Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.11%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.11%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Thursday, as gains in the Energy & Utilities , Petrochemicals and Financial Services sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.11%.

The biggest gainers of the session on the Tadawul All Share were Saudi Steel Pipe Company (SE: 1320 ), which rose 6.55% or 1.32 points to trade at 21.46 at the close. Allied Cooperative Insurance Group (SE: 8150 ) added 4.78% or 0.98 points to end at 21.50 and Al Sorayai Trading&Industrial Group (SE: 1213 ) was up 4.06% or 0.69 points to 17.70 in late trade.

Biggest losers included The Company for Coop. Insurance (SE: 8010 ), which lost 9.92% or 7.94 points to trade at 72.10 in late trade. Al Alamiya Cooperative Insurance (SE: 8280 ) declined 9.82% or 2.94 points to end at 27.00 and Mouwasat Medical Services Company (SE: 4002 ) shed 4.63% or 8.63 points to 177.60.

Declining stocks outnumbered rising ones by 121 to 63 and 5 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for June delivery was down 0.65% or 0.44 to $67.49 a barrel. Meanwhile, Brent oil for delivery in July fell 0.87% or 0.64 to hit $72.72 a barrel, while the June Gold Futures contract rose 0.73% or 9.50 to trade at $1315.10 a troy ounce.

EUR/SAR was up 0.19% to 4.4907, while USD/SAR fell 0.01% to 3.7504.

The US Dollar Index Futures was down 0.24% at 92.37.

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