Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.59%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.59%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Tuesday, as gains in the Media & Publishing , Petrochemicals and Industrial Investment sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.59%.

The biggest gainers of the session on the Tadawul All Share were Ash-Sharqiyah Development Company (SE: 6060 ), which rose 9.96% or 4.60 points to trade at 50.80 at the close. Saudi Cable Company (SE: 2110 ) added 9.94% or 3.35 points to end at 37.05 and Saudi Industrial Export Co (SE: 4140 ) was up 9.94% or 7.80 points to 86.30 in late trade.

Biggest losers included Al Baha Investment and Development Company SJSC (SE: 4130 ), which lost 3.52% or 0.76 points to trade at 20.84 in late trade. Bawan (SE: 1302 ) declined 2.24% or 0.30 points to end at 13.10 and Southern Province Cement Co. (SE: 3050 ) shed 1.06% or 0.40 points to 37.30.

Advancing stocks outnumbered falling ones by 136 to 43 and 7 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for January delivery was down 0.56% or 0.29 to $51.34 a barrel. Meanwhile, Brent oil for delivery in February fell 0.43% or 0.26 to hit $60.30 a barrel, while the February Gold Futures contract rose 0.11% or 1.40 to trade at $1230.10 a troy ounce.

EUR/SAR was up 0.01% to 4.2500, while USD/SAR fell 0.00% to 3.7521.

The US Dollar Index Futures was up 0.05% at 97.028.

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