Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.33%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.33%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Wednesday, as gains in the Financial Services , Hotels & Tourism and Retail sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.33% to hit a new 3-year high.

The biggest gainers of the session on the Tadawul All Share were National Agriculture Marketing Co. (SE: 4160 ), which rose 6.84% or 1.64 points to trade at 25.60 at the close. Saudi Company for Hardware (SE: 4008 ) added 5.30% or 3.90 points to end at 77.50 and Wataniya Insurance Company (SE: 8300 ) was up 4.65% or 1.08 points to 24.30 in late trade.

Biggest losers included National Gypsum Company (SE: 2090 ), which lost 3.90% or 0.52 points to trade at 12.80 in late trade. Taiba Holding Co. (SE: 4090 ) declined 2.38% or 0.70 points to end at 28.75 and Arabian Cement Co (SE: 3010 ) shed 1.86% or 0.46 points to 24.30.

Advancing stocks outnumbered falling ones by 106 to 63 and 21 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for May delivery was up 0.52% or 0.33 to $64.31 a barrel. Meanwhile, Brent oil for delivery in June rose 0.25% or 0.18 to hit $70.79 a barrel, while the June Gold Futures contract fell 0.14% or 1.85 to trade at $1306.45 a troy ounce.

EUR/SAR was down 0.21% to 4.2145, while USD/SAR rose 0.01% to 3.7504.

The US Dollar Index Futures was up 0.19% at 96.797.

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