company (TADAWUL:) added 6.71% or 1.28 points to end at 20.36 and Gulf Insurance Group (TADAWUL:) was up 5.90% or 1.60 points to 28.70 in late trade.

The worst performers of the session were Arabian Drilling Co (TADAWUL:), which fell 4.49% or 6.40 points to trade at 136.00 at the close. The Company for Coop. Insurance (TADAWUL:) declined 3.34% or 3.30 points to end at 95.40 and Saudi Industrial Services Co. (TADAWUL:) was down 2.91% or 0.80 points to 26.70.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 172 to 81 and 14 ended unchanged.

Shares in Thimar Development Holding Co (TADAWUL:) rose to 5-year highs; rising 9.95% or 3.65 to 40.35.

Crude oil for May delivery was down 2.94% or 2.01 to $66.93 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 2.99% or 2.23 to hit $72.47 a barrel, while the April Gold Futures contract rose 3.68% or 70.70 to trade at $1,993.70 a troy ounce.

EUR/SAR was up 0.59% to 4.01, while USD/SAR unchanged 0.01% to 3.76.

The US Dollar Index Futures was down 0.55% at 103.52.

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