Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.48%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.48%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Monday, as gains in the Financial Services , Petrochemicals and Real Estate Development sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.48% to hit a new 1-month high.

The biggest gainers of the session on the Tadawul All Share were United Cooperative Assurance Co (SE: 8190 ), which rose 9.09% or 1.02 points to trade at 12.24 at the close. National Medical Care Company (SE: 4005 ) added 5.69% or 2.60 points to end at 48.30 and Gulf General Cooperative Insurance (SE: 8260 ) was up 5.26% or 0.70 points to 14.00 in late trade.

Biggest losers included Food Products Co. (SE: 2100 ), which lost 2.35% or 0.36 points to trade at 14.94 in late trade. Southern Province Cement Co. (SE: 3050 ) declined 2.03% or 0.70 points to end at 33.75 and United Int Transportation Company (SE: 4260 ) shed 2.01% or 0.55 points to 26.75.

Declining stocks outnumbered rising ones by 85 to 84 and 13 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for November delivery was down 0.23% or 0.17 to $73.08 a barrel. Meanwhile, Brent oil for delivery in December unchanged 0.00% or 0.00 to hit $82.73 a barrel, while the December Gold Futures contract fell 0.41% or 4.90 to trade at $1191.30 a troy ounce.

EUR/SAR was down 0.06% to 4.3494, while USD/SAR rose 0.02% to 3.7508.

The US Dollar Index Futures was up 0.01% at 94.81.

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