Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.57%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.57%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Tuesday, as gains in the Energy & Utilities , Petrochemicals and Telecoms & IT sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.57% to hit a new 52-week high.

The biggest gainers of the session on the Tadawul All Share were Saudi Paper Manufacturing Co. (SE: 2300 ), which rose 9.90% or 0.86 points to trade at 9.55 at the close. Al Alamiya Cooperative Insurance (SE: 8280 ) added 8.54% or 2.47 points to end at 31.40 and Anb Insurance (SE: 8011 ) was up 4.38% or 0.53 points to 12.64 in late trade.

Biggest losers included Arriyadh Development Co. (SE: 4150 ), which lost 3.96% or 0.80 points to trade at 19.38 in late trade. Zamil Industrial Investment Co (SE: 2240 ) declined 3.17% or 0.85 points to end at 26.00 and Saudi Arabia Refineries Co. (SE: 2030 ) shed 1.76% or 0.80 points to 44.60.

Advancing stocks outnumbered falling ones by 112 to 71 and 6 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for May delivery was down 0.56% or 0.37 to $65.85 a barrel. Meanwhile, Brent oil for delivery in June fell 0.48% or 0.34 to hit $71.08 a barrel, while the June Gold Futures contract fell 0.67% or 9.10 to trade at $1341.60 a troy ounce.

EUR/SAR was down 0.19% to 4.6349, while USD/SAR rose 0.03% to 3.7514.

The US Dollar Index Futures was up 0.17% at 89.29.

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