Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.87%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.87%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Monday, as gains in the Financial Services , Petrochemicals and Hotels & Tourism sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 1.87%.

The biggest gainers of the session on the Tadawul All Share were Saudi Kayan Petrochemical Company (SE: 2350 ), which rose 8.10% or 1.22 points to trade at 16.28 at the close. National Com Bnk (SE: 1180 ) added 7.15% or 2.75 points to end at 41.20 and Samba Financial Group (SE: 1090 ) was up 5.79% or 1.60 points to 29.25 in late trade.

Biggest losers included The Mediterranean&Gulf Insurance Co (SE: 8030 ), which lost 4.80% or 0.66 points to trade at 13.08 in late trade. Eastern Province Cement Co. (SE: 3080 ) declined 3.90% or 0.82 points to end at 20.22 and Mobile Telecommunications Company (SE: 7030 ) shed 3.26% or 0.21 points to 6.24.

Advancing stocks outnumbered falling ones by 120 to 56 and 6 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for November delivery was up 0.52% or 0.36 to $69.13 a barrel. Meanwhile, Brent oil for delivery in November rose 0.60% or 0.47 to hit $78.56 a barrel, while the December Gold Futures contract rose 0.32% or 3.80 to trade at $1204.90 a troy ounce.

EUR/SAR was up 0.53% to 4.3822, while USD/SAR fell 0.03% to 3.7496.

The US Dollar Index Futures was down 0.43% at 94.10.

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