Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.98%

This post was originally published on this site

At the close in Saudi Arabia, the Tadawul All Share declined 0.98% to hit a new 1-month low.

The best performers of the session on the Tadawul All Share were Wataniya Insurance Company (TADAWUL:8300), which rose 5.33% or 0.80 points to trade at 15.80 at the close. Meanwhile, Tanmiah Food Company SCJSC (TADAWUL:2281) added 5.17% or 6.00 points to end at 122.00 and Gulf Insurance Group (TADAWUL:8250) was up 3.33% or 0.90 points to 27.90 in late trade.

The worst performers of the session were Tihama Advertising&Public Relations (TADAWUL:4070), which fell 9.41% or 7.30 points to trade at 70.30 at the close. Dar Alarkan Real Estate Development (TADAWUL:4300) declined 6.88% or 0.96 points to end at 13.00 and Arab National Bank (TADAWUL:1080) was down 4.60% or 1.19 points to 24.66.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 185 to 57 and 19 ended unchanged.

Shares in Arab National Bank (TADAWUL:1080) fell to 52-week lows; falling 4.60% or 1.19 to 24.66.

Crude oil for April delivery was up 0.29% or 0.22 to $76.77 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 1.01% or 0.85 to hit $83.22 a barrel, while the April Gold Futures contract fell 0.13% or 2.35 to trade at $1,847.85 a troy ounce.

EUR/SAR was down 0.21% to 4.00, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was up 0.21% at 104.00.