Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.60%

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.60%
© Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.60%

Investing.com – Saudi Arabia stocks were higher after the close on Monday, as gains in the , and sectors led shares higher.

At the close in Saudi Arabia, the gained 1.60% to hit a new 1-month high.

The best performers of the session on the were Tihama Advertising&Public Relations (TADAWUL:), which rose 9.89% or 1.64 points to trade at 18.22 at the close. Meanwhile, Saudi RE Cooperative Reinsurance (TADAWUL:) added 6.75% or 1.02 points to end at 16.12 and Riyad Bank (TADAWUL:) was up 5.93% or 1.75 points to 31.25 in late trade.

The worst performers of the session were Gulf Insurance Group (TADAWUL:), which fell 3.70% or 1.05 points to trade at 27.30 at the close. Ash-Sharqiyah Development Company (TADAWUL:) declined 3.57% or 2.20 points to end at 59.50 and The National Shipping Co. (TADAWUL:) was down 3.41% or 1.10 points to 31.20.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 166 to 92 and 11 ended unchanged.

Shares in Tihama Advertising&Public Relations (TADAWUL:) rose to all time lows; up 9.89% or 1.64 to 18.22.

Crude oil for May delivery was up 6.33% or 4.79 to $80.46 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 6.22% or 4.97 to hit $84.86 a barrel, while the June Gold Futures contract rose 0.72% or 14.35 to trade at $2,000.55 a troy ounce.

EUR/SAR was up 0.43% to 4.09, while USD/SAR unchanged 0.06% to 3.75.

The US Dollar Index Futures was down 0.35% at 101.83.

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