Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.44%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.44%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Monday, as gains in the Media & Publishing , Telecoms & IT and Industrial Investment sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.44%.

The biggest gainers of the session on the Tadawul All Share were Saudi Industrial Export Co (SE: 4140 ), which rose 6.32% or 5.50 points to trade at 92.50 at the close. Mobile Telecommunications Company (SE: 7030 ) added 5.53% or 0.43 points to end at 8.20 and Wataniya Insurance Company (SE: 8300 ) was up 5.29% or 1.24 points to 24.70 in late trade.

Biggest losers included Amana Cooperative Insurance Co (SE: 8310 ), which lost 9.94% or 2.53 points to trade at 22.92 in late trade. Saudi Paper Manufacturing Co. (SE: 2300 ) declined 3.91% or 0.54 points to end at 13.28 and Allied Cooperative Insurance Group (SE: 8150 ) shed 2.91% or 0.56 points to 18.70.

Advancing stocks outnumbered falling ones by 116 to 57 and 10 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for February delivery was down 1.78% or 0.81 to $44.78 a barrel. Meanwhile, Brent oil for delivery in March fell 1.00% or 0.54 to hit $53.56 a barrel, while the February Gold Futures contract rose 0.64% or 8.05 to trade at $1266.15 a troy ounce.

EUR/SAR was up 0.36% to 4.2804, while USD/SAR rose 0.01% to 3.7518.

The US Dollar Index Futures was down 0.27% at 96.192.

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