Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.32%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.32%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Tuesday, as gains in the Energy & Utilities , Agriculture & Food and Hotels & Tourism sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.32%.

The biggest gainers of the session on the Tadawul All Share were United Wire Factories Company (SE: 1301 ), which rose 6.09% or 0.97 points to trade at 16.90 at the close. Methanol Chemicals Company (SE: 2001 ) added 4.17% or 0.36 points to end at 9.00 and Saudi Kayan Petrochemical Company (SE: 2350 ) was up 3.72% or 0.37 points to 10.32 in late trade.

Biggest losers included Solidarity Saudi Takaful Co (SE: 8290 ), which lost 4.20% or 0.92 points to trade at 20.96 in late trade. Etihad Atheeb Telecommunication (SE: 7040 ) declined 2.60% or 0.190 points to end at 7.120 and Saudi Research and Marketing Group (SE: 4210 ) shed 2.36% or 1.46 points to 60.50.

Declining stocks outnumbered rising ones by 94 to 83 and 7 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for January delivery was up 0.79% or 0.46 to $58.45 a barrel. Meanwhile, Brent oil for delivery in February rose 1.33% or 0.86 to hit $65.55 a barrel, while the February Gold Futures contract fell 0.14% or 1.70 to trade at $1245.20 a troy ounce.

EUR/SAR was down 0.02% to 4.4126, while USD/SAR fell 0.01% to 3.7500.

The US Dollar Index Futures was down 0.07% at 93.87.

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