3 months ago
Stock Market

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.44%

Investing.com – Saudi Arabia stocks were lower after the close on Thursday, as losses in the Industrial Investment, Hotels&Tourism and

Investing.com – Saudi Arabia stocks were lower after the close on Thursday, as losses in the Industrial Investment, Hotels&Tourism and Petrochemicals sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.44%.

The best performers of the session on the Tadawul All Share were Mobile Telecommunications Company (SE:7030), which rose 6.34% or 0.42 points to trade at 7.04 at the close. Meanwhile, Solidarity Saudi Takaful Co (SE:8290) added 5.30% or 0.80 points to end at 15.90 and Eastern Province Cement Co. (SE:3080) was up 4.82% or 0.94 points to 20.44 in late trade.

The worst performers of the session were Saudi Cable Company (SE:2110), which fell 2.87% or 1.10 points to trade at 37.20 at the close. Saudi Industrial Export Co (SE:4140) declined 2.73% or 2.70 points to end at 96.20 and Yanbu National Petrochemical Co (SE:2290) was down 2.45% or 1.70 points to 67.70.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 121 to 50 and 15 ended unchanged.

Crude oil for January delivery was down 3.06% or 1.62 to $51.27 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 2.62% or 1.61 to hit $59.95 a barrel, while the February Gold Futures contract unchanged 0.00% or 0.00 to trade at $1242.60 a troy ounce.

EUR/SAR was up 0.11% to 4.2599, while USD/SAR rose 0.04% to 3.7522.

The US Dollar Index Futures was down 0.12% at 96.898.