Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.28%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.28%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Sunday, as gains in the Insurance , Hotels & Tourism and Real Estate Development sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 1.28%.

The biggest gainers of the session on the Tadawul All Share were Anb Insurance (SE: 8011 ), which rose 9.40% or 1.65 points to trade at 19.20 at the close. Saudi Marke (SE: 4006 ) added 7.42% or 2.10 points to end at 30.40 and Wataniya Insurance Company (SE: 8300 ) was up 6.87% or 1.45 points to 22.55 in late trade.

Biggest losers included Abdullah Al Othaim Markets Company (SE: 4001 ), which lost 2.88% or 2.50 points to trade at 84.25 in late trade. Etihad Atheeb Telecommunication (SE: 7040 ) declined 1.39% or 0.050 points to end at 3.550 and Basic Chemical Industries Co (SE: 1210 ) shed 1.23% or 0.40 points to 32.00.

Advancing stocks outnumbered falling ones by 153 to 9 and 7 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for October delivery was up 2.46% or 1.06 to $44.22 a barrel. Meanwhile, Brent oil for delivery in November rose 2.60% or 1.18 to hit $46.63 a barrel, while the December Gold contract rose 0.85% or 11.15 to trade at $1328.25 a troy ounce.

EUR/SAR was down 0.36% to 4.1848, while USD/SAR fell 0.01% to 3.7506.

The US Dollar Index was up 0.22% at 95.87.

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