Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.41%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.41%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Sunday, as gains in the Agriculture & Food , Insurance and Petrochemicals sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 1.41%.

The biggest gainers of the session on the Tadawul All Share were Saudi Indian Company Insurance (SE: 8110 ), which rose 12.50% or 1.85 points to trade at 16.65 at the close. Jazan Development Co. (SE: 6090 ) added 8.49% or 1.15 points to end at 14.70 and Alinma Tokio Marine Co (SE: 8312 ) was up 7.31% or 1.40 points to 20.55 in late trade.

Biggest losers included Aseer Trading Tourism&Manufacturing (SE: 4080 ), which lost 1.55% or 0.35 points to trade at 22.30 in late trade. National Agriculture Development Co (SE: 6010 ) declined 1.20% or 0.30 points to end at 20.60 and Saudi Pharmaceutical Appliances (SE: 2070 ) shed 0.91% or 0.30 points to 32.50.

Advancing stocks outnumbered falling ones by 141 to 11 and 16 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for May delivery was up 6.39% or 2.38 to $39.64 a barrel. Meanwhile, Brent oil for delivery in June rose 6.14% or 2.42 to hit $41.85 a barrel, while the June Gold contract rose 0.36% or 4.50 to trade at $1242.00 a troy ounce.

EUR/SAR was up 0.16% to 4.2747, while USD/SAR fell 0.04% to 3.7499.

The US Dollar Index was down 0.30% at 94.22.

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