Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.22% By

© Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.22% – Saudi Arabia stocks were higher after the close on Tuesday, as gains in the , and sectors led shares higher.

At the close in Saudi Arabia, the added 0.22% to hit a new 52-week high.

The best performers of the session on the were Tabuk Agriculture Development Co (SE:), which rose 10.00% or 3.95 points to trade at 43.45 at the close. Meanwhile, Saudi Public Transport Co. (SE:) added 9.99% or 1.82 points to end at 20.04 and Jazan Development Co. (SE:) was up 9.93% or 2.06 points to 22.80 in late trade.

The worst performers of the session were Al Yamamah Steel Industries Co (SE:), which fell 2.90% or 1.05 points to trade at 35.20 at the close. CHUBB Arabia Cooperative Insurance (SE:) declined 2.61% or 1.05 points to end at 39.20 and Zahrat Al Waha for Trading Co (SE:) was down 2.57% or 2.40 points to 91.00.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 130 to 56 and 18 ended unchanged.

Shares in Tabuk Agriculture Development Co (SE:) rose to 5-year highs; rising 10.00% or 3.95 to 43.45. Shares in Saudi Public Transport Co. (SE:) rose to 5-year highs; gaining 9.99% or 1.82 to 20.04. Shares in Jazan Development Co. (SE:) rose to 5-year highs; up 9.93% or 2.06 to 22.80.

Crude oil for March delivery was up 0.81% or 0.48 to $59.95 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 0.36% or 0.23 to hit $63.07 a barrel, while the April Gold Futures contract fell 1.55% or 28.30 to trade at $1794.90 a troy ounce.

EUR/SAR was down 0.15% to 4.5416, while USD/SAR rose 0.01% to 3.7508.

The US Dollar Index Futures was up 0.07% at 90.532.

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