Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.48%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.48%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Wednesday, as gains in the Retail , Agriculture & Food and Transport sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.48%.

The biggest gainers of the session on the Tadawul All Share were Saudi Company for Hardware (SE: 4008 ), which rose 9.96% or 12.06 points to trade at 133.20 at the close. Middle East Healthcare Co (SE: 4009 ) added 6.15% or 3.35 points to end at 57.80 and AXA Cooperative Insurance Company (SE: 8250 ) was up 3.91% or 1.01 points to 26.85 in late trade.

Biggest losers included Saudi Electricity Company (SE: 5110 ), which lost 4.22% or 0.89 points to trade at 20.20 in late trade. Al Maather REIT (SE: 4334 ) declined 4.18% or 0.37 points to end at 8.48 and Al Hassan Ghazi Ibrahim Shaker (SE: 1214 ) shed 3.55% or 0.41 points to 11.14.

Declining stocks outnumbered rising ones by 93 to 84 and 7 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for May delivery was up 0.90% or 0.57 to $64.11 a barrel. Meanwhile, Brent oil for delivery in May rose 1.11% or 0.75 to hit $68.17 a barrel, while the April Gold Futures contract rose 0.50% or 6.50 to trade at $1318.40 a troy ounce.

EUR/SAR was up 0.35% to 4.6069, while USD/SAR fell 0.01% to 3.7499.

The US Dollar Index Futures was down 0.36% at 89.69.

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