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 Wednesday, as gains in the Energy & Utilities , Financial Services and Building & Construction sectors propelled shares higher.

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

The biggest gainers of the session on the Tadawul All Share were The Qassim Cement Co (SE: 3040 ), which rose 6.53% or 2.50 points to trade at 40.80 at the close. Yanbu Cement Co. (SE: 3060 ) added 4.35% or 1.20 points to end at 28.80 and City Cement Co (SE: 3003 ) was up 4.00% or 0.44 points to 11.44 in late trade.

Biggest losers included Allied Cooperative Insurance Group SJSC (SE: 8150 ), which lost 3.85% or 0.80 points to trade at 20.00 in late trade. National Industrialization Co (SE: 2060 ) declined 3.22% or 0.62 points to end at 18.64 and ACE ARABIA COOPERATIVE INSURANCE (SE: 8240 ) shed 2.86% or 0.80 points to 27.20.

Declining stocks outnumbered rising ones by 110 to 63 and 14 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for June delivery was down 0.20% or 0.13 to $66.17 a barrel. Meanwhile, Brent oil for delivery in June fell 0.05% or 0.04 to hit $74.47 a barrel, while the June Gold Futures contract rose 0.13% or 1.65 to trade at $1274.85 a troy ounce.

EUR/SAR was down 0.30% to 4.1970, while USD/SAR rose 0.00% to 3.7502.

The US Dollar Index Futures was up 0.17% at 97.488.

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