Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.29%

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.29%

© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.29% © Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.29%

Investing.com – Saudi Arabia stocks were lower after the close on Tuesday, as losses in the Financial Services, Real Estate Development and Agriculture & Food sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.29%.

The best performers of the session on the Tadawul All Share were Wataniya Insurance Company (SE:8300), which rose 9.98% or 4.70 points to trade at 51.80 at the close. Meanwhile, Food Products Co. (SE:2100) added 9.96% or 15.60 points to end at 172.20 and Alinma Tokio Marine Co (SE:8312) was up 8.12% or 2.10 points to 27.95 in late trade.

The worst performers of the session were The Saudi British Bank (SE:1060), which fell 7.92% or 2.15 points to trade at 25.00 at the close. Saudi Arabian Amiantit Co. (SE:2160) declined 4.29% or 0.84 points to end at 18.76 and Filing & Packing Materials Co. (SE:2180) was down 3.50% or 2.20 points to 60.70.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 109 to 89 and 6 ended unchanged.

Shares in Food Products Co. (SE:2100) rose to 5-year highs; gaining 9.96% or 15.60 to 172.20. Shares in Alinma Tokio Marine Co (SE:8312) rose to 3-years highs; up 8.12% or 2.10 to 27.95.

Crude oil for January delivery was down 0.51% or 0.23 to $45.11 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 0.21% or 0.10 to hit $47.78 a barrel, while the February Gold Futures contract rose 2.04% or 36.40 to trade at $1817.30 a troy ounce.

EUR/SAR was up 0.50% to 4.4954, while USD/SAR rose 0.01% to 3.7506.

The US Dollar Index Futures was down 0.21% at 91.662.

Original Article

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