Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.36%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.36%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Monday, as gains in the Cement , Retail and Hotels & Tourism sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.36% to hit a new 3-year high.

The biggest gainers of the session on the Tadawul All Share were Gulf Union Cooperative Insurance (SE: 8120 ), which rose 6.46% or 0.98 points to trade at 16.16 at the close. Al Yamamah Steel Industries Co (SE: 1304 ) added 4.36% or 0.78 points to end at 18.68 and National Medical Care Company (SE: 4005 ) was up 3.01% or 1.45 points to 49.60 in late trade.

Biggest losers included The National Shipping Co. (SE: 4030 ), which lost 3.04% or 0.90 points to trade at 28.70 in late trade. AXA Cooperative Insurance Company (SE: 8250 ) declined 1.85% or 0.50 points to end at 26.60 and United Int Transportation Company (SE: 4260 ) shed 1.70% or 0.60 points to 34.65.

Advancing stocks outnumbered falling ones by 113 to 67 and 13 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for May delivery was down 0.45% or 0.29 to $63.60 a barrel. Meanwhile, Brent oil for delivery in June fell 0.38% or 0.27 to hit $71.28 a barrel, while the June Gold Futures contract fell 0.53% or 6.90 to trade at $1288.30 a troy ounce.

EUR/SAR was up 0.03% to 4.2402, while USD/SAR rose 0.01% to 3.7502.

The US Dollar Index Futures was down 0.11% at 96.493.

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