Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.18%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.18%
Credit: © Reuters.

Investing.com – Saudi Arabia equities were higher at the close on Wednesday, as gains in the Hotels & Tourism , Industrial Investment and Petrochemicals sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.18% to hit a new 1-month high.

The biggest gainers of the session on the Tadawul All Share were Saudi vitrified clay pipes co. (SE: 2360 ), which rose 9.99% or 5.24 points to trade at 57.70 at the close. Al-Tayyar Travel Group Holding Co. (SE: 1810 ) added 5.38% or 1.41 points to end at 27.60 and National Medical Care Company (SE: 4005 ) was up 5.07% or 2.15 points to 44.55 in late trade.

Biggest losers included Saudi Ceramic Co. (SE: 2040 ), which lost 2.53% or 0.71 points to trade at 27.40 in late trade. Etihad Atheeb Telecommunication (SE: 7040 ) declined 2.48% or 0.190 points to end at 7.460 and Yanbu Cement Co. (SE: 3060 ) shed 1.79% or 0.57 points to 31.30.

Advancing stocks outnumbered falling ones by 90 to 84 and 10 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for February delivery was up 0.42% or 0.24 to $57.80 a barrel. Meanwhile, Brent oil for delivery in February rose 0.22% or 0.14 to hit $63.94 a barrel, while the February Gold Futures contract rose 0.34% or 4.30 to trade at $1268.50 a troy ounce.

EUR/SAR was up 0.03% to 4.4413, while USD/SAR fell 0.01% to 3.7500.

The US Dollar Index Futures was down 0.02% at 93.03.

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