The Saudi stock indices closed their trading today, Wednesday, in the green zone, due to the rise in the shares of the industrial investment sector, the insurance sector, and the multi-investment sector. The Saudi general index closed up by 0.07%.
The share of the National Industrialization Company (SE:2060) topped the Saudi stocks, with a rise of 1.70 points, or 10.09%, to reach the share price at the end of the session 18.55 riyals, which is its highest level in more than four years. Bupa Arabia for Cooperative Insurance (SE) also continued :8210), which rose by 8.25 points, or 6.51%, to reach the share price at 135.00 riyals, then came Al-Rajhi Takaful Insurance (SE:8230) with a gain of 2.50 points, or by 5.36%, to reach the share at the closing of 49.10 riyals, which is the highest in three years .
As for the Saudi stocks declining, the share of Jabal Omar Development Company (SE:4250) decreased by 3.00 points, or by 4.36%, to reach the share price at the close of trading at 65.75 riyals, followed by the share of Jazan Development Company (SE:6090), which fell by 0.40 points. That is, by 3.08%, to reach the share price at 12.60 riyals, and the share of Etihad Atheeb Telecom Company (SE:7040), decreased by 0.100 points, or by 2.78%, to reach the share at 3.500 riyals.
The number of declining shares exceeded the high shares on the Saudi general index, as the number of declining shares reached 88 compared to 50 for the risers, while 32 shares remained stable without change.
On the other hand, crude oil futures for “April delivery” fell by 0.35 cents, or 0.64%, to trade at a price of $53.98 a barrel, and Brent crude “for April delivery” fell by 0.36 cents, or 0.64%, to trade at 56.30 a barrel. dollar.
As for gold contracts, “April delivery”
/April”, it rose by 0.13% to reach the price of an ounce at $1240.50.
The EUR/SAR pair fell by 0.20% to trade at the 3.9428 level, while the USD/SAR pair continued to rise by 0.02% to trade at the 3.7511 level.
Stock indices in the UAE closed higher
Stock indices in the United Arab Emirates closed higher today, Wednesday, due to the rise in the shares of the insurance sector, real estate sector, construction, financial services sector and investments.
At the end of trading, the Dubai index rose by 2.42%, and the Abu Dhabi index rose by 0.65%.
Among the high stocks that topped the Dubai index, Arabtec Holding (DU:ARTC) gained 0.126 points, or 15.00%, to reach the share price at the close of 0.966 dirhams, and Oman Insurance (DU:OIC) continued to increase by 0.220 points, or by 14.67%, bringing the share to 1.720 dirhams, the highest level in more than 4 years, then came Union Properties (DU:UPRO) share, which gained 0.099 points, or 10.75%, to reach the share at the close of trading at 1.020 dirhams.
As for the declining shares on the Dubai index, the share of Air Arabia (DU:AIRA) topped the list, declining by 0.010 points, or 0.82%, to reach the end of trading at 1.210 dirhams, followed by the share of Emirates National Dubai (DU:ENBD), which fell by 0.040 points, or 0.82%. The share of Emirates Integrated Telecommunications (DU:DU) decreased by 0.010 points, or by 0.17%, the share closed at 6.00 dirhams by 0.48% to reach the share of 8.360 dirhams.
As for the rising stocks on the Abu Dhabi index, the share of Commercial International Bank (AD:CBI) came in as high as 10.00% to close at AED 1.980, then was followed by Arkan Building Materials (AD:ARKN) that rose by 6.49% to end its trading at a price of AED 1.980. 0.8200 dirhams, and Methaq Takaful Insurance (AD:METH) rose by 4.71%, to close at 0.890 dirhams.
As for the decliners, the share of Abu Dhabi Insurance Company (AD:ADNI) lost about 9.09% to end its trading at 2,700 dirhams, followed by the share of Bank of Sharjah (AD:BOS) that lost about 2.84% to close at 1.370 dirhams. Agthia (AD:AGTH), which fell by 1.55% to reach the share price at the close of 6.35 dirhams.
The rising shares exceeded the declining ones on the Dubai Financial Market Index, where the number of rising shares reached about 30 shares, compared to 4 declining shares, while 1 remained unchanged. .
On the other hand, futures contracts for crude oil “April delivery” fell 0.27 cents, or 0.50%, to reach the price of a barrel at 54.06 dollars, and Brent crude “for April delivery” decreased by 0.30 cents, or 0.53%, to trade at 56.36 dollars per barrel. Dollars, as for gold contracts, they fell by 0.08%, to reach the price of an ounce at 1237.85 dollars.
The USD/AED pair stabilized during today's trading, to trade at the level of 3.6728, while the EUR/AED pair continued its decline by 0.28%, to trade at the 3.8586 level.
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