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Saudi Arabia stocks were higher after the close on Thursday, as gains in the Agriculture & Food, Industrial Investment and Retail sectors led shares higher.
At the close in Saudi Arabia, the Tadawul All Share rose 1.42%.
The best performers of the session on the Tadawul All Share were United Electronics Company (SE:4003), which rose 7.82% or 3.36 points to trade at 46.30 at the close. Meanwhile, Saudi Arabian Amiantit Co. (SE:2160) added 5.70% or 0.36 points to end at 6.68 and United Int Transportation Company (SE:4260) was up 4.97% or 1.18 points to 24.90 in late trade.
The worst performers of the session were Al Alamiya Cooperative Insurance (SE:8280), which fell 2.92% or 0.73 points to trade at 24.30 at the close. Aldrees Petroleum & Transport Svcs (SE:4200) declined 2.65% or 0.78 points to end at 28.70 and Halwani Bros (SE:6001) was down 1.79% or 0.85 points to 46.75.
Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 144 to 31 and 3 ended unchanged.
Shares in Halwani Bros (SE:6001) fell to 52-week lows; falling 1.79% or 0.85 to 46.75. Crude oil for November delivery was down 1.87% or 0.96 to $50.34 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 1.42% or 0.81 to hit $56.13 a barrel, while the December Gold Futures contract rose 0.55% or 7.05 to trade at $1295.95 a troy ounce.
The CMA Board has issued its resolution dated 03/02/1439H corresponding to 23/10/2017G approving the prospectus of Shebal Trading Company and the offering of (700,000) shares representing (20%) of th
The board of directors of the Capital Market Authority (CMA) has approved the transformation of the Muscat Securities Market (MSM) into a government-owned company as a preparation for offering it for
Shares on the Muscat Securities Market (MSM) reacted amid selling pressure in blue chip stocks. The general index – MSM 30 – declined by 20.69 points to close at 5,046.11 points.
Times of Oman
Dubai’s leading real estate developer, Emaar Properties, pulled the emirate’s stock index lower yesterday while Saudi Arabia’s index again retreated from major technical resistance. The Dubai index
Abu Dhabi Securities Exchange (ADX) said it will host its annual forum for Abu Dhabi’s listed companies on October 24.
The Forum, which will be held for the first in Abu Dhabi for the year