(C) Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.48%
At the close in Saudi Arabia, the Tadawul All Share rose 0.48% to hit a new 5-year high.
The best performers of the session on the Tadawul All Share were Arabian Pipes Company (SE:2200), which rose 9.99% or 2.00 points to trade at 22.02 at the close. Meanwhile, United Cooperative Assurance Co (SE:8190) added 7.90% or 2.15 points to end at 29.35 and CHUBB Arabia Cooperative Insurance (SE:8240) was up 6.37% or 3.30 points to 55.10 in late trade.
The worst performers of the session were Arabian Centres Co (SE:4321), which fell 3.63% or 0.95 points to trade at 25.25 at the close. Saudi Industrial Export Co (SE:4140) declined 3.51% or 4.20 points to end at 115.60 and Saudi Research and Marketing Group (SE:4210) was down 2.67% or 4.60 points to 167.40.
Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 104 to 88 and 13 ended unchanged.
Shares in United Cooperative Assurance Co (SE:8190) rose to 5-year highs; gaining 7.90% or 2.15 to 29.35. Shares in CHUBB Arabia Cooperative Insurance (SE:8240) rose to 5-year highs; rising 6.37% or 3.30 to 55.10.
Crude oil for August delivery was down 0.25% or 0.19 to $75.04 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.29% or 0.22 to hit $76.06 a barrel, while the August Gold Futures contract rose 0.61% or 10.75 to trade at $1787.55 a troy ounce.
EUR/SAR was up 0.14% to 4.4498, while USD/SAR rose 0.00% to 3.7505.
The US Dollar Index Futures was down 0.37% at 92.248.
Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.48%
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