Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.87%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.87%
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 0.87% to hit a new 3-year high.

The biggest gainers of the session on the Tadawul All Share were Al-Jouf Agriculture Development Co (SE: 6070 ), which rose 5.22% or 1.20 points to trade at 24.20 at the close. Al Rajhi Bank (SE: 1120 ) added 3.12% or 2.24 points to end at 74.00 and AXA Cooperative Insurance Company (SE: 8250 ) was up 3.00% or 0.70 points to 24.00 in late trade.

Biggest losers included Abdullah A. M. Al-Khodari Sons Co (SE: 1330 ), which lost 3.29% or 0.20 points to trade at 5.87 in late trade. The Mediterranean&Gulf Insurance Co (SE: 8030 ) declined 3.09% or 0.48 points to end at 15.04 and United Int Transportation Company (SE: 4260 ) shed 2.73% or 0.90 points to 32.10.

Advancing stocks outnumbered falling ones by 86 to 85 and 17 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for May delivery was up 0.06% or 0.04 to $62.50 a barrel. Meanwhile, Brent oil for delivery in June rose 0.27% or 0.19 to hit $69.50 a barrel, while the June Gold Futures contract fell 0.65% or 8.45 to trade at $1286.85 a troy ounce.

EUR/SAR was down 0.16% to 4.2062, while USD/SAR rose 0.00% to 3.7504.

The US Dollar Index Futures was up 0.22% at 96.877.

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