Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.27%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.27%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Tuesday, as gains in the Media & Publishing , Financial Services and Retail sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 1.27% to hit a new 52-week high.

The biggest gainers of the session on the Tadawul All Share were Tihama Advertising&Public Relations (SE: 4070 ), which rose 10.00% or 3.10 points to trade at 34.10 at the close. Saudi Automotive Services Co. (SE: 4050 ) added 9.42% or 1.45 points to end at 16.85 and Alawwal Bank (SE: 1040 ) was up 8.11% or 1.05 points to 14.00 in late trade.

Biggest losers included Saudi United Cooperative Insurance (SE: 8060 ), which lost 1.96% or 0.45 points to trade at 22.55 in late trade. Dur Hospitality (SE: 4010 ) declined 1.04% or 0.25 points to end at 23.90 and United Cooperative Assurance Co (SE: 8190 ) shed 0.76% or 0.10 points to 13.00.

Advancing stocks outnumbered falling ones by 147 to 10 and 13 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for February delivery was up 0.34% or 0.18 to $53.20 a barrel. Meanwhile, Brent oil for delivery in March rose 0.09% or 0.05 to hit $55.95 a barrel, while the February Gold contract rose 0.80% or 9.05 to trade at $1142.65 a troy ounce.

EUR/SAR was down 0.06% to 3.9175, while USD/SAR fell 0.02% to 3.7506.

The US Dollar Index was up 0.14% at 103.09.

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