Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.75%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.75%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Monday, as gains in the Hotels & Tourism , Financial Services and Insurance sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.75% to hit a new 3-year high.

The biggest gainers of the session on the Tadawul All Share were National Agriculture Marketing Co. (SE: 4160 ), which rose 10.00% or 2.18 points to trade at 23.98 at the close. ACE ARABIA COOPERATIVE INSURANCE (SE: 8240 ) added 4.95% or 0.98 points to end at 20.78 and The Saudi British Bank (SE: 1060 ) was up 3.31% or 1.25 points to 39.05 in late trade.

Biggest losers included Saudi Paper Manufacturing Co. (SE: 2300 ), which lost 4.12% or 0.48 points to trade at 11.16 in late trade. Saudi Marke (SE: 4006 ) declined 3.33% or 0.60 points to end at 17.42 and Saudi Transport & Investment Co (SE: 4110 ) shed 2.63% or 1.00 points to 37.00.

Advancing stocks outnumbered falling ones by 94 to 72 and 19 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for May delivery was up 1.06% or 0.64 to $60.78 a barrel. Meanwhile, Brent oil for delivery in June rose 1.39% or 0.94 to hit $68.52 a barrel, while the June Gold Futures contract rose 0.22% or 2.85 to trade at $1301.35 a troy ounce.

EUR/SAR was up 0.13% to 4.2127, while USD/SAR rose 0.01% to 3.7504.

The US Dollar Index Futures was down 0.23% at 96.623.

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