Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.91% By Investing.com



© Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.91%

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

At the close in Saudi Arabia, the declined 0.91% to hit a new 52-week low.

The best performers of the session on the were Allied Cooperative Insurance Group SJSC (TADAWUL:), which rose 7.09% or 0.78 points to trade at 11.78 at the close. Meanwhile, Power and Water Utility Company for Jubail and Yanbu (TADAWUL:) added 2.56% or 1.25 points to end at 50.00 and Jadwa REIT Saudi Fund (TADAWUL:) was up 1.76% or 0.22 points to 12.74 in late trade.

The worst performers of the session were Theeb Rent a Car Company SJSC (TADAWUL:), which fell 9.94% or 6.90 points to trade at 62.50 at the close. Saudi Arabian Amiantit Co. (TADAWUL:) declined 9.91% or 3.80 points to end at 34.55 and Saudi Enaya Cooperative Insurance (TADAWUL:) was down 9.89% or 1.26 points to 11.48.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 195 to 46 and 10 ended unchanged.

Shares in Power and Water Utility Company for Jubail and Yanbu (TADAWUL:) rose to all time highs; rising 2.56% or 1.25 to 50.00. Shares in Saudi Enaya Cooperative Insurance (TADAWUL:) fell to all time lows; down 9.89% or 1.26 to 11.48.

Crude oil for January delivery was down 1.08% or 0.88 to $80.34 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 1.68% or 1.46 to hit $85.42 a barrel, while the February Gold Futures contract fell 0.21% or 3.80 to trade at $1,811.40 a troy ounce.

EUR/SAR was up 0.16% to 3.96, while USD/SAR unchanged 0.02% to 3.76.

The US Dollar Index Futures was down 0.24% at 104.44.



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