Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.70%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.70%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Thursday, as gains in the Energy & Utilities , Insurance and Financial Services sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.70%.

The biggest gainers of the session on the Tadawul All Share were Gulf General Cooperative Insurance (SE: 8260 ), which rose 10.00% or 1.20 points to trade at 13.20 at the close. Bupa Arabia for Coop. Insurance (SE: 8210 ) added 4.93% or 5.00 points to end at 106.40 and Saudi Arabian Mining Company (SE: 1211 ) was up 3.98% or 1.85 points to 48.30 in late trade.

Biggest losers included Arab National Bank (SE: 1080 ), which lost 2.99% or 0.80 points to trade at 25.95 in late trade. Fawaz Abdulaziz AlHokair Company (SE: 4240 ) declined 2.33% or 0.50 points to end at 20.98 and Saudi Steel Pipe Company (SE: 1320 ) shed 1.92% or 0.44 points to 22.44.

Advancing stocks outnumbered falling ones by 111 to 65 and 17 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for August delivery was up 0.15% or 0.09 to $60.52 a barrel. Meanwhile, Brent oil for delivery in September fell 0.04% or 0.03 to hit $66.98 a barrel, while the August Gold Futures contract rose 0.34% or 4.85 to trade at $1417.35 a troy ounce.

EUR/SAR was up 0.08% to 4.2219, while USD/SAR rose 0.01% to 3.7504.

The US Dollar Index Futures was down 0.07% at 96.632.

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