Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.22%

Investing.com – Saudi Arabia equities were higher at the close on Thursday, as gains in the Media & Publishing , Hotels & Tourism and Financial Services sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 1.22%.

The biggest gainers of the session on the Tadawul All Share were Saudi Industrial Export Co (SE: 4140 ), which rose 9.92% or 16.60 points to trade at 184.00 at the close. Saudi Research and Marketing Group (SE: 4210 ) added 7.50% or 5.53 points to end at 79.30 and Tourism Enterprise Co. (SE: 4170 ) was up 6.78% or 2.07 points to 32.60 in late trade.

Biggest losers included Alinma Tokio Marine Co (SE: 8312 ), which lost 3.35% or 0.83 points to trade at 23.98 in late trade. Etihad Etisalat Co (SE: 7020 ) declined 2.28% or 0.34 points to end at 14.54 and Trade Union Cooperative Insurance (SE: 8170 ) shed 1.42% or 0.33 points to 22.84.

Advancing stocks outnumbered falling ones by 140 to 40 and 7 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for March delivery was down 0.18% or 0.11 to $60.49 a barrel. Meanwhile, Brent oil for delivery in April fell 0.65% or 0.42 to hit $63.94 a barrel, while the April Gold Futures contract fell 0.21% or 2.90 to trade at $1355.10 a troy ounce.

EUR/SAR was up 0.34% to 4.6849, while USD/SAR rose 0.01% to 3.7501.

The US Dollar Index Futures was down 0.35% at 88.60.