Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.59% By Investing.com

Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.59%

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

At the close in Saudi Arabia, the Tadawul All Share gained 0.59%.

The biggest gainers of the session on the Tadawul All Share were Saudi Steel Pipe Company (SE:1320), which rose 3.53% or 0.88 points to trade at 25.80 at the close. Samba Financial Group (SE:1090) added 3.19% or 1.15 points to end at 37.15 and Dur Hospitality (SE:4010) was up 2.91% or 0.56 points to 19.78 in late trade.

Biggest losers included The Saudi Investment Bank (SE:1030), which lost 2.12% or 0.42 points to trade at 19.38 in late trade. The Mediterranean&Gulf Insurance Co (SE:8030) declined 1.86% or 0.28 points to end at 14.80 and Malath Cooperative Insurance Co (SE:8020) shed 1.78% or 0.22 points to 12.16.

Advancing stocks outnumbered falling ones by 103 to 59 and 27 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for April delivery was down 0.60% or 0.34 to $56.11 a barrel. Meanwhile, Brent oil for delivery in April fell 0.71% or 0.47 to hit $65.98 a barrel, while the April Gold Futures contract rose 0.21% or 2.85 to trade at $1347.65 a troy ounce.

EUR/SAR was up 0.03% to 4.2537, while USD/SAR unchanged 0% to 3.7504.

The US Dollar Index Futures was up 0.02% at 96.370.

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