Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.96%

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At the close in Saudi Arabia, the Tadawul All Share declined 0.96% to hit a new 1-month low.

The best performers of the session on the Tadawul All Share were Saudi Industrial Export Co (TADAWUL:4140), which rose 4.79% or 19.00 points to trade at 416.00 at the close. Meanwhile, Al Gassim Investment Holding Company SJSC (TADAWUL:6020) added 4.58% or 0.98 points to end at 22.38 and Savola Group (TADAWUL:2050) was up 2.36% or 0.85 points to 36.80 in late trade.

The worst performers of the session were AXA Cooperative Insurance Company SJSC (TADAWUL:8250), which fell 7.95% or 2.85 points to trade at 33.00 at the close. Mouwasat Medical Services Company (TADAWUL:4002) declined 6.55% or 15.60 points to end at 222.40 and United Cooperative Assurance Co (TADAWUL:8190) was down 6.51% or 1.95 points to 28.00.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 137 to 88 and 10 ended unchanged.

Crude oil for June delivery was up 5.28% or 5.27 to $105.03 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 4.45% or 4.56 to hit $107.02 a barrel, while the June Gold Futures contract rose 0.39% or 7.11 to trade at $1,848.11 a troy ounce.

EUR/SAR was up 0.28% to 3.96, while USD/SAR unchanged 0.01% to 3.75.

The US Dollar Index Futures was down 0.32% at 103.61.