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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.23%

Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the Energy & Utilities, Media & Publishing and Agriculture & Food sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.23%.

The best performers of the session on the Tadawul All Share were Riyadh Cement Co (TADAWUL:3092), which rose 9.88% or 2.95 points to trade at 32.80 at the close. Meanwhile, Saudi Industrial Export Co (TADAWUL:4140) added 9.76% or 0.24 points to end at 2.70 and Miahona Holding SCJSC (TADAWUL:2084) was up 5.81% or 1.70 points to 30.95 in late trade.

The worst performers of the session were AL-BABTAIN POWER &TELECOM CO (TADAWUL:2320), which fell 8.00% or 3.45 points to trade at 39.65 at the close. Al-Jouf Agriculture Development Co (TADAWUL:6070) declined 7.67% or 5.20 points to end at 62.60 and Shatirah House Restaurant Co (TADAWUL:6016) was down 7.11% or 1.50 points to 19.60.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 175 to 129 and 25 ended unchanged.

Shares in Shatirah House Restaurant Co (TADAWUL:6016) fell to all time lows; falling 7.11% or 1.50 to 19.60.

Crude oil for December delivery was down 2.74% or 1.98 to $70.38 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 2.33% or 1.76 to hit $73.87 a barrel, while the December Gold Futures contract fell 0.41% or 11.00 to trade at $2,694.80 a troy ounce.

EUR/SAR was down 0.74% to 4.03, while USD/SAR unchanged 0.00% to 3.76.

The US Dollar Index Futures was up 0.50% at 104.89.

This post appeared first on investing.com






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