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 Monday, as gains in the Hotels & Tourism , Real Estate Development and Retail sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.35%.

The biggest gainers of the session on the Tadawul All Share were Saudi RE Cooperative Reinsurance (SE: 8200 ), which rose 5.19% or 0.41 points to trade at 8.31 at the close. Alujain Corporation (SE: 2170 ) added 4.61% or 1.00 points to end at 22.70 and United Electronics Company (SE: 4003 ) was up 4.30% or 2.90 points to 70.40 in late trade.

Biggest losers included Saudi Industrial Investment Group (SE: 2250 ), which lost 2.16% or 0.54 points to trade at 24.42 in late trade. Al Hammadi Co (SE: 4007 ) declined 2.14% or 0.46 points to end at 21.00 and National Agriculture Marketing Co. (SE: 4160 ) shed 1.57% or 0.34 points to 21.30.

Advancing stocks outnumbered falling ones by 108 to 68 and 15 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for August delivery was up 1.61% or 0.94 to $59.41 a barrel. Meanwhile, Brent oil for delivery in September rose 1.56% or 1.01 to hit $65.75 a barrel, while the August Gold Futures contract fell 1.50% or 21.25 to trade at $1392.45 a troy ounce.

EUR/SAR was down 0.35% to 4.2492, while USD/SAR rose 0.00% to 3.7502.

The US Dollar Index Futures was up 0.46% at 96.107.

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