Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.95%

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At the close in Saudi Arabia, the Tadawul All Share declined 1.95% to hit a new 1-month low.

The best performers of the session on the Tadawul All Share were Tihama Advertising&Public Relations (SE:4070), which rose 9.95% or 3.75 points to trade at 41.45 at the close. Meanwhile, Riyad REIT (SE:4330) added 6.16% or 0.61 points to end at 10.52 and Tourism Enterprise Co. (SE:4170) was up 2.89% or 5.20 points to 185.40 in late trade.

The worst performers of the session were Ash-Sharqiyah Development Company (SE:6060), which fell 5.78% or 6.20 points to trade at 101.00 at the close. Alinma Tokio Marine Co (SE:8312) declined 5.76% or 1.75 points to end at 28.65 and Nama Chemicals Co. (SE:2210) was down 5.71% or 2.30 points to 38.00.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 212 to 10 and 4 ended unchanged.

Shares in Tourism Enterprise Co. (SE:4170) rose to 5-year highs; up 2.89% or 5.20 to 185.40.

Crude oil for March delivery was up 4.51% or 4.05 to $93.93 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 3.98% or 3.64 to hit $95.05 a barrel, while the April Gold Futures contract rose 1.25% or 23.00 to trade at $1860.40 a troy ounce.

EUR/SAR was down 0.66% to 4.2586, while USD/SAR rose 0.00% to 3.7519.

The US Dollar Index Futures was up 0.52% at 96.047.