Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.11%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.11%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Wednesday, as gains in the Industrial Investment , Cement and Retail sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 1.11%.

The biggest gainers of the session on the Tadawul All Share were Saudi Industrial Investment Group (SE: 2250 ), which rose 9.84% or 1.90 points to trade at 21.20 at the close. Saudi Arabian Cooperative Insurance (SE: 8100 ) added 6.60% or 1.35 points to end at 21.80 and Saudi Int Petrochemical Co (SE: 2310 ) was up 6.48% or 1.05 points to 17.25 in late trade.

Biggest losers included National Agriculture Development Co (SE: 6010 ), which lost 1.68% or 0.50 points to trade at 29.20 in late trade. Al Hammadi Co (SE: 4007 ) declined 1.41% or 0.60 points to end at 41.90 and Al-Jouf Agriculture Development Co (SE: 6070 ) shed 1.27% or 0.40 points to 31.20.

Advancing stocks outnumbered falling ones by 133 to 22 and 23 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for May delivery was up 0.21% or 0.10 to $48.47 a barrel. Meanwhile, Brent oil for delivery in June rose 0.33% or 0.17 to hit $51.59 a barrel, while the April Gold Futures contract fell 0.22% or 2.75 to trade at $1252.85 a troy ounce.

EUR/SAR was down 0.54% to 4.0329, while USD/SAR fell 0.00% to 3.7502.

The US Dollar Index Futures was up 0.36% at 99.89.

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