Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.28%

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At the close in Saudi Arabia, the Tadawul All Share gained 0.28% to hit a new 1-month high.

The best performers of the session on the Tadawul All Share were Gulf General Cooperative Insurance (TADAWUL:8260), which rose 9.97% or 0.69 points to trade at 7.61 at the close. Meanwhile, Tihama Advertising&Public Relations (TADAWUL:4070) added 9.07% or 8.00 points to end at 96.20 and United Cooperative Assurance Co (TADAWUL:8190) was up 4.59% or 0.34 points to 7.75 in late trade.

The worst performers of the session were Saudi Advanced Industries Co. (TADAWUL:2120), which fell 3.12% or 1.00 points to trade at 31.05 at the close. Saudi Arabian Amiantit Co. (TADAWUL:2160) declined 2.57% or 1.10 points to end at 41.65 and Al Aseel Co Ltd (TADAWUL:4012) was down 2.38% or 0.95 points to 38.95.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 131 to 111 and 22 ended unchanged.

Crude oil for March delivery was down 0.12% or 0.10 to $81.52 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.18% or 0.16 to hit $88.03 a barrel, while the February Gold Futures contract rose 0.12% or 2.40 to trade at $1,931.00 a troy ounce.

EUR/SAR was unchanged 0.02% to 4.08, while USD/SAR unchanged 0.01% to 3.75.

The US Dollar Index Futures was down 0.04% at 101.88.