Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.61%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.61%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Wednesday, as gains in the Energy & Utilities , Petrochemicals and Financial Services sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.61% to hit a new 52-week high.

The biggest gainers of the session on the Tadawul All Share were Rabigh Refining & Petrochemical Co (SE: 2380 ), which rose 7.91% or 2.18 points to trade at 29.75 at the close. Malath Cooperative Insurance Co (SE: 8020 ) added 6.36% or 0.99 points to end at 16.56 and Alujain Corporation (SE: 2170 ) was up 5.91% or 1.46 points to 26.15 in late trade.

Biggest losers included The National Shipping Co. (SE: 4030 ), which lost 3.34% or 1.08 points to trade at 31.25 in late trade. United Int Transportation Company (SE: 4260 ) declined 3.15% or 1.22 points to end at 37.55 and Dallah Healthcare Holding Company (SE: 4004 ) shed 2.81% or 3.09 points to 107.00.

Advancing stocks outnumbered falling ones by 102 to 80 and 6 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for May delivery was up 2.01% or 1.34 to $67.86 a barrel. Meanwhile, Brent oil for delivery in June rose 1.72% or 1.23 to hit $72.81 a barrel, while the June Gold Futures contract rose 0.47% or 6.30 to trade at $1355.80 a troy ounce.

EUR/SAR was up 0.12% to 4.6444, while USD/SAR rose 0.00% to 3.7501.

The US Dollar Index Futures was up 0.02% at 89.24.

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