Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.41%

Investing.com

Published Apr 10, 2016 09:15AM ET

Updated Apr 10, 2016 09:50AM ET

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.41%

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

At the close in Saudi Arabia, the Tadawul All Share rose 1.41%.

The best performers of the session on the Tadawul All Share were Saudi Indian Company Insurance (SE:8110), which rose 12.50% or 1.85 points to trade at 16.65 at the close. Meanwhile, Jazan Development Co. (SE:6090) added 8.49% or 1.15 points to end at 14.70 and Alinma Tokio Marine Co (SE:8312) was up 7.31% or 1.40 points to 20.55 in late trade.

The worst performers of the session were Aseer Trading Tourism&Manufacturing (SE:4080), which fell 1.55% or 0.35 points to trade at 22.30 at the close. National Agriculture Development Co (SE:6010) declined 1.20% or 0.30 points to end at 20.60 and Saudi Pharmaceutical Appliances (SE:2070) was down 0.91% or 0.30 points to 32.50.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 141 to 11 and 16 ended unchanged.

Crude oil for May delivery was up 6.39% or 2.38 to $39.64 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 6.14% or 2.42 to hit $41.85 a barrel, while the June Gold contract rose 0.36% or 4.50 to trade at $1242.00 a troy ounce.

EUR/SAR was up 0.16% to 4.2747, while USD/SAR fell 0.04% to 3.7499.

The US Dollar Index was down 0.30% at 94.22.

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