Saudi Arabia stocks lower at close of trade; Tadawul All Share down 2.91% By Investing.com


© Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 2.91%

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

At the close in Saudi Arabia, the fell 2.91%.

The best performers of the session on the were Arab Sea Information Systems Co SJSC (TADAWUL:), which rose 4.76% or 3.40 points to trade at 74.80 at the close. Meanwhile, Rabigh Refining & Petrochemical Co (TADAWUL:) added 4.41% or 0.76 points to end at 18.00 and Salama Cooperative Insurance Co (TADAWUL:) was up 3.86% or 0.52 points to 13.98 in late trade.

The worst performers of the session were National Gypsum Company (TADAWUL:), which fell 9.99% or 2.32 points to trade at 20.90 at the close. Amana Cooperative Insurance Co (TADAWUL:) declined 7.46% or 1.14 points to end at 14.14 and Saudi Arabian Mining Company (TADAWUL:) was down 7.27% or 4.00 points to 51.00.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 208 to 26 and 3 ended unchanged.

Shares in National Gypsum Company (TADAWUL:) fell to 52-week lows; falling 9.99% or 2.32 to 20.90.

Crude oil for August delivery was down 5.85% or 6.41 to $103.11 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 5.25% or 6.02 to hit $108.63 a barrel, while the August Gold Futures contract rose 0.26% or 4.70 to trade at $1,843.50 a troy ounce.

EUR/SAR was up 0.32% to 3.96, while USD/SAR unchanged 0.01% to 3.75.

The US Dollar Index Futures was down 0.21% at 103.99.

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