Stock Markets(Mar 07, 2021 09:15AM ET)
At the close in Saudi Arabia, the Tadawul All Share rose 1.18% to hit a new 52-week high.
The best performers of the session on the Tadawul All Share were Saudi Advanced Industries Co. (SE:2120), which rose 10.00% or 3.75 points to trade at 41.25 at the close. Meanwhile, Fitaihi Holding Group (SE:4180) added 10.00% or 2.20 points to end at 24.20 and National Metal Manufacturing Co. (SE:2220) was up 9.97% or 3.80 points to 41.90 in late trade.
The worst performers of the session were Baazeem Trading Co (SE:4051), which fell 1.97% or 2.20 points to trade at 109.20 at the close. Qassim Agriculture Co. (SE:6020) declined 1.84% or 0.55 points to end at 29.30 and Arabia Insurance Cooperative Co (SE:8160) was down 1.83% or 0.42 points to 22.58.
Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 160 to 35 and 9 ended unchanged.
Shares in Saudi Advanced Industries Co. (SE:2120) rose to 5-year highs; gaining 10.00% or 3.75 to 41.25. Shares in Fitaihi Holding Group (SE:4180) rose to 5-year highs; rising 10.00% or 2.20 to 24.20. Shares in National Metal Manufacturing Co. (SE:2220) rose to 5-year highs; up 9.97% or 3.80 to 41.90.
Crude oil for April delivery was up 3.81% or 2.43 to $66.26 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 4.20% or 2.80 to hit $69.54 a barrel, while the April Gold Futures contract fell 0.16% or 2.70 to trade at $1698.00 a troy ounce.
EUR/SAR was down 0.39% to 4.4713, while USD/SAR rose 0.02% to 3.7517.
The US Dollar Index Futures was up 0.41% at 92.018.Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.18% Add a Comment