Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.38%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.38%
Credit: © Reuters.

Investing.com – Saudi Arabia equities were higher at the close on Monday, as gains in the Media & Publishing , Telecoms & IT and Energy & Utilities sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 1.38%.

The biggest gainers of the session on the Tadawul All Share were Saudi Printing & Packaging Company (SE: 4270 ), which rose 10.67% or 2.00 points to trade at 20.75 at the close. The Mediterranean&Gulf Insurance Co (SE: 8030 ) added 10.05% or 1.95 points to end at 21.35 and Tihama Advertising&Public Relations (SE: 4070 ) was up 10.03% or 3.30 points to 36.20 in late trade.

Biggest losers included Saudi Indian Company Insurance (SE: 8110 ), which lost 9.71% or 1.35 points to trade at 12.55 in late trade. Yanbu Cement Co. (SE: 3060 ) declined 7.35% or 3.60 points to end at 45.40 and Al-Ahlia Insurance Company (SE: 8140 ) shed 5.88% or 0.35 points to 5.60.

Advancing stocks outnumbered falling ones by 148 to 12 and 8 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for May delivery was down 0.19% or 0.07 to $36.72 a barrel. Meanwhile, Brent oil for delivery in June fell 0.83% or 0.32 to hit $38.35 a barrel, while the June Gold contract fell 0.13% or 1.60 to trade at $1221.90 a troy ounce.

EUR/SAR was up 0.09% to 4.2770, while USD/SAR rose 0.01% to 3.7501.

The US Dollar Index was down 0.13% at 94.46.

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