Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.27%

Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the Energy&Utilities, Building&Construction and Real Estate Development sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.27% to hit a new 52-week high.

The best performers of the session on the Tadawul All Share were Saudi Steel Pipe Company (TADAWUL:1320), which rose 10.00% or 8.10 points to trade at 89.10 at the close. Meanwhile, Saudi Advanced Industries Co. (TADAWUL:2120) added 10.00% or 3.40 points to end at 37.40 and Scientific and Medical Equipment House Company CJSC (TADAWUL:4014) was up 9.98% or 5.60 points to 61.70 in late trade.

The worst performers of the session were East Pipes Integrated Company for Industry (TADAWUL:1321), which fell 4.61% or 7.00 points to trade at 145.00 at the close. Arabian Shield Coop Insurance Co (TADAWUL:8070) declined 4.16% or 1.00 points to end at 23.02 and MBC Group CJSC (TADAWUL:4072) was down 3.94% or 2.50 points to 61.00.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 164 to 113 and 24 ended unchanged.

Shares in Saudi Steel Pipe Company (TADAWUL:1320) rose to all time highs; rising 10.00% or 8.10 to 89.10. Shares in Saudi Advanced Industries Co. (TADAWUL:2120) rose to 52-week highs; rising 10.00% or 3.40 to 37.40. Shares in Scientific and Medical Equipment House Company CJSC (TADAWUL:4014) rose to 52-week highs; up 9.98% or 5.60 to 61.70.

Crude oil for May delivery was down 0.32% or 0.26 to $80.58 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 0.08% or 0.07 to hit $85.35 a barrel, while the April Gold Futures contract fell 0.37% or 8.10 to trade at $2,159.40 a troy ounce.

EUR/SAR was unchanged 0.06% to 4.08, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was up 0.07% at 103.06.