Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.51%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.51%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Thursday, as gains in the Telecoms & IT , Media & Publishing and Hotels & Tourism sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.51%.

The biggest gainers of the session on the Tadawul All Share were Al-Ahlia Insurance Company (SE: 8140 ), which rose 7.65% or 0.88 points to trade at 12.38 at the close. Saudi Advanced Industries Co. (SE: 2120 ) added 4.10% or 0.52 points to end at 13.20 and Alkhaleej Training & Education Co (SE: 4290 ) was up 2.90% or 0.38 points to 13.50 in late trade.

Biggest losers included Amana Cooperative Insurance Co (SE: 8310 ), which lost 2.80% or 0.68 points to trade at 23.58 in late trade. Saudi Chemical Company (SE: 2230 ) declined 2.10% or 0.65 points to end at 30.35 and The Qassim Cement Co (SE: 3040 ) shed 1.85% or 0.60 points to 31.80.

Advancing stocks outnumbered falling ones by 103 to 59 and 25 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for February delivery was up 0.97% or 0.45 to $46.99 a barrel. Meanwhile, Brent oil for delivery in March rose 1.55% or 0.85 to hit $55.76 a barrel, while the February Gold Futures contract rose 0.40% or 5.15 to trade at $1289.25 a troy ounce.

EUR/SAR was up 0.05% to 4.2565, while USD/SAR fell 0.00% to 3.7508.

The US Dollar Index Futures was down 0.17% at 96.263.

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