Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.09%

Investing.com – Saudi Arabia stocks were higher after the close on Tuesday, as gains in the Telecoms&IT, Insurance and Retail sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share rose 0.09% to hit a new 52-week high.

The best performers of the session on the Tadawul All Share were East Pipes Integrated Company for Industry (TADAWUL:1321), which rose 6.37% or 6.80 points to trade at 113.60 at the close. Meanwhile, Al-Rajhi Cooperative Insurance (TADAWUL:8230) added 6.18% or 4.30 points to end at 73.90 and Al Gassim Investment Holding Company SJSC (TADAWUL:6020) was up 6.09% or 1.16 points to 20.20 in late trade.

The worst performers of the session were Arabian Contracting Services Company CJSC (TADAWUL:4071), which fell 6.09% or 17.00 points to trade at 262.00 at the close. Etihad Atheeb Telecommunication (TADAWUL:7040) declined 5.52% or 5.70 points to end at 97.50 and AYYAN Investment Co SJSC (TADAWUL:2140) was down 5.36% or 1.40 points to 24.70.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 144 to 130 and 21 ended unchanged.

Shares in East Pipes Integrated Company for Industry (TADAWUL:1321) rose to all time highs; up 6.37% or 6.80 to 113.60.

Crude oil for April delivery was down 1.34% or 1.05 to $77.41 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 1.09% or 0.91 to hit $82.65 a barrel, while the April Gold Futures contract rose 0.69% or 13.95 to trade at $2,038.05 a troy ounce.

EUR/SAR was up 0.18% to 4.05, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was down 0.16% at 104.02.