Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.01%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.01%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Sunday, as gains in the Retail , Media & Publishing and Hotels & Tourism sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 1.01%.

The biggest gainers of the session on the Tadawul All Share were ACE ARABIA COOPERATIVE INSURANCE (SE: 8240 ), which rose 10.44% or 4.30 points to trade at 45.50 at the close. Saudi Marke (SE: 4006 ) added 9.71% or 2.70 points to end at 30.50 and Saudi Company for Hardware (SE: 4008 ) was up 8.90% or 8.50 points to 104.00 in late trade.

Biggest losers included Saudi Paper Manufacturing Co. (SE: 2300 ), which lost 10.27% or 0.95 points to trade at 8.30 in late trade. Al Sorayai Trading&Industrial Group (SE: 1213 ) declined 8.08% or 0.80 points to end at 9.10 and Mobile Telecommunications Company (SE: 7030 ) shed 5.56% or 0.60 points to 10.20.

Advancing stocks outnumbered falling ones by 139 to 23 and 13 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for June delivery was down 2.17% or 1.10 to $49.61 a barrel. Meanwhile, Brent oil for delivery in July unchanged 0.00% or 0.00 to hit $52.44 a barrel, while the June Gold Futures contract rose 0.13% or 1.70 to trade at $1285.50 a troy ounce.

EUR/SAR was up 0.06% to 4.0221, while USD/SAR fell 0.02% to 3.7500.

The US Dollar Index Futures was down 0.05% at 99.66.

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