Saudi Arabia stocks lower at close of trade; Tadawul All Share down 2.25% By Investing.com


© Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 2.25%

Investing.com – Saudi Arabia stocks were lower after the close on Thursday, as losses in the , and sectors led shares lower.

At the close in Saudi Arabia, the fell 2.25% to hit a new 1-month low.

The best performers of the session on the were Saudi Industrial Export Co (TADAWUL:), which rose 9.94% or 8.80 points to trade at 97.30 at the close. Meanwhile, Anaam International Holding Group (TADAWUL:) added 9.90% or 3.55 points to end at 39.40 and National Gas & Industrialization Co (TADAWUL:) was up 6.09% or 2.70 points to 47.05 in late trade.

The worst performers of the session were Arabia Insurance Cooperative Co (TADAWUL:), which fell 10.00% or 2.85 points to trade at 25.65 at the close. Rabigh Refining & Petrochemical Co (TADAWUL:) declined 9.98% or 2.65 points to end at 23.90 and Saudi Real Estate Co. (TADAWUL:) was down 8.80% or 1.64 points to 17.00.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 199 to 31 and 4 ended unchanged.

Shares in Saudi Industrial Export Co (TADAWUL:) rose to 5-year highs; gaining 9.94% or 8.80 to 97.30. Shares in Arabia Insurance Cooperative Co (TADAWUL:) fell to 52-week lows; losing 10.00% or 2.85 to 25.65. Shares in Saudi Real Estate Co. (TADAWUL:) fell to 52-week lows; down 8.80% or 1.64 to 17.00.

Crude oil for July delivery was down 0.77% or 0.82 to $106.22 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 0.48% or 0.52 to hit $108.59 a barrel, while the June Gold Futures contract rose 1.50% or 27.25 to trade at $1,843.15 a troy ounce.

EUR/SAR was up 0.93% to 3.96, while USD/SAR unchanged 0.02% to 3.75.

The US Dollar Index Futures was down 0.90% at 102.93.

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