Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.88%

© Reuters.  Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.88%© Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.88% – Saudi Arabia stocks were higher after the close on Sunday, as gains in the , and sectors led shares higher.

At the close in Saudi Arabia, the added 0.88% to hit a new 3-years high.

The best performers of the session on the were Saudi Steel Pipe Company (SE:), which rose 10.00% or 2.08 points to trade at 22.88 at the close. Meanwhile, Saudi Arabian Amiantit Co. (SE:) added 9.92% or 0.60 points to end at 6.65 and The Saudi Investment Bank (SE:) was up 8.70% or 1.68 points to 21.00 in late trade.

The worst performers of the session were Amana Cooperative Insurance Co (SE:), which fell 3.01% or 0.68 points to trade at 21.94 at the close. Saudi Research and Marketing Group (SE:) declined 2.09% or 1.80 points to end at 84.50 and Saudi Arabian Mining Company (SE:) was down 2.00% or 1.10 points to 53.90.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 114 to 62 and 13 ended unchanged.

Shares in Saudi Steel Pipe Company (SE:) rose to 3-years highs; up 10.00% or 2.08 to 22.88. Shares in The Saudi Investment Bank (SE:) rose to 3-years highs; gaining 8.70% or 1.68 to 21.00.

Crude oil for March delivery was up 0.75% or 0.40 to $53.53 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April unchanged 0.00% or 0.00 to hit $61.59 a barrel, while the February Gold Futures contract rose 1.77% or 22.60 to trade at $1302.40 a troy ounce.

EUR/SAR was up 0.03% to 4.2812, while USD/SAR rose 0.01% to 3.7506.

The US Dollar Index Futures was down 0.86% at 95.470.

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