Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.32%

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.32%

© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.32% © Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.32%

Investing.com – Saudi Arabia stocks were lower after the close on Wednesday, as losses in the Transport, Media & Publishing and Energy & Utilities sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.32%.

The best performers of the session on the Tadawul All Share were Saudi Arabia Refineries Co. (SE:2030), which rose 10.00% or 9.60 points to trade at 105.60 at the close. Meanwhile, Tabuk Agriculture Development Co (SE:6040) added 5.06% or 1.80 points to end at 37.35 and Ash-Sharqiyah Development Company (SE:6060) was up 5.03% or 4.50 points to 94.00 in late trade.

The worst performers of the session were Anaam International Holding Group (SE:4061), which fell 9.93% or 17.00 points to trade at 154.20 at the close. Saudi Paper Manufacturing Co. (SE:2300) declined 8.40% or 10.00 points to end at 109.00 and Al-Ahlia Insurance Company (SE:8140) was down 4.33% or 0.66 points to 14.60.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 136 to 52 and 15 ended unchanged.

Shares in Saudi Arabia Refineries Co. (SE:2030) rose to 5-year highs; up 10.00% or 9.60 to 105.60.

Crude oil for January delivery was down 0.02% or 0.01 to $44.54 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 0.06% or 0.03 to hit $47.39 a barrel, while the February Gold Futures contract rose 0.18% or 3.30 to trade at $1822.20 a troy ounce.

EUR/SAR was up 0.00% to 4.5271, while USD/SAR rose 0.01% to 3.7507.

The US Dollar Index Futures was up 0.02% at 91.312.

Original Article

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