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. – Saudi Arabia equities were higher at the close on Monday, as gains in the Multi Investment , Retail and Financial Services 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 United Electronics Company (SE: 4003 ), which rose 6.45% or 2.20 points to trade at 36.30 at the close. Al-Ahlia Insurance Company (SE: 8140 ) added 3.07% or 0.40 points to end at 13.45 and Saudi Company for Hardware (SE: 4008 ) was up 3.02% or 2.75 points to 93.75 in late trade.

Biggest losers included Saudi Cement Company (SE: 3030 ), which lost 10.04% or 6.00 points to trade at 53.75 in late trade. Halwani Bros (SE: 6001 ) declined 4.59% or 2.50 points to end at 52.00 and The Company for Coop. Insurance (SE: 8010 ) shed 3.17% or 3.00 points to 91.50.

Advancing stocks outnumbered falling ones by 77 to 69 and 31 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for May delivery was up 1.13% or 0.59 to $52.83 a barrel. Meanwhile, Brent oil for delivery in June rose 1.14% or 0.63 to hit $55.87 a barrel, while the June Gold Futures contract fell 0.47% or 5.95 to trade at $1251.35 a troy ounce.

EUR/SAR was down 0.04% to 3.9701, while USD/SAR rose 0.02% to 3.7501.

The US Dollar Index Futures was down 0.03% at 101.05.

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