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| Saudi Arabia stocks higher at close of trade |
Saudi Arabia stocks were higher after the close on Sunday, as gains in the Hotels & Tourism, Insurance and Petrochemicals sectors led shares higher.
At the close in Saudi Arabia, the Tadawul All-Share rose 1.69% to hit a new 3-months high.
The best performers of the session on the Tadawul All Share were Saudi Kayan Petrochemical Company, which rose 9.92% or 0.60 points to trade at 6.65 at the close. Meanwhile, Saudi Indian Company Insurance added 9.92% or 1.80 points to end at 19.95 and Bawan was up 9.90% or 2.05 points to 22.75 in late trade.
The worst performers of the session were United Electronics Company, which fell 5.45% or 1.50 points to trade at 26.00 at the close. Aseer Trading Tourism&Manufacturing declined 3.14% or 0.70 points to end at 21.60 and Saudi Industrial Export Co was down 2.69% or 1.20 points to 43.40.
Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 140 to 19 and 8 ended unchanged.
Crude oil for June delivery was up 1.27% or 0.55 to $43.73 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 1.35% or 0.60 to hit $45.13 a barrel, while the June Gold contract fell 1.22% or 15.20 to trade at $1235.10 a troy ounce.
EUR/SAR was down 0.59% to 4.2097, while USD/SAR fell 0.06% to 3.7498.
The US Dollar Index was up 0.52% at 95.11.
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