Investing.com – Saudi Arabia stocks were higher after the close on Thursday, as gains in the Insurance, Financial Services and Petrochemicals sectors led shares higher.
At the close in Saudi Arabia, the Tadawul All Share gained 0.89%.
The best performers of the session on the Tadawul All Share were Bupa Arabia for Coop. Insurance (SE:8210), which rose 8.33% or 14.00 points to trade at 182.00 at the close. Meanwhile, Bindawood Holding Co (SE:4161) added 6.35% or 5.70 points to end at 95.50 and Saudi Industrial Investment Group (SE:2250) was up 5.34% or 1.90 points to 37.50 in late trade.
The worst performers of the session were Dur Hospitality (SE:4010), which fell 7.00% or 2.30 points to trade at 30.55 at the close. Saudi Electricity Company (SE:5110) declined 6.14% or 1.70 points to end at 26.00 and AlJazira Mawten REIT (SE:4331) was down 5.12% or 1.28 points to 23.72.
Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 123 to 98 and 14 ended unchanged.
Shares in Bupa Arabia for Coop. Insurance (SE:8210) rose to all time highs; rising 8.33% or 14.00 to 182.00.
Crude oil for April delivery was up 7.09% or 6.74 to $101.78 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 7.42% or 7.27 to hit $105.29 a barrel, while the April Gold Futures contract rose 2.00% or 38.10 to trade at $1,947.30 a troy ounce.
EUR/SAR was up 0.37% to 4.15, while USD/SAR unchanged 0.01% to 3.75.
The US Dollar Index Futures was down 0.43% at 98.19.