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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.50% -Breaking

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© Reuters. Stocks of Saudi Arabia higher after close to 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.

Saudi Arabia’s close was marked by a 0.50% increase in the, which reached a five-year record.

They were the top performers at the session International Company for Water and Power Projects, (ACWA Power), rose 7.80% (or 9.20 points) to close at 127.20. Saudi Paper Manufacturing Co. (SE) gained 6.55%, or 2.95 points, to close at 48.00. Yamamah Saudi Cement Co. was up 5.25% (or 1.60 points) to 32.10.

These were the worst performers of the session. Malath Cooperative Insurance Co. (SE) dropped 3.25% (0.72 points) to close at 21.40. Jadwa REIT Saudi Fund declined by 2.84%, or 0.42 point to close at 14.38 Saudi Enaya Cooperative Insurance (SE:) fell 2.83%, or 0.75 points, to 25,75

Saudi Arabia Stock Exchange: Rising stocks outnumbered falling ones by 138 to86, 13 ending unchanged

International Company for Water and Power Projects shares (ACWA Power, SE:) reached all-time highs. They gained 7.80% or 9.20 % to 127.20. Malath Cooperative Insurance Co. (SE:), shares fell by 3.25%, or 0.72 to 21,40.

Crude oil was 8.09 barrels lower at $105.81/barrel for May delivery, a drop of 7.10%. Brent oil, which was due for delivery June 7, fell 6.8%, 7.60 and hit $109.77/barrel. April Gold Futures fell 0.90% or 17.60 and traded at $1.936.60 per troy ounce.

EUR/SAR was stable at 0.06%, 4.12 and 3.75 respectively. USD/SAR was steady at 0.01%.

US Dollar Index Futures were up 0.4% at 99.31

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