Saudi Arabia stocks higher at close of trade; Tadawul All Share up 2.30%

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At the close in Saudi Arabia, the Tadawul All Share gained 2.30% to hit a new 1-month high.

The best performers of the session on the Tadawul All Share were The Mediterranean&Gulf Insurance Co (SE:8030), which rose 9.96% or 2.04 points to trade at 22.52 at the close. Meanwhile, Raydan Co (SE:6012) added 9.89% or 1.48 points to end at 16.44 and Qassim Agriculture Co. (SE:6020) was up 9.89% or 1.06 points to 11.78 in late trade.

The worst performers of the session were Allied Cooperative Insurance Group SJSC (SE:8150), which fell 4.60% or 1.08 points to trade at 22.40 at the close. Jadwa REIT Saudi Fund (SE:4342) declined 2.32% or 0.26 points to end at 10.94 and Bupa Arabia for Coop. Insurance (SE:8210) was down 1.95% or 2.20 points to 110.80.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 183 to 15 and 1 ended unchanged.

Crude oil for July delivery was up 4.84% or 1.63 to $35.34 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August rose 4.72% or 1.70 to hit $37.73 a barrel, while the June Gold Futures contract rose 1.07% or 18.30 to trade at $1731.60 a troy ounce.

EUR/SAR was up 0.32% to 4.1729, while USD/SAR rose 0.07% to 3.7580.

The US Dollar Index Futures was down 0.10% at 98.275.