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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.30%

Published 2019/04/08, 15:15
© Reuters.  Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.30%

Investing.com – Saudi Arabia equities were higher at the close on Monday, as gains in the Agriculture & Food, Insurance and Energy & Utilities sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.30%.

The biggest gainers of the session on the Tadawul All Share were Saudi Enaya Cooperative Insurance (SE:8311), which rose 5.70% or 0.76 points to trade at 14.10 at the close. Gulf Union Cooperative Insurance (SE:8120) added 5.46% or 0.78 points to end at 15.06 and Saudi Cable Company (SE:2110) was up 4.68% or 1.90 points to 42.50 in late trade.

Biggest losers included Arabian Cement Co (SE:3010), which lost 4.08% or 1.06 points to trade at 24.94 in late trade. Southern Province Cement Co. (SE:3050) declined 2.84% or 1.30 points to end at 44.50 and Alawwal Bank (SE:1040) shed 1.86% or 0.34 points to 17.92.

Advancing stocks outnumbered falling ones by 106 to 67 and 17 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for May delivery was up 0.59% or 0.37 to $63.45 a barrel. Meanwhile, Brent oil for delivery in June rose 0.47% or 0.33 to hit $70.67 a barrel, while the June Gold Futures contract rose 0.89% or 11.55 to trade at $1307.15 a troy ounce.

EUR/SAR was up 0.43% to 4.2249, while USD/SAR fell 0.00% to 3.7504.

The US Dollar Index Futures was down 0.37% at 96.645.

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