Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.84%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.84%
Credit: © Reuters.

Investing.com – Saudi Arabia equities were higher at the close on Sunday, as gains in the Petrochemicals , Insurance and Cement sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 1.84%.

The biggest gainers of the session on the Tadawul All Share were Trade Union Cooperative Insurance (SE: 8170 ), which rose 8.00% or 1.94 points to trade at 26.20 at the close. Saudi Company for Hardware (SE: 4008 ) added 7.27% or 7.10 points to end at 104.80 and Alinma Bank (SE: 1150 ) was up 5.95% or 1.24 points to 22.08 in late trade.

Biggest losers included Al Hammadi Co (SE: 4007 ), which lost 2.77% or 0.70 points to trade at 24.60 in late trade. Ash-Sharqiyah Development Company (SE: 6060 ) declined 0.97% or 0.50 points to end at 51.00 and Saudi Arabia Fertilizers Co. (SE: 2020 ) shed 0.63% or 0.50 points to 79.30.

Advancing stocks outnumbered falling ones by 166 to 13 and 6 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for January delivery was down 1.46% or 0.75 to $50.70 a barrel. Meanwhile, Brent oil for delivery in February fell 1.20% or 0.72 to hit $59.19 a barrel, while the February Gold Futures contract fell 0.21% or 2.60 to trade at $1227.80 a troy ounce.

EUR/SAR was down 0.62% to 4.2468, while USD/SAR rose 0.01% to 3.7520.

The US Dollar Index Futures was up 0.44% at 97.120.

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