Investing.com – Saudi Arabia equities were higher at the close on Monday, as gains in the Financial Services, Insurance and Cement sectors propelled shares higher.
At the close in Saudi Arabia, the Tadawul All Share rose 1.45% to hit a new 3-month high.
The biggest gainers of the session on the Tadawul All Share were BURUJ COOPERATIVE INSURANCE CO (SE:8270), which rose 9.96% or 2.65 points to trade at 29.25 at the close. Saudi United Cooperative Insurance (SE:8060) added 6.30% or 1.38 points to end at 23.30 and Saudi Industrial Investment Group (SE:2250) was up 5.80% or 1.26 points to 23.00 in late trade.
Biggest losers included Jabal Omar Development Company (SE:4250), which lost 4.10% or 1.35 points to trade at 31.55 in late trade. Saudi Advanced Industries Co. (SE:2120) declined 2.89% or 0.40 points to end at 13.46 and Saudi Fisheries Co. (SE:6050) shed 2.89% or 2.10 points to 70.60.
Advancing stocks outnumbered falling ones by 118 to 61 and 10 ended unchanged on the Saudi Arabia Stock Exchange.
In commodities trading, Crude oil for February delivery was up 2.31% or 1.11 to $49.07 a barrel. Meanwhile, Brent oil for delivery in March rose 2.05% or 1.17 to hit $58.23 a barrel, while the February Gold Futures contract rose 0.68% or 8.70 to trade at $1294.50 a troy ounce.
EUR/SAR was up 0.46% to 4.2928, while USD/SAR rose 0.01% to 3.7508.
The US Dollar Index Futures was down 0.34% at 95.422.