Localization in Saudi military industries rises to 19.35%    Logistics park for vehicles worth SR300 million to be set up at Dammam port    Commerce Ministry recalls 6,500 Genesis cars due to risk of fire    HONOR KSA expands its presence with new flagship Experience Store in Riyadh HONOR's first flagship store in KSA provides visitors with a premium experience, exciting offers and free services    Saudi, Iranian foreign ministers discuss Oman-mediated talks with US    Prince Sultan University launches first bachelor's program in language and media    Al-Falih: Eastern Province hosts 700 investment opportunities worth SR330 billion    India demolishes houses of 10 alleged militants days after deadly Kashmir attack    Yemen's Houthis claim dozens killed in US strike on prison holding African migrants    Putin announces three-day Russian ceasefire in Ukraine from 8 May    Crown Prince donates SR1 billion to support housing for eligible families    Suspect charged after Vancouver car ramming leaves 11 dead    Rock & Roll Hall of Fame picks Outkast but not Oasis    Makkah police arrest Yemeni and Egyptian suspects of fake Hajj campaign    Duran leads Al Nassr past Yokohama Marinos into AFC Champions League Elite semi-finals    Al Ahli cruise past Buriram into AFC Champions League Elite semi-finals    Saudi orchestra to perform at Sydney Opera House in May    Al Hilal thrash Gwangju to reach AFC Champions League Elite semi-finals    Saudi Theater Commission launches its Work and Learn Project in UK    The season has begun — and one comment shook us all    Pakistani star's Bollywood return excites fans and riles far right    Veteran Bollywood actor Manoj Kumar dies at 87    Bollywood actress vindicated over boyfriend's death after media hounding    Grand Mufti rules against posting prayers and preaching in mosques on social media    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







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Tadawul All Share Index uptick
Published in The Saudi Gazette on 20 - 05 - 2015

JEDDAH — Most Gulf stock markets moved little in early trade on Tuesday in the absence of fresh catalysts and against a mixed global background.
Brent oil prices have dropped in Asian trade on Tuesday on signs of weakness at the world's top energy consumer China, but US crude futures have edged up on rising demand ahead of the summer driving season.
Asian shares have risen after both the Dow Jones industrial average and the S&P 500 in the United States closed at record highs.
Saudi Arabia stocks were higher after the close on Tuesday, as gains in the Transport, Insurance and Hotels & Tourism sectors led shares higher.
At the close in Saudi Arabia, the Tadawul All Share gained 0.03%. The best performers of the session on the Tadawul All Share were Saudi Transport & Investment Co, which rose 9.58% or 5.99 points to trade at 68.50 at the close.
Meanwhile, Salama Cooperative Insurance Co added 4.66% or 1.34 points to end at 30.10 and Arabia Insurance Cooperative Co was up 4.64% or 0.69 points to 15.55 in late trade.
The worst performers of the session were Wataniya Insurance Company, which fell 3.04% or 2.99 points to trade at 95.25 at the close.
Emaar The Economic City declined 2.66% or 0.45 points to end at 16.45 and ACE Arabia Cooperative Insurance was down 2.23% or 1.70 points to 74.50.
Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 99 to 64. Shares in Saudi Transport & Investment Co rose to 52-week highs; rising 9.58% or 5.99 to 68.50.
Crude oil for July delivery was down 2.08% or 1.25 to $58.99 a barrel.
Elsewhere in commodities trading, Brent oil for delivery in July fell 1.67% or 1.10 to hit $65.17 a barrel, while the June Gold contract fell 1.03% or 12.60 to trade at $1215.00 a troy ounce.
Meanwhile, Dubai's index climbed 0.9 percent as most stocks rose and heavyweight Emaar Properties , which dominated trading volumes, added 1.9 percent.
Abu Dhabi edged up 0.3 percent, supported by telecommunications firm Etisalat, up 0.4 percent. Qatar's bourse was nearly flat as Ezdan Holding and Qatar Insurance remained volatile after surging on their inclusion in MSCI's emerging markets index last week.
Ezdan rose 1.2 percent but Qatar Insurance dropped 2.0 percent. Kuwait's index inched up 0.1 percent, while Oman was flat. — SG/Agencies


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