Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.19%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.19%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Wednesday, as gains in the Hotels & Tourism , Telecoms & IT and Retail sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.19%.

The biggest gainers of the session on the Tadawul All Share were Etihad Etisalat Co (SE: 7020 ), which rose 5.08% or 0.92 points to trade at 19.02 at the close. Al-Tayyar Travel Group Holding Co. (SE: 1810 ) added 3.55% or 0.82 points to end at 23.92 and Mobile Telecommunications Company (SE: 7030 ) was up 3.35% or 0.31 points to 9.57 in late trade.

Biggest losers included Saudi Cable Company (SE: 2110 ), which lost 4.55% or 2.20 points to trade at 46.10 in late trade. Saudi Industrial Development Co. (SE: 2130 ) declined 1.99% or 0.17 points to end at 8.39 and Allied Cooperative Insurance Group (SE: 8150 ) shed 1.81% or 0.40 points to 21.70.

Advancing stocks outnumbered falling ones by 87 to 85 and 18 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for April delivery was up 2.31% or 1.28 to $56.78 a barrel. Meanwhile, Brent oil for delivery in May rose 1.45% or 0.95 to hit $66.31 a barrel, while the April Gold Futures contract rose 0.12% or 1.55 to trade at $1330.05 a troy ounce.

EUR/SAR was down 0.04% to 4.2711, while USD/SAR rose 0.01% to 3.7504.

The US Dollar Index Futures was down 0.00% at 95.863.

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