Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.46%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.46%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Thursday, as gains in the Real Estate Development , Petrochemicals and Industrial Investment sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.46% to hit a new 1-month high.

The biggest gainers of the session on the Tadawul All Share were Makkah Construction&Development Co (SE: 4100 ), which rose 8.68% or 6.43 points to trade at 80.50 at the close. Knowledge Economic City (SE: 4310 ) added 5.47% or 0.62 points to end at 11.96 and Astra Industrial Group (SE: 1212 ) was up 4.64% or 0.71 points to 16.02 in late trade.

Biggest losers included Southern Province Cement Co. (SE: 3050 ), which lost 2.53% or 1.11 points to trade at 42.70 in late trade. Middle East Paper Co (SE: 1202 ) declined 2.30% or 0.47 points to end at 19.98 and Arriyadh Development Co. (SE: 4150 ) shed 1.55% or 0.28 points to 17.80.

Advancing stocks outnumbered falling ones by 125 to 50 and 8 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for January delivery was up 0.84% or 0.48 to $57.78 a barrel. Meanwhile, Brent oil for delivery in February rose 1.17% or 0.73 to hit $63.26 a barrel, while the December Gold Futures contract fell 0.17% or 2.20 to trade at $1279.90 a troy ounce.

EUR/SAR was down 0.01% to 4.4429, while USD/SAR fell 0.02% to 3.7498.

The US Dollar Index Futures was up 0.02% at 93.24.

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