The Saudi stock indices closed their trading higher today, Tuesday, as a whole, and the media and advertising sector, the hotel and tourism sector, the agriculture and food sector were the gaining sectors, and the Saudi general index closed its trading today, reaping gains by about 0.24%.
The rising shares on the Saudi General Index outpaced the declining ones, as the number of ascending shares reached about 85 shares, compared to 62 declining shares, while 31 shares remained at the opening level unchanged.
Regarding the high Saudi stocks, which topped the Saudi general index, the Saudi Research and Marketing Group “SE:4210” came at the fore, which gained 2.80 points, or 9.89%, to reach the share price at closing of 31.10 riyals, and the Saudi Printing and Packaging Company share “SE:4270” continued Its rise by 1.65 points, or 9.62%, to reach the share price at 18.80 riyals, and the share of Tahama Advertising and Public Relations “SE:4070” rose by 1.50 points, or by 6.51%, to end its trading at 24.55 riyals.
As for the Saudi stocks declining, the share of Amana Insurance “SE: 8310” was issued the declining shares by 1.55%, to lose 0.30 points, to close at a price of 19.10 riyals, followed by the share of the National Agricultural Development Company “SE: 6010”, which recorded losses of 0.35 points, or 1.41% The share closed its trading at 24.50 riyals, and the Saudi Industrial Investment Group “SE:2250” share fell 0.30 points, or 1.40%, to reach the share price at 21.10 riyals.
On the other hand, crude oil futures contracts for “April delivery” achieved today gains by 0.43%, to rise by $0.23 to reach the price of a barrel at $53.43, and Brent contracts for “May delivery” rose by about 0.43%, or by a value of $0.24, to close at the price of $0.24 a barrel. 56.25 dollars, as for gold contracts, they closed their transactions down by 3.85 dollars, or 0.31%, to reach the price of an ounce at 1221.65 dollars.
As for the currency market: the “EUR/SAR” pair declined by 0.09%, to trade at the level of 3.9661 riyals, and the “USD/SAR” pair continued its decline by 0.02%, to trade at the level of 3.7500 riyals.
Stock indices decline in the Emirates, led by the real estate sector and banks
The UAE stock indices ended their trading today, Tuesday, in the red zone, due to the losses incurred by the real estate sector, the banking sector, financial companies and the investment sector.
The Dubai Financial Market Index declined towards 1.53% to record its lowest level in a month, and the Abu Dhabi Index lost towards 0.28%.
The number of declining shares exceeded the high shares on the Dubai market index, as the number of declining shares reached about 23 shares, compared to 7 shares of the high shares, while 7 shares remained at the opening level unchanged. 12 shares unchanged.
The following stocks topped the rising shares on the Dubai market index. Takaful House “DU:DTKF” came to the fore, which gained 0.040 points, or 3.42%, to close at a price of 1,210 dirhams, and Aramex’s “DU:ARMX” share continued to rise by 2.671 TP2T gained 0.130 points, to close its trading at 5,000 dirhams. The share of Dubai Islamic Insurance Company “DU:AMAN” added 0.024 points, or by 2.59%, to close at 0.949 dirhams.
As for the decliners in the Dubai index, the share of Emaar Properties “DU:EMAR” decreased by 3.79% to lose 0.290 points, to end its trading at a price of 7.360 dirhams, followed by Arabtec Holding “DU:ARTC” which recorded a loss of 0.020 points, or 2.14% The share price reached 0.914 dirhams, and Emirates National Dubai "DU:ENBD" came in third place, declining by 2.05%, or 0.170 points, to reach the share's closing price of 8.130 dirhams.
Regarding the high shares that topped the Abu Dhabi index today, the National Corporation for Tourism and Hotels “AD:NCTH” came to the fore, which achieved gains by about 14,83%, to reach the share at a price of 3.33 dirhams, followed by the Abu Dhabi Ship Building share, which continued to achieve gains by about 2,63%, to end the trading Today, at a price of 2.730 dirhams, the share of Agthia Group “AD:AGTH” rose by 2.38%, to reach the price of 6.45 dirhams.
As for the stocks with the weakest performance on the Abu Dhabi index, the share of Cement Industries or Al Qaiwain “AD: QIC” came, as it recorded losses by about 9.52%, to end trading today at a price of 0.9500 dirhams, followed by the share of the Commercial International Bank “AD:CBI”, which lost about about 8.59%, bringing the share price to 1.810 dirhams, and the Emirates Driving School “AD:DRIV” share decreased by 8.11%, to close its trading at 8.50 dirhams.
On the other hand, the futures contracts for crude oil “April delivery” rose by $0.21, or 0.39%, to reach the price of $53.41 a barrel, and Brent contracts for “May delivery” rose by $0.18, or 0.32%, to reach the price of 56.19 a barrel. Dollars, as for gold contracts, it fell by 1.15 dollars, or 0.09%, to reach the price of an ounce at 1224.35 dollars.
On the currency market, the “USD/AED” pair rose by 0.01%, to trade at the level of 3.6730 dirhams, while the “USD/AED” pair continued its decline by 0.09%, to trade at the level of 3.8839 dirhams.
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