Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.64%

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At the close in Saudi Arabia, the Tadawul All Share declined 0.64%.

The best performers of the session on the Tadawul All Share were Alamar Foods CJSC (TADAWUL:6014), which rose 5.08% or 6.60 points to trade at 136.40 at the close. Meanwhile, Jadwa REIT Saudi Fund (TADAWUL:4342) added 4.67% or 0.58 points to end at 13.00 and Middle East Paper Co (TADAWUL:1202) was up 3.11% or 0.95 points to 31.50 in late trade.

The worst performers of the session were Tourism Enterprise Co. (TADAWUL:4170), which fell 9.98% or 1.98 points to trade at 17.86 at the close. Tihama Advertising&Public Relations (TADAWUL:4070) declined 9.88% or 7.40 points to end at 67.50 and Saudi Industrial Export Co (TADAWUL:4140) was down 7.38% or 2.40 points to 30.10.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 191 to 47 and 6 ended unchanged.

Shares in Tourism Enterprise Co. (TADAWUL:4170) fell to 52-week lows; losing 9.98% or 1.98 to 17.86. Shares in Tihama Advertising&Public Relations (TADAWUL:4070) fell to 52-week lows; losing 9.88% or 7.40 to 67.50. Shares in Saudi Industrial Export Co (TADAWUL:4140) fell to 52-week lows; losing 7.38% or 2.40 to 30.10.

Crude oil for February delivery was up 1.92% or 1.43 to $75.89 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 1.73% or 1.37 to hit $80.41 a barrel, while the February Gold Futures contract rose 0.06% or 1.10 to trade at $1,801.30 a troy ounce.

EUR/SAR was up 0.28% to 3.99, while USD/SAR unchanged 0.02% to 3.76.

The US Dollar Index Futures was down 0.10% at 104.23.