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Saudi Arabia stocks were higher after the close on Thursday, as gains in the Transport, Real Estate Development and Telecoms & IT sectors led shares higher.
At the close in Saudi Arabia, the Tadawul All Share gained 0.52% to hit a new 3-months high.
The best performers of the session on the Tadawul All Share were Dar Alarkan Real Estate Development (SE:4300), which rose 5.61% or 0.56 points to trade at 10.54 at the close. Meanwhile, Rabigh Refining & Petrochemical Co (SE:2380) added 4.83% or 0.90 points to end at 19.52 and AXA Cooperative Insurance Company (SE:8250) was up 3.96% or 0.86 points to 22.60 in late trade.
The worst performers of the session were City Cement Co (SE:3003), which fell 2.56% or 0.30 points to trade at 11.40 at the close. Advanced Petrochemical Company (SE:2330) declined 2.05% or 0.91 points to end at 43.40 and Saudi Arabia Fertilizers Co. (SE:2020) was down 1.94% or 1.36 points to 68.70.
Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 108 to 73 and 2 ended unchanged.
Shares in Rabigh Refining & Petrochemical Co (SE:2380) rose to 52-week highs; rising 4.83% or 0.90 to 19.52.
Crude oil for February delivery was up 0.55% or 0.35 to $63.92 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.16% or 0.11 to hit $69.31 a barrel, while the February Gold Futures contract rose 0.23% or 3.10 to trade at $1322.40 a troy ounce.
The MSM30 index ended higher to close at 4452.91 points, up by 0.03 per cent. MSM Sharia Index closed at 603.43 points, down by 0.12 per cent. Oman Fisheries was the most active in terms of volume wh
Times of Oman
Shares of Deyaar Properties and Salama Insurance fell in a firm Dubai market on Wednesday as traders resorted to profit-taking.
Deyaar Properties closed 2.11 per cent lower to be at Dh0.46
QSE benchmark index rose 1.25 percent to 10,157 points, confirming a break above technical resistance at 10,003-10,028 points. The market is up 19.17 percent year-to-date (YTD).
Kuwait stocks pulled higher on Wednesday, recouping most of the previous session’s losses. The All Shares Index climbed 13.71 points in volatile session to 5,008.02 pts helped by Humansoft Holding a
The MSM30 index ended lower to close at 4451.65 points, down by 0.20 per cent. MSM Sharia Index closed at 604.13 points, down by 0.27 per cent. Bank Nizwa was the most active in terms of volume while
Times of Oman