Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.26%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.26%
Credit: © Reuters.

Investing.com – Saudi Arabia equities were higher at the close on Monday, as gains in the Energy & Utilities , Financial Services and Telecoms & IT sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.26%.

The biggest gainers of the session on the Tadawul All Share were Saudi Industrial Export Co (SE: 4140 ), which rose 9.98% or 20.20 points to trade at 222.60 at the close. Tourism Enterprise Co. (SE: 4170 ) added 6.26% or 2.01 points to end at 34.10 and The Mediterranean&Gulf Insurance Co (SE: 8030 ) was up 5.24% or 1.20 points to 24.10 in late trade.

Biggest losers included Saudi Research and Marketing Group (SE: 4210 ), which lost 4.95% or 3.96 points to trade at 76.00 in late trade. Etihad Atheeb Telecommunication (SE: 7040 ) declined 4.11% or 0.300 points to end at 7.000 and Yanbu Cement Co. (SE: 3060 ) shed 3.51% or 1.17 points to 32.20.

Declining stocks outnumbered rising ones by 95 to 85 and 4 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for April delivery was up 0.76% or 0.47 to $62.02 a barrel. Meanwhile, Brent oil for delivery in April rose 0.49% or 0.32 to hit $65.16 a barrel, while the April Gold Futures contract fell 0.47% or 6.40 to trade at $1349.80 a troy ounce.

EUR/SAR was up 0.04% to 4.6540, while USD/SAR rose 0.06% to 3.7504.

The US Dollar Index Futures was up 0.08% at 89.10.

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