Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.78%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.78%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Sunday, as gains in the Financial Services , Cement and Insurance sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.78%.

The biggest gainers of the session on the Tadawul All Share were Red Sea Housing Services Company (SE: 4230 ), which rose 8.05% or 1.20 points to trade at 16.10 at the close. Saudi Advanced Industries Co. (SE: 2120 ) added 4.76% or 0.60 points to end at 13.20 and Ash-Sharqiyah Development Company (SE: 6060 ) was up 3.69% or 1.90 points to 53.40 in late trade.

Biggest losers included Saudi Enaya Cooperative Insurance (SE: 8311 ), which lost 4.81% or 1.06 points to trade at 20.98 in late trade. Saudi Chemical Company (SE: 2230 ) declined 1.28% or 0.40 points to end at 30.90 and Eastern Province Cement Co. (SE: 3080 ) shed 1.05% or 0.22 points to 20.78.

Advancing stocks outnumbered falling ones by 152 to 27 and 12 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for February delivery was up 1.14% or 0.51 to $45.12 a barrel. Meanwhile, Brent oil for delivery in March rose 0.57% or 0.30 to hit $53.03 a barrel, while the February Gold Futures contract rose 0.17% or 2.20 to trade at $1283.30 a troy ounce.

EUR/SAR was up 0.05% to 4.2921, while USD/SAR rose 0.01% to 3.7516.

The US Dollar Index Futures was down 0.08% at 95.920.

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