Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.50%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.50%
Credit: © Reuters.

Investing.com – Saudi Arabia equities were higher at the close on Monday, as gains in the Building & Construction , Retail and Telecoms & IT sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 1.50% to hit a new 1-month high.

The biggest gainers of the session on the Tadawul All Share were Saudi Ceramic Co. (SE: 2040 ), which rose 9.77% or 2.35 points to trade at 26.40 at the close. United Wire Factories Company (SE: 1301 ) added 9.50% or 1.90 points to end at 21.90 and Zamil Industrial Investment Co (SE: 2240 ) was up 6.96% or 1.50 points to 23.05 in late trade.

Biggest losers included Saudi Cable Company (SE: 2110 ), which lost 1.94% or 0.10 points to trade at 5.05 in late trade. Qassim Agriculture Co. (SE: 6020 ) declined 1.25% or 0.10 points to end at 7.90 and Saudi Arabian Mining Company (SE: 1211 ) shed 1.02% or 0.40 points to 38.80.

Advancing stocks outnumbered falling ones by 149 to 9 and 11 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for December delivery was up 1.07% or 0.47 to $44.54 a barrel. Meanwhile, Brent oil for delivery in January rose 0.81% or 0.37 to hit $45.95 a barrel, while the December Gold contract fell 1.21% or 15.75 to trade at $1288.75 a troy ounce.

EUR/SAR was down 0.72% to 4.1494, while USD/SAR fell 0.05% to 3.7502.

The US Dollar Index was up 0.72% at 97.64.

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