Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.80%

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At the close in Saudi Arabia, the Tadawul All Share declined 0.80% to hit a new 3-months low.

The best performers of the session on the Tadawul All Share were Saudi Industrial Export Co (TADAWUL:4140), which rose 9.93% or 8.70 points to trade at 96.30 at the close. Meanwhile, Saudi Marke (TADAWUL:4006) added 9.82% or 2.28 points to end at 25.50 and Kingdom Holding Company (TADAWUL:4280) was up 9.51% or 0.95 points to 10.94 in late trade.

The worst performers of the session were Arab Sea Information Systems Co SJSC (TADAWUL:7201), which fell 7.30% or 13.20 points to trade at 167.60 at the close. Gulf Union Cooperative Insurance (TADAWUL:8120) declined 6.25% or 0.68 points to end at 10.20 and Almarai Company (TADAWUL:2280) was down 4.75% or 2.50 points to 50.10.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 146 to 79 and 11 ended unchanged.

Shares in Gulf Union Cooperative Insurance (TADAWUL:8120) fell to 52-week lows; losing 6.25% or 0.68 to 10.20.

Crude oil for July delivery was down 0.31% or 0.34 to $109.94 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 0.04% or 0.04 to hit $109.95 a barrel, while the June Gold Futures contract rose 0.64% or 11.80 to trade at $1,853.90 a troy ounce.

EUR/SAR was up 0.93% to 4.00, while USD/SAR unchanged 0.03% to 3.75.

The US Dollar Index Futures was down 0.87% at 102.28.