Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.47%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.47%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Monday, as gains in the Media & Publishing , Retail and Hotels & Tourism sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.47%.

The biggest gainers of the session on the Tadawul All Share were Fawaz Abdulaziz AlHokair Company (SE: 4240 ), which rose 5.01% or 2.00 points to trade at 41.90 at the close. Saudi Kayan Petrochemical Company (SE: 2350 ) added 4.51% or 0.30 points to end at 6.95 and Dar Alarkan Real Estate Development (SE: 4300 ) was up 4.20% or 0.25 points to 6.20 in late trade.

Biggest losers included Tabuk Agriculture Development Co (SE: 6040 ), which lost 7.22% or 0.95 points to trade at 12.20 in late trade. Basic Chemical Industries Co (SE: 1210 ) declined 5.34% or 1.80 points to end at 31.90 and United Cooperative Assurance Co (SE: 8190 ) shed 2.76% or 0.40 points to 14.10.

Advancing stocks outnumbered falling ones by 89 to 45 and 35 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for September delivery was up 1.56% or 0.65 to $42.45 a barrel. Meanwhile, Brent oil for delivery in October rose 1.15% or 0.51 to hit $44.78 a barrel, while the December Gold contract fell 0.26% or 3.45 to trade at $1340.95 a troy ounce.

EUR/SAR was up 0.13% to 4.1635, while USD/SAR rose 0.15% to 3.7557.

The US Dollar Index was up 0.14% at 96.32.

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