RIYADH: Saudi Arabia stocks were higher after the close on Sunday, as gains in the Retail, Multi Investment and Agriculture & Food sectors led shares higher. At the close in Saudi Arabia, the Tadawul All Share gained 0.03%. The best performers of the session on the Tadawul All Share were United Electronics Company (SE:4003), which rose 10.15% or 3.75 points to trade at 40.70 at the close. Meanwhile, Malath Cooperative Insurance Co (SE:8020) added 9.80% or 2.32 points to end at 26.00 and Allied Cooperative Insurance Group (SE:8150) was up 5.80% or 0.80 points to 14.60 in late trade.
The worst performers of the session were Saudi United Cooperative Insurance (SE:8060), which fell 3.44% or 1.05 points to trade at 29.45 at the close. United Wire Factories Company (SE:1301) declined 3.04% or 0.58 points to end at 18.48 and Bupa Arabia for Coop. Insurance (SE:8210) was down 2.84% or 3.60 points to 123.20. Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 86 to 79 and 15 ended unchanged. Shares in United Electronics Company (SE:4003) rose to 52-week highs; up 10.15% or 3.75 to 40.70.
Crude oil for September delivery was down 2.77% or 1.30 to $45.62 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 2.88% or 1.42 to hit $47.88 a barrel, while the August Gold Futures contract rose 0.72% or 8.98 to trade at $1254.48 a troy ounce. EUR/SAR was up 0.27% to 4.3737, while USD/SAR rose 0.01% to 3.7501. The US Dollar Index Futures was down 0.32% at 93.78.
