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 Media & Publishing , Insurance and Multi Investment sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.11% to hit a new 52-week high.

The biggest gainers of the session on the Tadawul All Share were Jazan Development Co. (SE: 6090 ), which rose 7.71% or 1.29 points to trade at 18.02 at the close. Al-Rajhi Cooperative Insurance (SE: 8230 ) added 3.34% or 2.07 points to end at 64.00 and Arabian Shield Coop Insurance Co (SE: 8070 ) was up 3.27% or 1.33 points to 42.00 in late trade.

Biggest losers included Southern Province Cement Co. (SE: 3050 ), which lost 2.39% or 1.19 points to trade at 48.70 in late trade. Herfy Food Services Co (SE: 6002 ) declined 1.62% or 0.77 points to end at 46.90 and Kingdom Holding Company (SE: 4280 ) shed 1.61% or 0.15 points to 9.16.

Advancing stocks outnumbered falling ones by 101 to 78 and 4 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for February delivery was down 0.14% or 0.09 to $63.64 a barrel. Meanwhile, Brent oil for delivery in March fell 0.33% or 0.23 to hit $68.92 a barrel, while the February Gold Futures contract fell 0.10% or 1.40 to trade at $1335.70 a troy ounce.

EUR/SAR was down 0.39% to 4.5784, while USD/SAR rose 0.01% to 3.7506.

The US Dollar Index Futures was up 0.33% at 90.53.

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