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 Energy & Utilities , Building & Construction and Real Estate Development sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.33%.

The biggest gainers of the session on the Tadawul All Share were Saudi RE Cooperative Reinsurance (SE: 8200 ), which rose 8.25% or 0.61 points to trade at 8.00 at the close. Dar Alarkan Real Estate Development (SE: 4300 ) added 4.61% or 0.65 points to end at 14.76 and Saudi Electricity Company (SE: 5110 ) was up 4.12% or 0.83 points to 21.00 in late trade.

Biggest losers included Saudi Industrial Export Co (SE: 4140 ), which lost 3.75% or 5.77 points to trade at 148.00 in late trade. Alinma Bank (SE: 1150 ) declined 2.76% or 0.54 points to end at 19.06 and Alinma Tokio Marine Co (SE: 8312 ) shed 2.04% or 0.45 points to 21.60.

Advancing stocks outnumbered falling ones by 115 to 59 and 10 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for February delivery was down 0.70% or 0.42 to $59.55 a barrel. Meanwhile, Brent oil for delivery in March fell 0.83% or 0.55 to hit $65.91 a barrel, while the February Gold Futures contract rose 0.24% or 3.10 to trade at $1290.60 a troy ounce.

EUR/SAR was up 0.29% to 4.4620, while USD/SAR fell 0.00% to 3.7501.

The US Dollar Index Futures was down 0.26% at 92.60.

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