Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.79%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.79%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Thursday, as gains in the Financial Services , Agriculture & Food and Retail sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.79% to hit a new 3-year high.

The biggest gainers of the session on the Tadawul All Share were Al-Ahsa Development Co. (SE: 2140 ), which rose 2.85% or 0.30 points to trade at 10.82 at the close. Dur Hospitality (SE: 4010 ) added 2.39% or 0.48 points to end at 20.58 and Riyad Bank (SE: 1010 ) was up 2.23% or 0.52 points to 23.86 in late trade.

Biggest losers included Abdullah A. M. Al-Khodari Sons Co (SE: 1330 ), which lost 2.93% or 0.19 points to trade at 6.30 in late trade. Saudi Arabian Amiantit Co. (SE: 2160 ) declined 2.41% or 0.16 points to end at 6.47 and Amana Cooperative Insurance Co (SE: 8310 ) shed 2.25% or 0.34 points to 14.80.

Declining stocks outnumbered rising ones by 92 to 78 and 16 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for May delivery was down 0.12% or 0.07 to $60.16 a barrel. Meanwhile, Brent oil for delivery in May fell 0.16% or 0.11 to hit $68.39 a barrel, while the April Gold Futures contract rose 1.08% or 14.00 to trade at $1315.70 a troy ounce.

EUR/SAR was down 0.21% to 4.2702, while USD/SAR rose 0.00% to 3.7502.

The US Dollar Index Futures was up 0.49% at 95.670.

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