Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.05%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.05%
Credit: © Reuters.

Investing.com – Saudi Arabia equities were higher at the close on Tuesday, as gains in the Energy & Utilities , Building & Construction and Insurance sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.05%.

The biggest gainers of the session on the Tadawul All Share were National Gypsum Company (SE: 2090 ), which rose 9.96% or 1.35 points to trade at 14.90 at the close. Arabian Shield Coop Insurance Co (SE: 8070 ) added 9.87% or 3.90 points to end at 43.40 and Al-Ahsa Development Co. (SE: 2140 ) was up 7.35% or 0.90 points to 13.15 in late trade.

Biggest losers included Alawwal Bank (SE: 1040 ), which lost 3.31% or 0.45 points to trade at 13.15 in late trade. Samba Financial Group (SE: 1090 ) declined 2.71% or 0.65 points to end at 23.30 and Saudi Real Estate Co. (SE: 4020 ) shed 2.21% or 0.60 points to 26.50.

Advancing stocks outnumbered falling ones by 104 to 47 and 20 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for February delivery was up 2.40% or 1.29 to $55.01 a barrel. Meanwhile, Brent oil for delivery in March rose 2.34% or 1.33 to hit $58.15 a barrel, while the February Gold contract fell 0.04% or 0.45 to trade at $1151.25 a troy ounce.

EUR/SAR was down 0.72% to 3.8947, while USD/SAR fell 0.03% to 3.7510.

The US Dollar Index was up 1.03% at 103.42.

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