Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.06%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.06%
Credit: © Reuters.

Investing.com – Saudi Arabia equities were higher at the close on Thursday, as gains in the Petrochemicals , Financial Services and Multi Investment sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 1.06%.

The biggest gainers of the session on the Tadawul All Share were Saudi Kayan Petrochemical Company (SE: 2350 ), which rose 7.75% or 0.50 points to trade at 6.95 at the close. Saudi Enaya Cooperative Insurance (SE: 8311 ) added 6.93% or 0.95 points to end at 14.65 and Rabigh Refining & Petrochemical Co (SE: 2380 ) was up 4.27% or 0.50 points to 12.20 in late trade.

Biggest losers included The National Co for Glass Industrie (SE: 2150 ), which lost 2.84% or 0.65 points to trade at 22.20 in late trade. Mouwasat Medical Services Company (SE: 4002 ) declined 1.97% or 2.50 points to end at 124.50 and Gulf General Cooperative Insurance (SE: 8260 ) shed 1.15% or 0.20 points to 17.20.

Advancing stocks outnumbered falling ones by 129 to 17 and 22 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for June delivery was up 4.13% or 1.81 to $45.59 a barrel. Meanwhile, Brent oil for delivery in July rose 3.94% or 1.76 to hit $46.38 a barrel, while the June Gold contract rose 0.93% or 11.85 to trade at $1286.25 a troy ounce.

EUR/SAR was down 0.52% to 4.2856, while USD/SAR fell 0.01% to 3.7498.

The US Dollar Index was up 0.31% at 93.56.

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