Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.72%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.72%
Credit: © Reuters.

Investing.com – Saudi Arabia equities were higher at the close on Monday, as gains in the Telecoms & IT , Energy & Utilities and Agriculture & Food sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 1.72%.

The biggest gainers of the session on the Tadawul All Share were Saudi Industrial Export Co (SE: 4140 ), which rose 9.97% or 6.30 points to trade at 69.50 at the close. Al Baha Investment and Development Company SJSC (SE: 4130 ) added 9.95% or 1.72 points to end at 19.00 and National Agriculture Marketing Co. (SE: 4160 ) was up 8.32% or 1.62 points to 21.10 in late trade.

Biggest losers included Saudi Research and Marketing Group (SE: 4210 ), which lost 2.71% or 2.60 points to trade at 93.40 in late trade. Allianz Saudi Fransi Cooperative Insurance Company (SE: 8040 ) declined 2.48% or 0.62 points to end at 24.38 and Middle East Specialized Cables Co (SE: 2370 ) shed 2.07% or 0.22 points to 10.40.

Advancing stocks outnumbered falling ones by 139 to 40 and 12 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for July delivery was down 0.15% or 0.08 to $53.91 a barrel. Meanwhile, Brent oil for delivery in August fell 0.49% or 0.31 to hit $62.98 a barrel, while the August Gold Futures contract fell 0.94% or 12.65 to trade at $1333.45 a troy ounce.

EUR/SAR was down 0.27% to 4.2374, while USD/SAR rose 0.02% to 3.7506.

The US Dollar Index Futures was up 0.37% at 96.843.

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