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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.26% – Saudi Arabia stocks were higher after the close on Tuesday, as gains in the Media & Publishing, Agriculture & Food and Industrial Investment sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.26% to hit a new 1-month high.

The best performers of the session on the Tadawul All Share were Wafrah for Industry and Development Company SJSC (SE:2100), which rose 9.97% or 13.60 points to trade at 150.00 at the close. Meanwhile, Saudi Research and Marketing Group (SE:4210) added 6.16% or 11.60 points to end at 200.00 and Saudi Arabia Refineries Co. (SE:2030) was up 5.21% or 6.80 points to 137.20 in late trade.

The worst performers of the session were BANK ALBILAD (SE:1140), which fell 4.20% or 2.10 points to trade at 47.90 at the close. Allied Cooperative Insurance Group SJSC (SE:8150) declined 1.75% or 0.38 points to end at 21.30 and SABIC AgriNutrients Co (SE:2020) was down 1.63% or 2.80 points to 168.80.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 128 to 73 and 21 ended unchanged.

Shares in Saudi Research and Marketing Group (SE:4210) rose to all time highs; gaining 6.16% or 11.60 to 200.00. Shares in Allied Cooperative Insurance Group SJSC (SE:8150) fell to 52-week lows; losing 1.75% or 0.38 to 21.30.

Crude oil for February delivery was up 0.51% or 0.39 to $76.47 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.66% or 0.52 to hit $79.50 a barrel, while the February Gold Futures contract rose 0.46% or 8.35 to trade at $1808.45 a troy ounce.

EUR/SAR was down 0.03% to 4.2387, while USD/SAR rose 0.07% to 3.7571.

The US Dollar Index Futures was up 0.11% at 96.320.

An investor monitors a screen displaying stock information at the Saudi Stock Exchange (Tadawul) in Riyadh, Saudi Arabia January 18, 2016. REUTERS/Faisal Al Nasser


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