Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.20%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.20%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Wednesday, as gains in the Multi Investment , Insurance and Financial Services sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.20%.

The biggest gainers of the session on the Tadawul All Share were The Mediterranean&Gulf Insurance Co (SE: 8030 ), which rose 4.44% or 1.45 points to trade at 34.10 at the close. Al-Ahlia Insurance Company (SE: 8140 ) added 4.20% or 0.50 points to end at 12.40 and Al Alamiya Cooperative Insurance (SE: 8280 ) was up 4.11% or 1.05 points to 26.60 in late trade.

Biggest losers included Trade Union Cooperative Insurance (SE: 8170 ), which lost 5.81% or 1.33 points to trade at 21.58 in late trade. Dur Hospitality (SE: 4010 ) declined 5.61% or 1.12 points to end at 18.86 and Saudi Industrial Services Co. (SE: 2190 ) shed 3.85% or 0.44 points to 11.00.

Advancing stocks outnumbered falling ones by 104 to 72 and 3 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for December delivery was up 1.05% or 0.57 to $54.95 a barrel. Meanwhile, Brent oil for delivery in January rose 0.95% or 0.58 to hit $61.52 a barrel, while the December Gold Futures contract rose 0.35% or 4.48 to trade at $1274.98 a troy ounce.

EUR/SAR was down 0.31% to 4.3551, while USD/SAR rose 0.01% to 3.7505.

The US Dollar Index Futures was up 0.29% at 94.72.

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