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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.51%

Stock Markets57 minutes ago (Mar 22, 2021 10:15AM ET)

(C) Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.51%

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

At the close in Saudi Arabia, the Tadawul All Share gained 0.51%.

The best performers of the session on the Tadawul All Share were Saudi Arabia Refineries Co. (SE:2030), which rose 8.70% or 14.20 points to trade at 177.40 at the close. Meanwhile, Rabigh Refining & Petrochemical Co (SE:2380) added 4.00% or 0.66 points to end at 17.14 and Tourism Enterprise Co. (SE:4170) was up 3.60% or 2.00 points to 57.50 in late trade.

The worst performers of the session were Al Yamamah Steel Industries Co (SE:1304), which fell 3.90% or 1.65 points to trade at 40.65 at the close. Etihad Atheeb Telecommunication (SE:7040) declined 3.46% or 1.450 points to end at 40.500 and Food Products Co. (SE:2100) was down 3.21% or 6.00 points to 181.00.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 101 to 91 and 13 ended unchanged.

Shares in Saudi Arabia Refineries Co. (SE:2030) rose to 5-year highs; rising 8.70% or 14.20 to 177.40.

Crude oil for May delivery was up 0.24% or 0.15 to $61.59 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 0.06% or 0.04 to hit $64.57 a barrel, while the April Gold Futures contract fell 0.45% or 7.85 to trade at $1733.85 a troy ounce.

EUR/SAR was up 0.16% to 4.4690, while USD/SAR fell 0.00% to 3.7504.

The US Dollar Index Futures was down 0.01% at 91.915.

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.51%

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