Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.13%

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At the close in Saudi Arabia, the Tadawul All Share declined 1.13% to hit a new 1-month low.

The best performers of the session on the Tadawul All Share were Power and Water Utility Company for Jubail and Yanbu (TADAWUL:2083), which rose 3.81% or 2.00 points to trade at 54.50 at the close. Meanwhile, Dar Alarkan Real Estate Development (TADAWUL:4300) added 3.54% or 0.46 points to end at 13.46 and Astra Industrial Group (TADAWUL:1212) was up 2.94% or 1.60 points to 56.00 in late trade.

The worst performers of the session were Tihama Advertising&Public Relations (TADAWUL:4070), which fell 5.97% or 4.20 points to trade at 66.10 at the close. Halwani Bros (TADAWUL:6001) declined 3.53% or 1.90 points to end at 51.90 and Savola Group (TADAWUL:2050) was down 3.05% or 0.85 points to 27.05.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 131 to 112 and 19 ended unchanged.

Shares in Power and Water Utility Company for Jubail and Yanbu (TADAWUL:2083) rose to all time highs; gaining 3.81% or 2.00 to 54.50.

Crude oil for April delivery was up 1.35% or 1.00 to $74.95 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 1.15% or 0.93 to hit $81.53 a barrel, while the April Gold Futures contract fell 0.42% or 7.75 to trade at $1,833.75 a troy ounce.

EUR/SAR was unchanged 0.11% to 3.98, while USD/SAR unchanged 0.01% to 3.75.

The US Dollar Index Futures was down 0.05% at 104.47.