Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.78%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.78%
Credit: © Reuters.

Investing.com – Saudi Arabia equities were higher at the close on Thursday, as gains in the Financial Services , Agriculture & Food and Telecoms & IT sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.78% to hit a new 3-month high.

The biggest gainers of the session on the Tadawul All Share were Falcom Petrochemical , which rose 3.95% or 1.20 points to trade at 31.60 at the close. Saudi Arabia Fertilizers Co. (SE: 2020 ) added 3.14% or 2.40 points to end at 78.90 and Saudi United Cooperative Insurance (SE: 8060 ) was up 3.07% or 0.70 points to 23.50 in late trade.

Biggest losers included Saudi Enaya Cooperative Insurance (SE: 8311 ), which lost 10.00% or 2.02 points to trade at 18.18 in late trade. Amana Cooperative Insurance Co (SE: 8310 ) declined 7.56% or 1.80 points to end at 22.00 and Anb Insurance (SE: 8011 ) shed 5.81% or 1.36 points to 22.04.

Declining stocks outnumbered rising ones by 106 to 70 and 12 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for February delivery was down 0.46% or 0.24 to $52.12 a barrel. Meanwhile, Brent oil for delivery in March fell 0.24% or 0.15 to hit $61.29 a barrel, while the February Gold Futures contract rose 0.21% or 2.70 to trade at $1294.70 a troy ounce.

EUR/SAR was down 0.05% to 4.3268, while USD/SAR fell 0.00% to 3.7510.

The US Dollar Index Futures was up 0.08% at 94.870.

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