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Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.36%

Published 2019-03-04, 08:15 a/m
© Reuters.  Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.36%
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Investing.com – Saudi Arabia equities were higher at the close on Monday, as gains in the Agriculture & Food, Real Estate Development and Transport sectors propelled shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.36%.

The biggest gainers of the session on the Tadawul All Share were Al Baha Investment and Development Company SJSC (SE:4130), which rose 4.01% or 0.88 points to trade at 22.80 at the close. Savola Group (SE:2050) added 3.96% or 1.25 points to end at 32.80 and Amana Cooperative Insurance Co (SE:8310) was up 3.47% or 0.48 points to 14.30 in late trade.

Biggest losers included Gulf Union Cooperative Insurance (SE:8120), which lost 2.15% or 0.30 points to trade at 13.68 in late trade. Al-Ahlia Insurance Company (SE:8140) declined 1.79% or 0.22 points to end at 12.08 and National Agriculture Development Co (SE:6010) shed 1.46% or 0.40 points to 27.00.

Advancing stocks outnumbered falling ones by 99 to 70 and 21 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for April delivery was up 1.02% or 0.57 to $56.37 a barrel. Meanwhile, Brent oil for delivery in May rose 1.00% or 0.65 to hit $65.72 a barrel, while the April Gold Futures contract fell 0.99% or 12.85 to trade at $1286.35 a troy ounce.

EUR/SAR was down 0.32% to 4.2519, while USD/SAR rose 0.01% to 3.7503.

The US Dollar Index Futures was up 0.11% at 96.553.

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