1 month ago
Stock Market

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.40%

Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the Retail, Telecoms&IT and Energy&Utilities

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

At the close in Saudi Arabia, the Tadawul All Share declined 0.40%.

The best performers of the session on the Tadawul All Share were Saudi Cable Company (SE:2110), which rose 6.38% or 2.85 points to trade at 47.50 at the close. Meanwhile, Qassim Agriculture Co. (SE:6020) added 4.27% or 0.50 points to end at 12.20 and Allied Cooperative Insurance Group (SE:8150) was up 3.83% or 0.88 points to 23.88 in late trade.

The worst performers of the session were Abdullah A. M. Al-Khodari Sons Co (SE:1330), which fell 9.86% or 0.56 points to trade at 5.12 at the close. Amana Cooperative Insurance Co (SE:8310) declined 3.73% or 0.64 points to end at 16.54 and The Company for Coop. Insurance (SE:8010) was down 2.40% or 1.40 points to 56.90.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 99 to 75 and 15 ended unchanged.

Shares in Abdullah A. M. Al-Khodari Sons Co (SE:1330) fell to all time lows; losing 9.86% or 0.56 to 5.12. Shares in Allied Cooperative Insurance Group (SE:8150) rose to 3-years highs; rising 3.83% or 0.88 to 23.88.

Crude oil for April delivery was unchanged 0.00% or 0.00 to $55.98 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 2.69% or 1.74 to hit $66.31 a barrel, while the April Gold Futures contract rose 0.83% or 10.85 to trade at $1324.75 a troy ounce.

EUR/SAR was up 0.03% to 4.2362, while USD/SAR rose 0.01% to 3.7504.

The US Dollar Index Futures was down 0.06% at 96.745.