3 weeks ago
Stock Market

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.94%

Investing.com – Saudi Arabia stocks were lower after the close on Monday, as losses in the Hotels&Tourism, Cement and Agriculture&Food

Investing.com – Saudi Arabia stocks were lower after the close on Monday, as losses in the Hotels&Tourism, Cement and Agriculture&Food sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.94% to hit a new 1-month low.

The best performers of the session on the Tadawul All Share were Abdullah A. M. Al-Khodari Sons Co (SE:1330), which rose 3.74% or 0.16 points to trade at 4.44 at the close. Meanwhile, Saudi Arabian Amiantit Co. (SE:2160) added 2.99% or 0.18 points to end at 6.20 and Trade Union Cooperative Insurance (SE:8170) was up 2.55% or 0.65 points to 26.15 in late trade.

The worst performers of the session were Zamil Industrial Investment Co (SE:2240), which fell 3.11% or 0.56 points to trade at 17.42 at the close. Riyad Bank (SE:1010) declined 3.10% or 0.72 points to end at 22.54 and The Saudi Investment Bank (SE:1030) was down 2.89% or 0.56 points to 18.80.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 150 to 30 and 10 ended unchanged.

Crude oil for April delivery was down 2.53% or 1.45 to $55.81 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 2.50% or 1.68 to hit $65.57 a barrel, while the April Gold Futures contract fell 0.12% or 1.65 to trade at $1331.15 a troy ounce.

EUR/SAR was up 0.17% to 4.2585, while USD/SAR rose 0.01% to 3.7504.

The US Dollar Index Futures was down 0.10% at 96.270.