Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.85%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.85%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Thursday, as gains in the Real Estate Development , Petrochemicals and Industrial Investment sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.85%.

The biggest gainers of the session on the Tadawul All Share were Saudi Kayan Petrochemical Company (SE: 2350 ), which rose 9.87% or 0.90 points to trade at 10.02 at the close. Saudi Arabian Amiantit Co. (SE: 2160 ) added 9.74% or 0.67 points to end at 7.55 and Dar Alarkan Real Estate Development (SE: 4300 ) was up 8.33% or 0.99 points to 12.88 in late trade.

Biggest losers included Saudi Enaya Cooperative Insurance (SE: 8311 ), which lost 2.67% or 0.56 points to trade at 20.42 in late trade. Yanbu National Petrochemical Co (SE: 2290 ) declined 2.59% or 1.58 points to end at 59.40 and Emaar The Economic City (SE: 4220 ) shed 2.23% or 0.32 points to 14.02.

Advancing stocks outnumbered falling ones by 104 to 79 and 3 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for January delivery was up 0.29% or 0.16 to $56.12 a barrel. Meanwhile, Brent oil for delivery in February rose 0.60% or 0.37 to hit $61.59 a barrel, while the February Gold Futures contract fell 0.66% or 8.40 to trade at $1257.70 a troy ounce.

EUR/SAR was down 0.09% to 4.4193, while USD/SAR fell 0.01% to 3.7499.

The US Dollar Index Futures was up 0.17% at 93.69.

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