Saudi Arabia equities leap at close of trade

Saudi Arabia equities leap at close of trade

On Thursday, Saudi Arabia stocks managed to grow after the close because revenues in the Building & Construction, Real Estate Development as well as Agriculture & Food sectors underpinned stocks.

The Tadawul All Share ascended 0.82%.

On the Tadawul All Share the best performers included Makkah Construction&Development Co, Fawaz Abdulaziz AlHokair Company and Fitaihi Holding Group. They added 9.86%, 6.11% and 5.89% respectively.

Meanwhile, the worst performance was demonstrated by Saudi Arabia Refineries Co., Alujain Corporation and Electrical Industries Co. They went down respectively 2.34%, 2.00% and 1.74%.

On the Saudi Arabia Stock Exchange leaping stocks supplanted dipping equities by 152 to 24, while 5 were intact.

The currency pair EUR/SAR inched up 0.23% being worth 4.4433. Besides this, USD/SAR stood still, sticking to 3.7503.

As for the US Dollar Index Futures, it headed south 0.12% trading at 93.04.


Asian equities take a time out

On Tuesday, Asian equities took a tiny step back after three straight trading winning sessions, with financial markets consolidating hoping that an upswing in global surge could outlast a probable hike in American borrowing costs this week…


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