Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.71%

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

At the close in Saudi Arabia, the Tadawul All Share added 0.71% to hit a new 52-week high.

The best performers of the session on the Tadawul All Share were CHUBB Arabia Cooperative Insurance (TADAWUL:8240), which rose 10.00% or 2.75 points to trade at 30.25 at the close. Meanwhile, SAL Saudi Logistics Services Co CJSC (TADAWUL:4263) added 9.93% or 19.20 points to end at 212.60 and Saudi Company for Hardware (TADAWUL:4008) was up 9.89% or 3.90 points to 43.35 in late trade.

The worst performers of the session were Saudi Arabian Amiantit Co. (TADAWUL:2160), which fell 6.04% or 4.00 points to trade at 62.20 at the close. Al Sorayai Trading&Industrial Group (TADAWUL:1213) declined 5.40% or 3.20 points to end at 56.10 and Saudi Public Transport Co. (TADAWUL:4040) was down 3.16% or 0.64 points to 19.62.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 164 to 115 and 19 ended unchanged.

Shares in CHUBB Arabia Cooperative Insurance (TADAWUL:8240) rose to 52-week highs; up 10.00% or 2.75 to 30.25. Shares in SAL Saudi Logistics Services Co CJSC (TADAWUL:4263) rose to all time highs; up 9.93% or 19.20 to 212.60. Shares in Saudi Company for Hardware (TADAWUL:4008) rose to 52-week highs; rising 9.89% or 3.90 to 43.35.

Crude oil for February delivery was up 1.88% or 1.35 to $73.00 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 1.82% or 1.40 to hit $78.44 a barrel, while the February Gold Futures contract rose 0.20% or 4.20 to trade at $2,076.00 a troy ounce.

EUR/SAR was down 1.04% to 4.11, while USD/SAR unchanged 0.01% to 3.75.

The US Dollar Index Futures was up 0.72% at 101.75.