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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.38% – Saudi Arabia stocks were higher after the close on Sunday, as gains in the CementReal Estate Development and Building & Construction sectors led shares higher.

At the close in Saudi Arabia, the Tadawul All Share gained 0.38% to hit a new 5-year high.

The best performers of the session on the Tadawul All Share were Saudi Industrial Export Co (SE:4140), which rose 9.97% or 30.20 points to trade at 333.20 at the close. Meanwhile, Al Etihad Cooperative Insurance Co SJSC (SE:8170) added 9.94% or 1.80 points to end at 19.90 and Bindawood Holding Co (SE:4161) was up 9.05% or 7.90 points to 95.20 in late trade.

The worst performers of the session were Gulf Union Cooperative Insurance (SE:8120), which fell 3.76% or 0.56 points to trade at 14.34 at the close. Arab National Bank (SE:1080) declined 3.75% or 1.05 points to end at 26.95 and Arabian Contracting Services Company CJSC (SE:4071) was down 3.45% or 4.00 points to 111.80.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 152 to 71 and 7 ended unchanged.

Shares in Gulf Union Cooperative Insurance (SE:8120) fell to 52-week lows; down 3.76% or 0.56 to 14.34.

Crude oil for April delivery was up 6.84% or 7.36 to $115.03 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 6.85% or 7.57 to hit $118.03 a barrel, while the April Gold Futures contract rose 1.98% or 38.40 to trade at $1,974.30 a troy ounce.

EUR/SAR was down 1.25% to 4.10, while USD/SAR unchanged 0.01% to 3.75.

The US Dollar Index Futures was up 0.72% at 98.50.

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