Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.45%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.45%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Monday, as gains in the Financial Services , Insurance and Energy & Utilities sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.45% to hit a new 1-month high.

The biggest gainers of the session on the Tadawul All Share were Amana Cooperative Insurance Co (SE: 8310 ), which rose 9.81% or 2.65 points to trade at 29.65 at the close. Jazan Development Co. (SE: 6090 ) added 6.98% or 1.20 points to end at 18.40 and Saudi Indian Company Insurance (SE: 8110 ) was up 4.70% or 1.14 points to 25.40 in late trade.

Biggest losers included Arabian Shield Coop Insurance Co (SE: 8070 ), which lost 4.04% or 1.70 points to trade at 40.40 in late trade. Saudi Research and Marketing Group (SE: 4210 ) declined 2.67% or 2.00 points to end at 73.00 and Almarai Company (SE: 2280 ) shed 1.68% or 1.40 points to 81.80.

Advancing stocks outnumbered falling ones by 96 to 66 and 14 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for October delivery was down 0.15% or 0.07 to $47.41 a barrel. Meanwhile, Brent oil for delivery in November fell 0.76% or 0.41 to hit $53.37 a barrel, while the December Gold Futures contract fell 0.99% or 13.32 to trade at $1337.88 a troy ounce.

EUR/SAR was down 0.44% to 4.4916, while USD/SAR rose 0.01% to 3.7504.

The US Dollar Index Futures was up 0.47% at 91.74.

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