Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.11%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.11%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Tuesday, as gains in the Insurance , Retail and Agriculture & Food sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.11%.

The biggest gainers of the session on the Tadawul All Share were Saudi United Cooperative Insurance (SE: 8060 ), which rose 9.92% or 2.40 points to trade at 26.60 at the close. ACE ARABIA COOPERATIVE INSURANCE (SE: 8240 ) added 9.88% or 2.22 points to end at 24.70 and United Electronics Company (SE: 4003 ) was up 4.60% or 2.80 points to 63.70 in late trade.

Biggest losers included Saudi Cable Company (SE: 2110 ), which lost 2.94% or 1.25 points to trade at 41.25 in late trade. Rabigh Refining & Petrochemical Co (SE: 2380 ) declined 2.37% or 0.50 points to end at 20.64 and Al Alamiya Cooperative Insurance (SE: 8280 ) shed 2.31% or 0.75 points to 31.75.

Advancing stocks outnumbered falling ones by 88 to 85 and 16 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for May delivery was up 0.05% or 0.03 to $64.43 a barrel. Meanwhile, Brent oil for delivery in June fell 0.20% or 0.14 to hit $70.96 a barrel, while the June Gold Futures contract rose 0.54% or 7.05 to trade at $1308.95 a troy ounce.

EUR/SAR was up 0.18% to 4.2302, while USD/SAR rose 0.00% to 3.7504.

The US Dollar Index Futures was down 0.17% at 96.490.

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