Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.04%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.04%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Thursday, as gains in the Financial Services , Energy & Utilities and Transport sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 1.04% to hit a new 3-month high.

The biggest gainers of the session on the Tadawul All Share were Alujain Corporation (SE: 2170 ), which rose 7.27% or 1.05 points to trade at 15.50 at the close. Amana Cooperative Insurance Co (SE: 8310 ) added 6.67% or 0.60 points to end at 9.60 and United Wire Factories Company (SE: 1301 ) was up 4.95% or 1.00 points to 21.20 in late trade.

Biggest losers included Al Sagr Co-operative Insurance Co (SE: 8180 ), which lost 9.66% or 2.80 points to trade at 26.20 in late trade. Jazan Development Co. (SE: 6090 ) declined 4.95% or 0.70 points to end at 13.45 and Arabia Insurance Cooperative Co (SE: 8160 ) shed 3.82% or 0.30 points to 7.55.

Advancing stocks outnumbered falling ones by 78 to 71 and 18 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for May delivery was up 0.22% or 0.09 to $41.85 a barrel. Meanwhile, Brent oil for delivery in June rose 0.25% or 0.11 to hit $44.29 a barrel, while the June Gold contract fell 0.99% or 12.40 to trade at $1235.90 a troy ounce.

EUR/SAR was down 0.00% to 4.2285, while USD/SAR rose 0.01% to 3.7500.

The US Dollar Index was up 0.03% at 94.84.

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