Saudi Arabia stocks higher at close of trade

Saudi Arabia stocks higher at close of trade
Saudi Arabia stocks were higher after the close on Sunday, as gains in the Insurance, Energy & Utilities and Industrial Investment sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All-Share rose 0.24%.

The best performers of the session on the Tadawul All Share were Salama Cooperative Insurance Co, which rose 10.18% or 1.70 points to trade at 18.40 at the close. Meanwhile, Saudi Arabian Cooperative Insurance  added 9.94% or 1.60 points to end at 17.70 and Al-Jouf Agriculture Development Co  was up 8.45% or 2.50 points to 32.10 in late trade.

The worst performers of the session were United Int Transportation Company, which fell 2.48% or 0.93 points to trade at 36.50 at the close. Samba Financial Group  declined 1.36% or 0.30 points to end at 21.70 and Saudi Telecom  was down 1.16% or 0.75 points to 63.75.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 100 to 33 and 35 ended unchanged.

Crude oil for June delivery was up 0.65% or 0.29 to $44.61 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 0.69% or 0.31 to hit $45.32 a barrel, while the June Gold contract rose 1.43% or 18.25 to trade at $1290.55 a troy ounce.

EUR/SAR was down 0.04% to 4.2769, while USD/SAR fell 0.02% to 3.7504.

The US Dollar Index was up 0.11% at 93.83.

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