Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.24%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.24%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Thursday, as gains in the Hotels & Tourism , Retail and Insurance sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.24%.

The biggest gainers of the session on the Tadawul All Share were Etihad Etisalat Co (SE: 7020 ), which rose 4.42% or 0.84 points to trade at 19.86 at the close. Al-Rajhi Cooperative Insurance (SE: 8230 ) added 3.60% or 2.60 points to end at 74.80 and Saudi Company for Hardware (SE: 4008 ) was up 3.42% or 2.30 points to 69.60 in late trade.

Biggest losers included Amana Cooperative Insurance Co (SE: 8310 ), which lost 5.41% or 0.80 points to trade at 14.00 in late trade. Abdullah A. M. Al-Khodari Sons Co (SE: 1330 ) declined 4.20% or 0.19 points to end at 4.33 and AlJazira Mawten REIT (SE: 4331 ) shed 2.65% or 0.36 points to 13.22.

Declining stocks outnumbered rising ones by 99 to 80 and 13 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for April delivery was down 0.16% or 0.09 to $56.85 a barrel. Meanwhile, Brent oil for delivery in May fell 0.35% or 0.23 to hit $66.35 a barrel, while the April Gold Futures contract rose 0.44% or 5.85 to trade at $1327.05 a troy ounce.

EUR/SAR was up 0.43% to 4.2816, while USD/SAR rose 0.01% to 3.7504.

The US Dollar Index Futures was down 0.30% at 95.748.

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