Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.16%

  • Stock Market News
Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.16%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Monday, as losses in the Agriculture & Food , Industrial Investment and Energy & Utilities sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.16%.

The biggest gainers of the session on the Tadawul All Share were Arabian Shield Coop Insurance Co (SE: 8070 ), which rose 6.72% or 2.75 points to trade at 43.65 at the close. Arabian Pipes Company (SE: 2200 ) added 6.38% or 0.72 points to end at 12.00 and Malath Cooperative Insurance Co (SE: 8020 ) was up 5.71% or 0.85 points to 15.74 in late trade.

Biggest losers included Tabuk Cement Co. (SE: 3090 ), which lost 7.14% or 0.92 points to trade at 11.96 in late trade. Tabuk Agriculture Development Co (SE: 6040 ) declined 4.04% or 0.55 points to end at 13.06 and Yanbu Cement Co. (SE: 3060 ) shed 4.03% or 1.10 points to 26.20.

Declining stocks outnumbered rising ones by 89 to 81 and 7 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for December delivery was up 0.30% or 0.16 to $54.06 a barrel. Meanwhile, Brent oil for delivery in January rose 0.45% or 0.27 to hit $60.40 a barrel, while the December Gold Futures contract rose 0.05% or 0.62 to trade at $1272.42 a troy ounce.

EUR/SAR was up 0.02% to 4.3541, while USD/SAR fell 0.02% to 3.7496.

The US Dollar Index Futures was down 0.06% at 94.66.

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