Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.65%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.65%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Tuesday, as gains in the Agriculture & Food , Telecoms & IT and Insurance sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.65% to hit a new 52-week high.

The biggest gainers of the session on the Tadawul All Share were Emaar The Economic City (SE: 4220 ), which rose 4.85% or 0.65 points to trade at 14.06 at the close. Bupa Arabia for Coop. Insurance (SE: 8210 ) added 4.27% or 3.85 points to end at 94.00 and AXA Cooperative Insurance Company (SE: 8250 ) was up 3.69% or 0.84 points to 23.58 in late trade.

Biggest losers included Saudi Printing & Packaging Company (SE: 4270 ), which lost 4.45% or 0.95 points to trade at 20.42 in late trade. Saudi Arabia Fertilizers Co. (SE: 2020 ) declined 2.74% or 1.92 points to end at 68.20 and Rabigh Refining & Petrochemical Co (SE: 2380 ) shed 2.65% or 0.55 points to 20.18.

Advancing stocks outnumbered falling ones by 95 to 77 and 11 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for February delivery was down 0.20% or 0.13 to $64.17 a barrel. Meanwhile, Brent oil for delivery in March fell 0.93% or 0.65 to hit $69.61 a barrel, while the February Gold Futures contract rose 0.07% or 1.00 to trade at $1335.90 a troy ounce.

EUR/SAR was down 0.26% to 4.5885, while USD/SAR rose 0.03% to 3.7517.

The US Dollar Index Futures was up 0.32% at 90.42.

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