Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.04%

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At the close in Saudi Arabia, the Tadawul All Share fell 0.04%.

The best performers of the session on the Tadawul All Share were Etihad Atheeb Telecommunication (TADAWUL:7040), which rose 9.98% or 5.00 points to trade at 55.10 at the close. Meanwhile, Al Hassan Ghazi Ibrahim Shaker (TADAWUL:1214) added 5.19% or 0.98 points to end at 19.88 and ALABDULLATIF CO. (TADAWUL:2340) was up 3.42% or 0.76 points to 23.00 in late trade.

The worst performers of the session were Al Rajhi Bank (TADAWUL:1120), which fell 37.37% or 67.20 points to trade at 112.60 at the close. Saudi Industrial Export Co (TADAWUL:4140) declined 9.88% or 42.60 points to end at 388.40 and Allianz Saudi Fransi Cooperative Insurance Company (TADAWUL:8040) was down 5.62% or 1.22 points to 20.50.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 120 to 109 and 7 ended unchanged.

Shares in Allianz Saudi Fransi Cooperative Insurance Company (TADAWUL:8040) fell to 52-week lows; down 5.62% or 1.22 to 20.50.

Crude oil for June delivery was down 2.61% or 2.86 to $106.91 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 2.38% or 2.67 to hit $109.72 a barrel, while the June Gold Futures contract fell 1.10% or 20.63 to trade at $1,862.17 a troy ounce.

EUR/SAR was down 0.20% to 3.95, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was up 0.23% at 103.93.