Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.09%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.09%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Monday, as gains in the Telecoms & IT , Energy & Utilities and Agriculture & Food sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.09% to hit a new 52-week high.

The biggest gainers of the session on the Tadawul All Share were Dur Hospitality (SE: 4010 ), which rose 3.86% or 0.81 points to trade at 21.80 at the close. National Petrochemical Company (SE: 2002 ) added 3.77% or 0.98 points to end at 27.00 and Allied Cooperative Insurance Group (SE: 8150 ) was up 3.52% or 0.69 points to 20.30 in late trade.

Biggest losers included Arabian Cement Co (SE: 3010 ), which lost 5.34% or 1.80 points to trade at 31.90 in late trade. Dar Alarkan Real Estate Development (SE: 4300 ) declined 5.33% or 0.68 points to end at 12.08 and Al Sorayai Trading&Industrial Group (SE: 1213 ) shed 4.45% or 0.69 points to 14.80.

Declining stocks outnumbered rising ones by 107 to 71 and 7 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for May delivery was up 1.26% or 0.78 to $62.84 a barrel. Meanwhile, Brent oil for delivery in June rose 1.37% or 0.92 to hit $68.03 a barrel, while the June Gold Futures contract rose 0.09% or 1.20 to trade at $1337.30 a troy ounce.

EUR/SAR was up 0.29% to 4.6189, while USD/SAR fell 0.01% to 3.7499.

The US Dollar Index Futures was down 0.27% at 89.58.

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