Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.08%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.08%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Tuesday, as gains in the Energy & Utilities , Real Estate Development and Cement sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 1.08% to hit a new 52-week high.

The biggest gainers of the session on the Tadawul All Share were Saudi Industrial Export Co (SE: 4140 ), which rose 5.95% or 15.49 points to trade at 276.00 at the close. Electrical Industries Co (SE: 1303 ) added 3.45% or 0.78 points to end at 23.42 and Saudi Company for Hardware (SE: 4008 ) was up 3.34% or 4.30 points to 133.00 in late trade.

Biggest losers included Saudi Public Transport Co. (SE: 4040 ), which lost 3.18% or 0.54 points to trade at 16.44 in late trade. Anaam International Holding Group (SE: 4061 ) declined 2.92% or 0.37 points to end at 12.30 and Dur Hospitality (SE: 4010 ) shed 2.35% or 0.51 points to 21.18.

Advancing stocks outnumbered falling ones by 95 to 84 and 5 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for May delivery was up 0.90% or 0.59 to $66.14 a barrel. Meanwhile, Brent oil for delivery in June rose 0.86% or 0.60 to hit $70.12 a barrel, while the April Gold Futures contract fell 0.99% or 13.40 to trade at $1341.60 a troy ounce.

EUR/SAR was down 0.50% to 4.6434, while USD/SAR rose 0.04% to 3.7506.

The US Dollar Index Futures was up 0.55% at 89.13.

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