Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.44%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.44%
Credit: © Reuters.

Investing.com – Saudi Arabia equities were higher at the close on Tuesday, as gains in the Hotels & Tourism , Insurance and Real Estate Development sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.44%.

The biggest gainers of the session on the Tadawul All Share were Al-Tayyar Travel Group Holding Co. (SE: 1810 ), which rose 7.38% or 1.58 points to trade at 23.00 at the close. Saudi Company for Hardware (SE: 4008 ) added 4.57% or 3.10 points to end at 71.00 and Saudia Dairy and Foodstuff .Co (SE: 2270 ) was up 3.72% or 3.20 points to 89.20 in late trade.

Biggest losers included Al Alamiya Cooperative Insurance (SE: 8280 ), which lost 4.89% or 1.80 points to trade at 35.00 in late trade. Gulf Union Cooperative Insurance (SE: 8120 ) declined 4.09% or 0.58 points to end at 13.60 and Al Baha Investment and Development Company SJSC (SE: 4130 ) shed 2.91% or 0.44 points to 14.66.

Advancing stocks outnumbered falling ones by 98 to 74 and 12 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for November delivery was up 1.03% or 0.71 to $69.39 a barrel. Meanwhile, Brent oil for delivery in November rose 0.97% or 0.76 to hit $78.81 a barrel, while the December Gold Futures contract fell 0.04% or 0.50 to trade at $1205.30 a troy ounce.

EUR/SAR was up 0.23% to 4.3921, while USD/SAR rose 0.02% to 3.7512.

The US Dollar Index Futures was down 0.13% at 93.97.

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