Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.35%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.35%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Sunday, as gains in the Financial Services , Petrochemicals and Telecoms & IT sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.35% to hit a new 3-year high.

The biggest gainers of the session on the Tadawul All Share were ACE ARABIA COOPERATIVE INSURANCE (SE: 8240 ), which rose 10.00% or 1.80 points to trade at 19.80 at the close. Anb Insurance (SE: 8011 ) added 5.17% or 1.08 points to end at 21.98 and Al Mashaar REIT (SE: 4337 ) was up 4.02% or 0.29 points to 7.51 in late trade.

Biggest losers included Abdullah A. M. Al-Khodari Sons Co (SE: 1330 ), which lost 7.54% or 0.45 points to trade at 5.52 in late trade. Arabian Pipes Company (SE: 2200 ) declined 5.93% or 0.62 points to end at 9.84 and Al Sorayai Trading&Industrial Group (SE: 1213 ) shed 5.82% or 0.76 points to 12.30.

Declining stocks outnumbered rising ones by 0 to 0 on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for May delivery was up 0.65% or 0.39 to $60.53 a barrel. Meanwhile, Brent oil for delivery in June rose 0.93% or 0.63 to hit $68.21 a barrel, while the June Gold Futures contract fell 0.24% or 3.15 to trade at $1295.35 a troy ounce.

EUR/SAR was up 0.16% to 4.2142, while USD/SAR rose 0.01% to 3.7504.

The US Dollar Index Futures was down 0.13% at 96.722.

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