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 Tuesday, as gains in the Petrochemicals , Energy & Utilities and Financial Services sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.36%.

The biggest gainers of the session on the Tadawul All Share were ACE ARABIA COOPERATIVE INSURANCE (SE: 8240 ), which rose 7.90% or 2.05 points to trade at 28.00 at the close. Riyad Bank (SE: 1010 ) added 3.57% or 0.95 points to end at 27.55 and Saudi Arabia Fertilizers Co. (SE: 2020 ) was up 3.21% or 2.60 points to 83.60 in late trade.

Biggest losers included Mouwasat Medical Services Company (SE: 4002 ), which lost 2.35% or 2.00 points to trade at 83.10 in late trade. Jabal Omar Development Company (SE: 4250 ) declined 2.27% or 0.75 points to end at 32.35 and Al-Ahsa Development Co. (SE: 2140 ) shed 2.24% or 0.26 points to 11.34.

Declining stocks outnumbered rising ones by 90 to 74 and 24 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for June delivery was up 0.95% or 0.62 to $66.17 a barrel. Meanwhile, Brent oil for delivery in June rose 0.36% or 0.27 to hit $74.31 a barrel, while the June Gold Futures contract fell 0.62% or 7.95 to trade at $1269.65 a troy ounce.

EUR/SAR was down 0.48% to 4.2011, while USD/SAR rose 0.00% to 3.7502.

The US Dollar Index Futures was up 0.44% at 97.377.

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