Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.02%

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At the close in Saudi Arabia, the Tadawul All Share fell 0.02%.

The best performers of the session on the Tadawul All Share were Saudi Arabian Cooperative Insurance (SE:8100), which rose 7.67% or 1.58 points to trade at 22.18 at the close. Meanwhile, The National Co for Glass Industrie (SE:2150) added 4.88% or 1.45 points to end at 31.15 and Jazan Development Co. (SE:6090) was up 4.30% or 0.78 points to 18.90 in late trade.

The worst performers of the session were Allied Cooperative Insurance Group SJSC (SE:8150), which fell 1.96% or 1.20 points to trade at 60.10 at the close. Alinma Tokio Marine Co (SE:8312) declined 1.94% or 0.48 points to end at 24.30 and Trade Union Cooperative Insurance (SE:8170) was down 1.93% or 0.50 points to 25.35.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 94 to 88 and 21 ended unchanged.

Shares in Saudi Arabian Cooperative Insurance (SE:8100) rose to 5-year highs; rising 7.67% or 1.58 to 22.18. Shares in Jazan Development Co. (SE:6090) rose to 3-years highs; rising 4.30% or 0.78 to 18.90.

Crude oil for March delivery was down 0.60% or 0.32 to $52.99 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.57% or 0.32 to hit $55.76 a barrel, while the February Gold Futures contract fell 0.16% or 3.05 to trade at $1863.45 a troy ounce.

EUR/SAR was up 0.39% to 4.5578, while USD/SAR rose 0.01% to 3.7513.

The US Dollar Index Futures was down 0.32% at 90.177.

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