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 Real Estate Development , Industrial Investment and Media & Publishing sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.11% to hit a new 1-month high.

The biggest gainers of the session on the Tadawul All Share were Makkah Construction&Development Co (SE: 4100 ), which rose 9.98% or 7.43 points to trade at 81.90 at the close. Alinma Tokio Marine Co (SE: 8312 ) added 5.96% or 1.26 points to end at 22.40 and Al Andalus Property Co SJSC (SE: 4320 ) was up 5.07% or 0.99 points to 20.50 in late trade.

Biggest losers included United Int Transportation Company (SE: 4260 ), which lost 3.98% or 1.11 points to trade at 26.80 in late trade. Fawaz Abdulaziz AlHokair Company (SE: 4240 ) declined 3.68% or 1.14 points to end at 29.80 and Eastern Province Cement Co. (SE: 3080 ) shed 3.24% or 0.83 points to 24.80.

Declining stocks outnumbered rising ones by 107 to 74 and 4 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for February delivery was up 0.58% or 0.33 to $57.55 a barrel. Meanwhile, Brent oil for delivery in February rose 0.49% or 0.31 to hit $63.72 a barrel, while the February Gold Futures contract fell 0.03% or 0.40 to trade at $1265.10 a troy ounce.

EUR/SAR was up 0.36% to 4.4342, while USD/SAR rose 0.01% to 3.7504.

The US Dollar Index Futures was down 0.15% at 93.09.

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