3 months ago
Stock Market

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.15%

Investing.com – Saudi Arabia stocks were lower after the close on Tuesday, as losses in the Real Estate Development, Telecoms&IT

Investing.com – Saudi Arabia stocks were lower after the close on Tuesday, as losses in the Real Estate Development, Telecoms&IT and Financial Services sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 0.15%.

The best performers of the session on the Tadawul All Share were Bupa Arabia for Coop. Insurance (SE:8210), which rose 7.61% or 5.50 points to trade at 77.80 at the close. Meanwhile, Najran Cement Company (SE:3002) added 5.06% or 0.43 points to end at 8.92 and Al Sorayai Trading&Industrial Group (SE:1213) was up 3.56% or 0.50 points to 14.56 in late trade.

The worst performers of the session were Al Alamiya Cooperative Insurance (SE:8280), which fell 2.45% or 0.85 points to trade at 33.85 at the close. Banque Saudi Fransi (SE:1050) declined 1.93% or 0.65 points to end at 33.00 and The Saudi British Bank (SE:1060) was down 1.90% or 0.65 points to 33.50.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 91 to 77 and 15 ended unchanged.

Shares in Bupa Arabia for Coop. Insurance (SE:8210) rose to 52-week highs; rising 7.61% or 5.50 to 77.80.

Crude oil for January delivery was up 1.79% or 0.95 to $53.90 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 1.98% or 1.22 to hit $62.91 a barrel, while the February Gold Futures contract rose 0.40% or 5.00 to trade at $1244.60 a troy ounce.

EUR/SAR was up 0.50% to 4.2810, while USD/SAR rose 0.02% to 3.7523.

The US Dollar Index Futures was down 0.59% at 96.398.