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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.41%

Published 2015-12-16, 08:15 a/m
© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.41%

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

At the close in Saudi Arabia, the Tadawul All Share gained 1.41%.

The best performers of the session on the Tadawul All Share were Herfy Food Services Co (SE:6002), which rose 10.36% or 8.75 points to trade at 93.25 at the close. Meanwhile, Saudi Research and Marketing Group (SE:4210) added 9.57% or 5.00 points to end at 57.25 and Saudi Printing & Packaging Company (SE:4270) was up 8.78% or 2.30 points to 28.50 in late trade.

The worst performers of the session were Al-Jouf Agriculture Development Co (SE:6070), which fell 3.65% or 1.40 points to trade at 37.00 at the close. Dallah Healthcare Holding Company (SE:4004) declined 3.45% or 2.25 points to end at 63.00 and Etihad Atheeb Telecommunication (SE:7040) was down 3.36% or 0.20 points to 5.75.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 98 to 68.

Shares in Saudi Research and Marketing Group (SE:4210) rose to 5-year highs; up 9.57% or 5.00 to 57.25. Shares in Dallah Healthcare Holding Company (SE:4004) fell to 52-week lows; down 3.45% or 2.25 to 63.00.

Crude oil for January delivery was down 1.08% or 0.41 to $36.95 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 1.81% or 0.70 to hit $38.03 a barrel, while the February Gold contract rose 0.69% or 7.30 to trade at $1068.90 a troy ounce.

EUR/SAR was down 0.03% to 4.0980, while USD/SAR fell 0.01% to 3.7509.

The US Dollar Index was up 0.07% at 98.27.

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