Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.56%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.56%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Monday, as gains in the Energy & Utilities , Hotels & Tourism and Agriculture & Food sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.56%.

The biggest gainers of the session on the Tadawul All Share were Salama Cooperative Insurance Co (SE: 8050 ), which rose 9.84% or 2.37 points to trade at 26.45 at the close. Saudi United Cooperative Insurance (SE: 8060 ) added 6.65% or 1.84 points to end at 29.50 and Trade Union Cooperative Insurance (SE: 8170 ) was up 6.24% or 1.34 points to 22.82 in late trade.

Biggest losers included Emaar The Economic City (SE: 4220 ), which lost 3.07% or 0.41 points to trade at 12.94 in late trade. Samba Financial Group (SE: 1090 ) declined 2.24% or 0.51 points to end at 22.28 and City Cement Co (SE: 3003 ) shed 1.86% or 0.18 points to 9.52.

Advancing stocks outnumbered falling ones by 119 to 48 and 9 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for November delivery was up 0.62% or 0.32 to $51.77 a barrel. Meanwhile, Brent oil for delivery in December rose 1.00% or 0.57 to hit $57.74 a barrel, while the December Gold Futures contract rose 0.13% or 1.70 to trade at $1306.30 a troy ounce.

EUR/SAR was down 0.07% to 4.4305, while USD/SAR rose 0.01% to 3.7506.

The US Dollar Index Futures was up 0.06% at 92.98.

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