Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.09%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.09%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Monday, as gains in the Real Estate Development , Financial Services and Telecoms & IT sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.09%.

The biggest gainers of the session on the Tadawul All Share were Red Sea Housing Services Company (SE: 4230 ), which rose 5.07% or 1.00 points to trade at 20.72 at the close. Saudi Arabia Fertilizers Co. (SE: 2020 ) added 3.57% or 2.06 points to end at 59.80 and National Com Bnk (SE: 1180 ) was up 2.94% or 1.45 points to 50.80 in late trade.

Biggest losers included Al Hokair Group (SE: 1820 ), which lost 9.99% or 2.60 points to trade at 23.42 in late trade. Al-Tayyar Travel Group Holding Co. (SE: 1810 ) declined 9.98% or 3.31 points to end at 29.85 and Arabia Insurance Cooperative Co (SE: 8160 ) shed 6.40% or 1.14 points to 16.68.

Declining stocks outnumbered rising ones by 135 to 41 and 1 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for December delivery was up 0.74% or 0.41 to $56.05 a barrel. Meanwhile, Brent oil for delivery in January rose 0.84% or 0.52 to hit $62.59 a barrel, while the December Gold Futures contract rose 0.19% or 2.37 to trade at $1271.57 a troy ounce.

EUR/SAR was down 0.13% to 4.3474, while USD/SAR rose 0.02% to 3.7505.

The US Dollar Index Futures was up 0.06% at 94.89.

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