Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.08%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.08%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Thursday, as gains in the Media & Publishing , Real Estate Development and Retail sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.08% to hit a new 52-week high.

The biggest gainers of the session on the Tadawul All Share were Saudi Cement Company (SE: 3030 ), which rose 4.92% or 2.39 points to trade at 51.00 at the close. Eastern Province Cement Co. (SE: 3080 ) added 4.34% or 1.17 points to end at 28.10 and Yanbu Cement Co. (SE: 3060 ) was up 3.87% or 1.29 points to 34.65 in late trade.

Biggest losers included Takween Advanced Industries (SE: 1201 ), which lost 5.63% or 0.57 points to trade at 9.56 in late trade. Saudi Industrial Investment Group (SE: 2250 ) declined 5.00% or 1.12 points to end at 21.30 and Saudi Arabian Mining Company (SE: 1211 ) shed 4.90% or 2.77 points to 53.80.

Advancing stocks outnumbered falling ones by 100 to 77 and 6 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for March delivery was up 1.22% or 0.79 to $65.52 a barrel. Meanwhile, Brent oil for delivery in April rose 1.10% or 0.76 to hit $69.65 a barrel, while the April Gold Futures contract fell 0.03% or 0.40 to trade at $1342.70 a troy ounce.

EUR/SAR was up 0.35% to 4.6719, while USD/SAR fell 0.01% to 3.7501.

The US Dollar Index Futures was down 0.18% at 88.79.

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