On Monday, escalating US-Chinese trade tensions impacted European equities due to the fact that market participants fled risk at the beginning of a highly uncertain week, with the UK’s parliamentary vote on Brexit looming too as well as chemicals shares…
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.
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…