Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.54%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.54%
Credit: © Reuters. – Saudi Arabia equities were higher at the close on Monday, as gains in the Real Estate Development , Financial Services and Telecoms & IT sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.54%.

The biggest gainers of the session on the Tadawul All Share were National Agriculture Marketing Co. (SE: 4160 ), which rose 4.79% or 1.55 points to trade at 33.90 at the close. Arabian Shield Coop Insurance Co (SE: 8070 ) added 3.84% or 1.85 points to end at 50.00 and Samba Financial Group (SE: 1090 ) was up 2.86% or 0.64 points to 23.02 in late trade.

Biggest losers included Abdullah A. M. Al-Khodari Sons Co (SE: 1330 ), which lost 2.32% or 0.24 points to trade at 10.12 in late trade. Anb Insurance (SE: 8011 ) declined 2.31% or 0.50 points to end at 21.10 and Saudi Int Petrochemical Co (SE: 2310 ) shed 1.93% or 0.28 points to 14.20.

Declining stocks outnumbered rising ones by 101 to 61 and 15 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for July delivery was down 0.90% or 0.43 to $47.23 a barrel. Meanwhile, Brent oil for delivery in August fell 0.96% or 0.48 to hit $49.47 a barrel, while the August Gold Futures contract rose 0.22% or 2.85 to trade at $1283.05 a troy ounce.

EUR/SAR was down 0.33% to 4.2172, while USD/SAR rose 0.00% to 3.7504.

The US Dollar Index Futures was up 0.25% at 96.85.

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