Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.89%

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

At the close in Saudi Arabia, the Tadawul All Share rose 0.89%.

The best performers of the session on the Tadawul All Share were Al Hokair Group (TADAWUL:1820), which rose 9.96% or 0.25 points to trade at 2.76 at the close. Meanwhile, MBC Group CJSC (TADAWUL:4072) added 9.90% or 7.20 points to end at 79.90 and Takween Advanced Industries (TADAWUL:1201) was up 6.37% or 1.16 points to 19.38 in late trade.

The worst performers of the session were Leejam Sports Company SJSC (TADAWUL:1830), which fell 2.20% or 4.00 points to trade at 178.00 at the close. Saudi vitrified clay pipes co. (TADAWUL:2360) declined 2.08% or 1.05 points to end at 49.45 and The Company for Coop. Insurance (TADAWUL:8010) was down 2.07% or 2.60 points to 123.20.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 157 to 122 and 21 ended unchanged.

Shares in MBC Group CJSC (TADAWUL:4072) rose to all time highs; gaining 9.90% or 7.20 to 79.90.

Crude oil for March delivery was up 0.27% or 0.20 to $73.45 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.19% or 0.15 to hit $78.71 a barrel, while the February Gold Futures contract rose 0.10% or 1.95 to trade at $2,031.25 a troy ounce.

EUR/SAR was unchanged 0.01% to 4.09, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was down 0.13% at 102.94.