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On Tuesday, Saudi Arabia stocks grew after the close because revenues in the Agriculture & Food, Hotels & Tourism as well as Real Estate Development sectors underpinned stocks.
The Tadawul All Share rallied 0.41%.
On the Tadawul All Share the winners included Dar Alarkan Real Estate Development, Saudi Public Transport Co. and Herfy Food Services Co. They gained respectively 4.60%, 3.75% and 3.69%.
On the contrary, Amana Cooperative Insurance Co, Saudi United Cooperative Insurance and Saudi Enaya Cooperative Insurance turned to be the worst performers, sliding 2.66%, 2.16% and 1.58% respectively.
Jumping stocks managed to outperform diving equities on the Saudi Arabia Stock Exchange by 108 to 71, while 6 were intact.
The currency pair EUR/SAR headed south 0.07% being worth 4.4585, USD/SAR climbed 0.01% reaching 3.7505.
As for the US Dollar Index Futures, it inched up 0.14% showing an outcome of 92.98.
On Thursday, Asian stocks rallied after the major US bank took a more accommodative stance at its policy gathering, although worries over US-China trade negotiations and decelerating global surged capped broad profits and suppressed some markets…
On Wednesday, American stocks were nearly intact because market participants awaited more clarity on the Fed’s interest rate outlook for 2019, while some trade fears still persisted…
On Wednesday, Asian stocks dived because investors took profits ahead of a policy decision by the Fed, anticipated to tell more about its interest rate plans for the rest of 2019…
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…
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