Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.12%

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At the close in Saudi Arabia, the Tadawul All Share declined 1.12% to hit a new 6-months low.

The best performers of the session on the Tadawul All Share were Fitaihi Holding Group (TADAWUL:4180), which rose 9.98% or 3.15 points to trade at 34.70 at the close. Meanwhile, Al Hammadi Co (TADAWUL:4007) added 6.73% or 2.65 points to end at 42.00 and Almarai Company (TADAWUL:2280) was up 3.39% or 1.70 points to 51.90 in late trade.

The worst performers of the session were Saudi Arabian Cooperative Insurance (TADAWUL:8100), which fell 8.51% or 1.86 points to trade at 20.00 at the close. Arabia Insurance Cooperative Co (TADAWUL:8160) declined 8.16% or 1.72 points to end at 19.36 and Astra Industrial Group (TADAWUL:1212) was down 8.16% or 4.00 points to 45.00.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 199 to 33 and 7 ended unchanged.

Shares in Arabia Insurance Cooperative Co (TADAWUL:8160) fell to 52-week lows; losing 8.16% or 1.72 to 19.36.

Crude oil for August delivery was down 4.66% or 4.49 to $91.81 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 3.81% or 3.79 to hit $95.78 a barrel, while the August Gold Futures contract fell 2.08% or 36.10 to trade at $1,699.40 a troy ounce.

EUR/SAR was down 0.91% to 3.74, while USD/SAR unchanged 0.02% to 3.75.

The US Dollar Index Futures was up 1.14% at 108.99.