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 Tuesday, as gains in the Cement , Transport and Building & Construction 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 Amana Cooperative Insurance Co (SE: 8310 ), which rose 11.80% or 1.05 points to trade at 9.95 at the close. Najran Cement Company (SE: 3002 ) added 9.96% or 1.30 points to end at 14.35 and Saudi Enaya Cooperative Insurance (SE: 8311 ) was up 9.61% or 1.10 points to 12.55 in late trade.

Biggest losers included Jazan Development Co. (SE: 6090 ), which lost 4.09% or 0.65 points to trade at 15.25 in late trade. Aseer Trading Tourism&Manufacturing (SE: 4080 ) declined 3.51% or 0.80 points to end at 22.00 and Saudi Basic Industries Corp (SE: 2010 ) shed 1.94% or 1.50 points to 75.75.

Advancing stocks outnumbered falling ones by 147 to 14 and 7 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for May delivery was up 0.47% or 0.19 to $40.55 a barrel. Meanwhile, Brent oil for delivery in June rose 1.00% or 0.43 to hit $43.26 a barrel, while the June Gold contract rose 0.29% or 3.70 to trade at $1261.70 a troy ounce.

EUR/SAR was down 0.13% to 4.2726, while USD/SAR rose 0.02% to 3.7510.

The US Dollar Index was up 0.10% at 94.06.

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