Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.22%

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.22%

© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.22% © Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.22%

Investing.com – Saudi Arabia stocks were lower after the close on Thursday, as losses in the Energy & Utilities, Insurance and Financial Services sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 0.22%.

The best performers of the session on the Tadawul All Share were Al Sorayai Trading&Industrial Group (SE:1213), which rose 9.89% or 3.50 points to trade at 38.90 at the close. Meanwhile, Al Hokair Group (SE:1820) added 8.52% or 1.88 points to end at 23.94 and Tourism Enterprise Co. (SE:4170) was up 5.59% or 3.60 points to 68.00 in late trade.

The worst performers of the session were Anaam International Holding Group (SE:4061), which fell 9.99% or 15.40 points to trade at 138.80 at the close. Saudi Paper Manufacturing Co. (SE:2300) declined 5.50% or 6.00 points to end at 103.00 and SABB Takaful (SE:8080) was down 5.50% or 1.60 points to 27.50.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 106 to 83 and 13 ended unchanged.

Shares in Al Sorayai Trading&Industrial Group (SE:1213) rose to 52-week highs; gaining 9.89% or 3.50 to 38.90. Shares in Al Hokair Group (SE:1820) rose to 52-week highs; gaining 8.52% or 1.88 to 23.94.

Crude oil for January delivery was down 0.29% or 0.13 to $45.15 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 0.15% or 0.07 to hit $48.18 a barrel, while the February Gold Futures contract rose 0.71% or 13.05 to trade at $1843.25 a troy ounce.

EUR/SAR was up 0.43% to 4.5629, while USD/SAR rose 0.01% to 3.7509.

The US Dollar Index Futures was down 0.52% at 90.640.

Original Article

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