3 months ago
Stock Market

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.12%

Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the Petrochemicals, Telecoms&IT and Media&Publishing

Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the Petrochemicals, Telecoms&IT and Media&Publishing sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.12%.

The best performers of the session on the Tadawul All Share were Saudi Enaya Cooperative Insurance (SE:8311), which rose 9.89% or 2.80 points to trade at 31.10 at the close. Meanwhile, Amana Cooperative Insurance Co (SE:8310) added 8.70% or 1.80 points to end at 22.50 and Allianz Saudi Fransi Cooperative Insurance Company (SE:8040) was up 5.17% or 1.35 points to 27.45 in late trade.

The worst performers of the session were Al Alamiya Cooperative Insurance (SE:8280), which fell 3.02% or 1.00 points to trade at 32.15 at the close. Mobile Telecommunications Company (SE:7030) declined 2.70% or 0.19 points to end at 6.85 and Saudi Cable Company (SE:2110) was down 2.55% or 0.95 points to 36.25.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 90 to 79 and 15 ended unchanged.

Crude oil for January delivery was up 1.26% or 0.65 to $52.14 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 2.08% or 1.25 to hit $61.31 a barrel, while the February Gold Futures contract rose 0.84% or 10.45 to trade at $1254.05 a troy ounce.

EUR/SAR was up 0.16% to 4.2748, while USD/SAR rose 0.03% to 3.7517.

The US Dollar Index Futures was down 0.12% at 96.650.