Saudi Arabia equities rally at close of trade

Saudi Arabia equities rally at close of trade

On Thursday, Saudi Arabia shares ascended after the close because profits in the Real Estate Development, Petrochemicals as well as Retail sectors underpinned stocks.

The Tadawul All Share inched up 0.73% hitting a fresh 3-month maximum.

On the Tadawul All Share the best performers were Makkah Construction&Development Co, Alujain Corporation and Dallah Healthcare Holding Company. They ascended respectively 4.92%, 4.24% and 3.50%.

As for the worst performers, they were represented by such benchmarks as Saudi RE Cooperative Reinsurance, Saudi Advanced Industries Co and Alawwal Bank. They went down respectively 2.17%, 1.16% and 1.01%.

Soaring equities outperformed dipping shares on the Saudi Arabia Stock Exchange by 124 to 45, while 13 were intact.

The currency pair EUR/SAR tacked on 0.42% to 4.5248, USD/SAR stood still, sticking to 3.7500.

The US Dollar Index Futures headed south 0.26% being worth 91.65.

Similar

FTSE 100 heads south

On Friday, British blue-chip equities went down, getting back to negative territory after American leader Donald Trump told that he was geared up towards slapping duties on some $500 billion in China’s imports, potentially boosting his administration’s…

Popular

Asian shares tumble with Japan markets shut

On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…

Greenback surges as yields soar

On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera