Saudi Arabia stocks higher at close of trade; Tadawul All Share up 2.40%

19/06/2017 13:15:00 Stock Market

Saudi Arabia stocks were higher after the close on Monday, as gains in the Financial Services, Industrial Investment and Insurance sectors led shares higher.At the close in Saudi Arabia, the Tadawul All Share gained 2.40% to hit a new 1-month high.The best performers of the session on the Tadawul All Share were Banque Saudi Fransi (SE:1050), which rose 7.45% or 2.05 points to trade at 29.55 at the close. Meanwhile, Tabuk Agriculture Development Co (SE:6040) added 6.72% or 0.80 points to end at 12.70 and Sahara (SE:2260) was up 6.33% or 0.78 points to 13.10 in late trade.The worst performers of the session were Saudi Indian Company Insurance (SE:8110), which fell 7.01% or 1.56 points to trade at 20.70 at the close. Salama Cooperative Insurance Co (SE:8050) declined 2.33% or 0.40 points to end at 16.78 and Mouwasat Medical Services Company (SE:4002) was down 1.36% or 2.00 points to 145.00.Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 145 to 27 and 7 ended unchanged.Shares in Banque Saudi Fransi (SE:1050) rose to 52-week highs; rising 7.45% or 2.05 to 29.55. Crude oil for August delivery was up 0.18% or 0.08 to $45.05 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August rose 0.23% or 0.11 to hit $47.48 a barrel, while the August Gold Futures contract fell 0.53% or 6.70 to trade at $1249.80 a troy ounce.EUR/SAR was down 0.17% to 4.1913, while USD/SAR rose 0.01% to 3.7504.The US Dollar Index Futures was up 0.20% at 97.06.
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