Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.50%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.50%
Credit: © Reuters.

Investing.com – Saudi Arabia equities were higher at the close on Thursday, as gains in the Cement , Petrochemicals and Multi Investment sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.50%.

The biggest gainers of the session on the Tadawul All Share were The Mediterranean&Gulf Insurance Co (SE: 8030 ), which rose 6.06% or 0.80 points to trade at 14.00 at the close. Tabuk Cement Co. (SE: 3090 ) added 4.30% or 0.50 points to end at 12.14 and Al Alamiya Cooperative Insurance (SE: 8280 ) was up 3.57% or 1.25 points to 36.25 in late trade.

Biggest losers included Saudi Fisheries Co. (SE: 6050 ), which lost 4.92% or 0.88 points to trade at 17.00 in late trade. Dallah Healthcare Holding Company (SE: 4004 ) declined 4.41% or 2.80 points to end at 60.70 and Saudi Enaya Cooperative Insurance (SE: 8311 ) shed 3.53% or 0.74 points to 20.24.

Declining stocks outnumbered rising ones by 99 to 73 and 14 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for November delivery was up 0.52% or 0.37 to $71.14 a barrel. Meanwhile, Brent oil for delivery in November fell 0.04% or 0.03 to hit $79.37 a barrel, while the December Gold Futures contract rose 0.23% or 2.80 to trade at $1211.10 a troy ounce.

EUR/SAR was up 0.76% to 4.4116, while USD/SAR rose 0.02% to 3.7508.

The US Dollar Index Futures was down 0.64% at 93.52.

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