Saudi Arabia shares higher at close of trade; Tadawul All Share up 2.02%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 2.02%
Credit: © Reuters.

Investing.com – Saudi Arabia equities were higher at the close on Tuesday, as gains in the Real Estate Development , Energy & Utilities and Media & Publishing sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 2.02%.

The biggest gainers of the session on the Tadawul All Share were Takween Advanced Industries (SE: 1201 ), which rose 9.95% or 1.10 points to trade at 12.15 at the close. Saudi United Cooperative Insurance (SE: 8060 ) added 9.85% or 1.30 points to end at 14.50 and United Wire Factories Company (SE: 1301 ) was up 9.78% or 1.80 points to 20.20 in late trade.

Biggest losers included Fawaz Abdulaziz AlHokair Company (SE: 4240 ), which lost 5.38% or 1.50 points to trade at 26.40 in late trade. Abdullah Al Othaim Markets Company (SE: 4001 ) declined 2.74% or 2.00 points to end at 71.00 and Herfy Food Services Co (SE: 6002 ) shed 2.69% or 1.75 points to 63.25.

Advancing stocks outnumbered falling ones by 145 to 15 and 9 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for November delivery was down 0.14% or 0.07 to $48.74 a barrel. Meanwhile, Brent oil for delivery in December rose 0.04% or 0.02 to hit $50.91 a barrel, while the December Gold contract fell 1.45% or 19.05 to trade at $1293.65 a troy ounce.

EUR/SAR was up 0.05% to 4.2078, while USD/SAR rose 0.02% to 3.7518.

The US Dollar Index was up 0.54% at 96.17.

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