Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.43%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.43%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Tuesday, as gains in the Petrochemicals , Retail and Industrial Investment sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.43% to hit a new 3-year high.

The biggest gainers of the session on the Tadawul All Share were Abdullah A. M. Al-Khodari Sons Co (SE: 1330 ), which rose 9.96% or 0.55 points to trade at 6.07 at the close. ACE ARABIA COOPERATIVE INSURANCE (SE: 8240 ) added 8.80% or 1.82 points to end at 22.50 and National Industrialization Co (SE: 2060 ) was up 4.83% or 0.88 points to 19.10 in late trade.

Biggest losers included Tourism Enterprise Co. (SE: 4170 ), which lost 2.22% or 0.70 points to trade at 30.80 in late trade. Kingdom Holding Company (SE: 4280 ) declined 1.62% or 0.14 points to end at 8.51 and Malath Cooperative Insurance Co (SE: 8020 ) shed 1.42% or 0.16 points to 11.08.

Advancing stocks outnumbered falling ones by 99 to 74 and 17 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for May delivery was up 0.54% or 0.33 to $61.92 a barrel. Meanwhile, Brent oil for delivery in June fell 0.13% or 0.09 to hit $68.92 a barrel, while the June Gold Futures contract fell 0.07% or 0.85 to trade at $1293.35 a troy ounce.

EUR/SAR was down 0.05% to 4.2027, while USD/SAR rose 0.01% to 3.7504.

The US Dollar Index Futures was up 0.15% at 96.945.

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