Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.84% By Investing.com


© Reuters Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.84%

Investing.com – Saudi Arabia stocks were lower after the close on Tuesday, as losses in the , and sectors led shares lower.

At the close in Saudi Arabia, the declined 0.84%.

The best performers of the session on the were Red Sea Housing Services Company (TADAWUL:), which rose 3.06% or 0.95 points to trade at 31.95 at the close. Meanwhile, Retal Urban Development Company SJSC (TADAWUL:) added 2.97% or 4.20 points to end at 145.80 and Saudia Dairy and Foodstuff .Co (TADAWUL:) was up 2.71% or 6.00 points to 227.00 in late trade.

The worst performers of the session were Al Sagr Co-operative Insurance Co (TADAWUL:), which fell 9.84% or 2.75 points to trade at 25.20 at the close. Saudi Enaya Cooperative Insurance (TADAWUL:) declined 5.05% or 1.22 points to end at 22.96 and Al Aseel Co Ltd (TADAWUL:) was down 4.39% or 1.95 points to 42.50.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 193 to 45 and 10 ended unchanged.

Shares in Al Sagr Co-operative Insurance Co (TADAWUL:) fell to 52-week lows; down 9.84% or 2.75 to 25.20. Shares in Retal Urban Development Company SJSC (TADAWUL:) rose to all time highs; rising 2.97% or 4.20 to 145.80. Shares in Saudi Enaya Cooperative Insurance (TADAWUL:) fell to all time lows; losing 5.05% or 1.22 to 22.96. Shares in Saudia Dairy and Foodstuff .Co (TADAWUL:) rose to all time highs; gaining 2.71% or 6.00 to 227.00.

Crude oil for December delivery was up 1.16% or 0.98 to $85.56 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.90% or 0.82 to hit $92.03 a barrel, while the December Gold Futures contract rose 0.56% or 9.25 to trade at $1,663.35 a troy ounce.

EUR/SAR was up 0.80% to 3.74, while USD/SAR unchanged 0.01% to 3.76.

The US Dollar Index Futures was down 0.85% at 110.96.

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