© Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.50%
Investing.com – Saudi Arabia stocks were higher after the close on Monday, as gains in the , and sectors led shares higher.
At the close in Saudi Arabia, the gained 0.50% to hit a new 5-year high.
The best performers of the session on the were International Company for Water and Power Projects (ACWA Power) (SE:), which rose 7.80% or 9.20 points to trade at 127.20 at the close. Meanwhile, Saudi Paper Manufacturing Co. (SE:) added 6.55% or 2.95 points to end at 48.00 and Yamamah Saudi Cement Co. (SE:) was up 5.25% or 1.60 points to 32.10 in late trade.
The worst performers of the session were Malath Cooperative Insurance Co (SE:), which fell 3.25% or 0.72 points to trade at 21.40 at the close. Jadwa REIT Saudi Fund (SE:) declined 2.84% or 0.42 points to end at 14.38 and Saudi Enaya Cooperative Insurance (SE:) was down 2.83% or 0.75 points to 25.75.
Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 138 to 86 and 13 ended unchanged.
Shares in International Company for Water and Power Projects (ACWA Power) (SE:) rose to all time highs; gaining 7.80% or 9.20 to 127.20. Shares in Malath Cooperative Insurance Co (SE:) fell to 52-week lows; losing 3.25% or 0.72 to 21.40.
Crude oil for May delivery was down 7.10% or 8.09 to $105.81 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 6.48% or 7.60 to hit $109.77 a barrel, while the April Gold Futures contract fell 0.90% or 17.60 to trade at $1,936.60 a troy ounce.
EUR/SAR was unchanged 0.06% to 4.12, while USD/SAR unchanged 0.01% to 3.75.
The US Dollar Index Futures was up 0.49% at 99.31.
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