Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.96%

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

At the close in Saudi Arabia, the Tadawul All Share added 0.96%.

The best performers of the session on the Tadawul All Share were Riyadh Cables Group Company CJSC (TADAWUL:4142), which rose 9.99% or 4.40 points to trade at 48.45 at the close. Meanwhile, Riyad Bank (TADAWUL:1010) added 6.13% or 1.65 points to end at 28.55 and Al ELM Information Security Company CJSC (TADAWUL:7203) was up 4.25% or 15.60 points to 382.60 in late trade.

The worst performers of the session were The Mediterranean&Gulf Insurance Co (TADAWUL:8030), which fell 9.98% or 0.97 points to trade at 8.75 at the close. Salama Cooperative Insurance Co (TADAWUL:8050) declined 4.69% or 0.74 points to end at 15.04 and BURUJ COOPERATIVE INSURANCE CO (TADAWUL:8270) was down 4.61% or 0.88 points to 18.22.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 168 to 84 and 14 ended unchanged.

Shares in Riyadh Cables Group Company CJSC (TADAWUL:4142) rose to all time highs; gaining 9.99% or 4.40 to 48.45. Shares in Al ELM Information Security Company CJSC (TADAWUL:7203) rose to all time highs; up 4.25% or 15.60 to 382.60.

Crude oil for March delivery was down 0.70% or 0.56 to $79.16 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 0.74% or 0.64 to hit $85.75 a barrel, while the April Gold Futures contract fell 0.41% or 7.60 to trade at $1,866.90 a troy ounce.

EUR/SAR was unchanged 0.06% to 4.01, while USD/SAR unchanged 0.01% to 3.75.

The US Dollar Index Futures was up 0.03% at 103.57.