Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.66%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.66%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Monday, as gains in the Energy & Utilities , Agriculture & Food and Financial Services sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 1.66%.

The biggest gainers of the session on the Tadawul All Share were Saudi Industrial Investment Group (SE: 2250 ), which rose 9.02% or 1.65 points to trade at 19.95 at the close. Southern Province Cement Co. (SE: 3050 ) added 8.03% or 5.50 points to end at 74.00 and The Saudi British Bank (SE: 1060 ) was up 6.51% or 1.40 points to 22.90 in late trade.

Biggest losers included National Medical Care Company (SE: 4005 ), which lost 2.67% or 1.50 points to trade at 54.75 in late trade. Abdullah A. M. Al-Khodari Sons Co (SE: 1330 ) declined 1.45% or 0.20 points to end at 13.55 and Al Sorayai Trading&Industrial Group (SE: 1213 ) shed 1.40% or 0.20 points to 14.10.

Advancing stocks outnumbered falling ones by 139 to 23 and 8 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for March delivery was down 1.39% or 0.74 to $52.48 a barrel. Meanwhile, Brent oil for delivery in March fell 1.12% or 0.62 to hit $54.87 a barrel, while the February Gold contract rose 0.62% or 7.45 to trade at $1212.35 a troy ounce.

EUR/SAR was up 0.14% to 4.0194, while USD/SAR fell 0.09% to 3.7504.

The US Dollar Index was down 0.27% at 100.50.

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