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.

Investing.com – Saudi Arabia equities were higher at the close on Monday, as gains in the Media & Publishing , Petrochemicals and Energy & Utilities sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.59% to hit a new 6-month high.

The biggest gainers of the session on the Tadawul All Share were Saudi Research and Marketing Group (SE: 4210 ), which rose 10.00% or 5.98 points to trade at 65.80 at the close. Rabigh Refining & Petrochemical Co (SE: 2380 ) added 9.12% or 1.74 points to end at 20.82 and Saudi Printing & Packaging Company (SE: 4270 ) was up 6.65% or 1.33 points to 21.32 in late trade.

Biggest losers included Dar Alarkan Real Estate Development (SE: 4300 ), which lost 3.35% or 0.38 points to trade at 10.98 in late trade. BANK ALBILAD (SE: 1140 ) declined 2.39% or 0.54 points to end at 22.06 and The Company for Coop. Insurance (SE: 8010 ) shed 2.36% or 2.20 points to 91.20.

Advancing stocks outnumbered falling ones by 103 to 75 and 7 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for February delivery was down 0.08% or 0.05 to $64.25 a barrel. Meanwhile, Brent oil for delivery in March fell 0.26% or 0.18 to hit $69.69 a barrel, while the February Gold Futures contract rose 0.60% or 8.00 to trade at $1342.90 a troy ounce.

EUR/SAR was up 0.74% to 4.6041, while USD/SAR rose 0.02% to 3.7510.

The US Dollar Index Futures was down 0.50% at 90.17.

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