Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.24%

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Saudi Arabia shares higher at close of trade; Tadawul All Share up 1.24%
Credit: © Reuters.

Investing.com – Saudi Arabia equities were higher at the close on Thursday, as gains in the Energy & Utilities , Retail and Agriculture & Food sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 1.24% to hit a new 52-week high.

The biggest gainers of the session on the Tadawul All Share were Saudi Arabian Mining Company (SE: 1211 ), which rose 9.35% or 4.20 points to trade at 49.10 at the close. Jazan Development Co. (SE: 6090 ) added 6.82% or 0.90 points to end at 14.10 and Almarai Company (SE: 2280 ) was up 5.56% or 5.00 points to 95.00 in late trade.

Biggest losers included National Industrialization Co (SE: 2060 ), which lost 3.03% or 0.44 points to trade at 14.06 in late trade. Alinma Bank (SE: 1150 ) declined 2.82% or 0.44 points to end at 15.18 and BANK ALBILAD (SE: 1140 ) shed 2.67% or 0.52 points to 18.98.

Advancing stocks outnumbered falling ones by 112 to 56 and 10 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for August delivery was up 0.56% or 0.24 to $42.77 a barrel. Meanwhile, Brent oil for delivery in August rose 0.91% or 0.41 to hit $45.23 a barrel, while the August Gold Futures contract rose 0.71% or 8.90 to trade at $1254.70 a troy ounce.

EUR/SAR was down 0.03% to 4.1873, while USD/SAR rose 0.02% to 3.7513.

The US Dollar Index Futures was up 0.02% at 97.24.

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