China GDP grows 5% in Q1, beats expectations on exports, spending strength
Investing.com – Saudi Arabia stocks were higher after the close on Wednesday, as gains in the Financial Services, Media & Publishing and Telecoms & IT sectors led shares higher.
At the close in Saudi Arabia, the Tadawul All Share added 0.15% to hit a new 6-months high.
The best performers of the session on the Tadawul All Share were Al Rajhi Bank (TADAWUL:1120), which rose 4.69% or 4.50 points to trade at 100.40 at the close. Meanwhile, MBC Group CJSC (TADAWUL:4072) added 4.36% or 2.30 points to end at 55.10 and Bank AlJazira (TADAWUL:1020) was up 3.96% or 0.72 points to 18.92 in late trade.
The worst performers of the session were Bupa Arabia for Coop. Insurance (TADAWUL:8210), which fell 7.09% or 14.80 points to trade at 194.00 at the close. Ash-Sharqiyah Development Company (TADAWUL:6060) declined 5.18% or 1.14 points to end at 20.86 and BAAN Holding Group Company SJSC (TADAWUL:1820) was down 4.53% or 0.12 points to 2.53.
Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 217 to 102 and 23 ended unchanged.
Shares in Al Rajhi Bank (TADAWUL:1120) rose to 52-week highs; up 4.69% or 4.50 to 100.40. Shares in Bank AlJazira (TADAWUL:1020) rose to 52-week highs; rising 3.96% or 0.72 to 18.92.
Crude oil for March delivery was down 0.56% or 0.41 to $73.36 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 0.54% or 0.41 to hit $76.08 a barrel, while the April Gold Futures contract fell 0.02% or 0.69 to trade at $2,793.91 a troy ounce.
EUR/SAR was down 0.30% to 3.90, while USD/SAR unchanged 0.00% to 3.75.
The US Dollar Index Futures was up 0.25% at 107.96.
