Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.22%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.22%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Monday, as gains in the Telecoms & IT , Financial Services and Retail sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.22%.

The biggest gainers of the session on the Tadawul All Share were Mobile Telecommunications Company (SE: 7030 ), which rose 7.36% or 0.65 points to trade at 9.48 at the close. Samba Financial Group (SE: 1090 ) added 2.95% or 1.05 points to end at 36.65 and Banque Saudi Fransi (SE: 1050 ) was up 2.71% or 1.00 points to 37.90 in late trade.

Biggest losers included Saudi Kayan Petrochemical Company (SE: 2350 ), which lost 5.36% or 0.76 points to trade at 13.42 in late trade. Sahara (SE: 2260 ) declined 3.47% or 0.56 points to end at 15.58 and Savola Group (SE: 2050 ) shed 2.87% or 0.90 points to 30.50.

Declining stocks outnumbered rising ones by 104 to 66 and 20 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for March delivery was down 0.04% or 0.02 to $54.17 a barrel. Meanwhile, Brent oil for delivery in March rose 0.22% or 0.14 to hit $62.84 a barrel, while the February Gold Futures contract fell 0.42% or 5.45 to trade at $1277.15 a troy ounce.

EUR/SAR was down 0.06% to 4.2611, while USD/SAR rose 0.01% to 3.7506.

The US Dollar Index Futures was up 0.08% at 96.065.

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