Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.00%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.00%
Credit: © Reuters.

Investing.com – Saudi Arabia equities were higher at the close on Thursday, as gains in the Energy & Utilities , Financial Services and Retail sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 1.00%.

The biggest gainers of the session on the Tadawul All Share were Riyad Bank (SE: 1010 ), which rose 6.16% or 0.68 points to trade at 11.72 at the close. United Electronics Company (SE: 4003 ) added 5.72% or 2.66 points to end at 49.20 and Saudi Kayan Petrochemical Company (SE: 2350 ) was up 4.95% or 0.43 points to 9.12 in late trade.

Biggest losers included Malath Cooperative Insurance Co (SE: 8020 ), which lost 6.85% or 1.14 points to trade at 15.50 in late trade. Anb Insurance (SE: 8011 ) declined 2.51% or 0.45 points to end at 17.50 and Salama Cooperative Insurance Co (SE: 8050 ) shed 2.44% or 0.65 points to 26.00.

Advancing stocks outnumbered falling ones by 99 to 69 and 9 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for November delivery was down 1.58% or 0.82 to $51.22 a barrel. Meanwhile, Brent oil for delivery in December fell 1.46% or 0.85 to hit $57.30 a barrel, while the December Gold Futures contract rose 0.36% or 4.65 to trade at $1287.65 a troy ounce.

EUR/SAR was up 0.34% to 4.4364, while USD/SAR rose 0.01% to 3.7506.

The US Dollar Index Futures was down 0.21% at 93.10.

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