Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.25% By

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© Reuters Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.25% – Saudi Arabia stocks were higher after the close on Wednesday, as gains in the , and sectors led shares higher.

At the close in Saudi Arabia, the added 0.25% to hit a new 5-year high.

The best performers of the session on the were Tabuk Agriculture Development Co (SE:), which rose 10.08% or 2.77 points to trade at 30.30 at the close. Meanwhile, Al Samaani Factory Metal Industries Co CJSC (SE:) added 7.69% or 27.00 points to end at 378.00 and Banque Saudi Fransi (SE:) was up 5.71% or 2.00 points to 37.00 in late trade.

The worst performers of the session were Alinma Tokio Marine Co (SE:), which fell 4.27% or 1.65 points to trade at 37.00 at the close. National Company for Learning and Education SJSC (SE:) declined 3.67% or 1.80 points to end at 47.20 and Alujain Corporation (SE:) was down 3.36% or 1.80 points to 51.70.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 115 to 77 and 13 ended unchanged.

Shares in Banque Saudi Fransi (SE:) rose to 52-week highs; gaining 5.71% or 2.00 to 37.00.

Crude oil for May delivery was down 0.40% or 0.24 to $59.09 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 0.35% or 0.22 to hit $62.52 a barrel, while the June Gold Futures contract fell 0.11% or 1.90 to trade at $1741.10 a troy ounce.

EUR/SAR was up 0.21% to 4.4630, while USD/SAR rose 0.01% to 3.7504.

The US Dollar Index Futures was down 0.07% at 92.285.

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