Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.08%

0 – Saudi Arabia stocks were higher after the close on Sunday, as gains in the Energy & UtilitiesAgriculture & Food and Telecoms & IT sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.08% to hit a new 5-year high.

The best performers of the session on the Tadawul All Share were National Agriculture Development Co (SE:6010), which rose 9.95% or 3.80 points to trade at 42.00 at the close. Meanwhile, Halwani Bros (SE:6001) added 9.84% or 10.80 points to end at 120.60 and Food Products Co. (SE:2100) was up 6.14% or 11.40 points to 197.00 in late trade.

The worst performers of the session were Arabia Insurance Cooperative Co (SE:8160), which fell 4.31% or 1.15 points to trade at 25.55 at the close. Ash-Sharqiyah Development Company (SE:6060) declined 4.17% or 4.40 points to end at 101.00 and Taleem REIT Fund (SE:4333) was down 3.78% or 0.62 points to 15.78.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 115 to 76 and 13 ended unchanged.

Shares in National Agriculture Development Co (SE:6010) rose to 5-year highs; up 9.95% or 3.80 to 42.00. Shares in Food Products Co. (SE:2100) rose to 5-year highs; gaining 6.14% or 11.40 to 197.00.

Crude oil for June delivery was up 1.01% or 0.62 to $62.05 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July unchanged 0.00% or 0.00 to hit $65.42 a barrel, while the June Gold Futures contract fell 0.29% or 5.25 to trade at $1776.75 a troy ounce.

EUR/SAR was up 0.69% to 4.5369, while USD/SAR rose 0.01% to 3.7502.

The US Dollar Index Futures was down 0.57% at 90.797.

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