Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.46%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.46%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Sunday, as gains in the Energy & Utilities , Building & Construction and Insurance sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 1.46%.

The biggest gainers of the session on the Tadawul All Share were Arabian Shield Coop Insurance Co (SE: 8070 ), which rose 9.86% or 3.50 points to trade at 39.00 at the close. Tihama Advertising&Public Relations (SE: 4070 ) added 9.73% or 2.50 points to end at 28.20 and Saudi Arabian Cooperative Insurance (SE: 8100 ) was up 9.20% or 1.60 points to 19.00 in late trade.

Biggest losers included Saudia Dairy and Foodstuff .Co (SE: 2270 ), which lost 1.78% or 2.25 points to trade at 124.25 in late trade. Herfy Food Services Co (SE: 6002 ) declined 0.93% or 0.75 points to end at 79.75 and Alawwal Bank (SE: 1040 ) shed 0.38% or 0.05 points to 12.95.

Advancing stocks outnumbered falling ones by 157 to 5 and 8 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for February delivery was up 0.53% or 0.28 to $53.23 a barrel. Meanwhile, Brent oil for delivery in March unchanged 0.00% or 0.00 to hit $55.90 a barrel, while the February Gold contract rose 0.34% or 3.80 to trade at $1134.50 a troy ounce.

EUR/SAR was up 0.17% to 3.9224, while USD/SAR rose 0.04% to 3.7527.

The US Dollar Index was down 0.12% at 102.95.

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