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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.46% -Breaking

by Mike Robinson

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© Reuters. Saudi Arabia stock prices higher at the close of trade. Tadawul All Shares up 0.46%

Investing.com – Saudi Arabia stocks were higher after the close on Monday, as gains in the , and sectors led shares higher.

Saudi Arabia’s close saw the currency rise by 0.4% to reach a new five-year high.

Saudi Tadawul Group Holding Co, (SE:) rose 5.82% (8.80 points) to close at 160.00. CSJC, Arabian Internet and Communications Services Co CSJC (SE) added 5.34% (10.80 points) to close at 213.00. Tanmiah Food Company SCJSC (SE:) was up by 5.17%, or 4.60 point to 93.50 during late trade.

Mouwasat Medical Services Company, (SE:) fell 2.62% or 5.05 points to close at 186.20. AlAhli Fund of REITs, (SE) fell 1.8% or 0.24 to finish at 11.90. Saudi Arabian Mining Company (SE) dropped 1.62% or 1.50 to 91.00.

Stocks in Saudi Arabia Stock Exchange rose more than those that were declining by 127 percent to 78 percent, while 17 stocks ended the same.

Saudi Tadawul Group Holding Co shares rose to new heights, rising by 5.82% (or 8.80 to 160.00)

Crude oil was $0.07 lower at $83.23/barrel for March delivery. Brent oil, which was due for delivery March 31, fell 0.21 or 0.24 percent to reach $85.85/barrel, while February Gold Futures contracts rose 0.20%, or 3.65, and traded at $1820.15 per troy ounce.

EUR/SAR decreased 0.10% at 4.2786 while USD/SAR fell 0.1% to 3.7521.

At 95.240, the US Dollar Index Futures rose 0.08%.

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