Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.51%

Investing.com – Saudi Arabia stocks were higher after the close on Monday, as gains in the Industrial Investment, Financial Services and Agriculture&Food sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share added 0.51%.

The best performers of the session on the Tadawul All Share were MBC Group CJSC (TADAWUL:4072), which rose 9.93% or 4.50 points to trade at 49.80 at the close. Meanwhile, Middle East Paper Co (TADAWUL:1202) added 8.03% or 2.65 points to end at 35.65 and Al Dawaa Medical Services Co (TADAWUL:4163) was up 6.29% or 6.60 points to 111.60 in late trade.

The worst performers of the session were International Company for Water and Power Projects (ACWA Power) (TADAWUL:2082), which fell 2.87% or 6.80 points to trade at 230.20 at the close. Ataa Educational Co (TADAWUL:4292) declined 2.74% or 2.20 points to end at 78.00 and National Gas&Industrialization Co (TADAWUL:2080) was down 2.51% or 1.70 points to 65.90.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 161 to 119 and 18 ended unchanged.

Shares in MBC Group CJSC (TADAWUL:4072) rose to all time highs; rising 9.93% or 4.50 to 49.80. Shares in Al Dawaa Medical Services Co (TADAWUL:4163) rose to all time highs; gaining 6.29% or 6.60 to 111.60.

Crude oil for March delivery was down 1.51% or 1.10 to $71.69 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 1.42% or 1.11 to hit $77.18 a barrel, while the February Gold Futures contract rose 0.19% or 3.95 to trade at $2,055.55 a troy ounce.

EUR/SAR was unchanged 0.05% to 4.11, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was up 0.14% at 102.29.