Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.41%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.41%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Thursday, as losses in the Petrochemicals , Cement and Real Estate Development sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.41% to hit a new 3-month low.

The biggest gainers of the session on the Tadawul All Share were Savola Group (SE: 2050 ), which rose 5.82% or 1.65 points to trade at 30.00 at the close. Red Sea Housing Services Company (SE: 4230 ) added 5.60% or 0.88 points to end at 16.60 and Fawaz Abdulaziz AlHokair Company (SE: 4240 ) was up 5.47% or 1.24 points to 23.92 in late trade.

Biggest losers included Al Baha Investment and Development Company SJSC (SE: 4130 ), which lost 4.83% or 0.78 points to trade at 15.38 in late trade. National Medical Care Company (SE: 4005 ) declined 4.58% or 2.10 points to end at 43.80 and Saudi Cable Company (SE: 2110 ) shed 4.21% or 1.15 points to 26.15.

Advancing stocks outnumbered falling ones by 93 to 82 and 8 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for October delivery was up 0.29% or 0.20 to $68.92 a barrel. Meanwhile, Brent oil for delivery in November rose 0.45% or 0.35 to hit $77.62 a barrel, while the December Gold Futures contract rose 0.59% or 7.10 to trade at $1208.40 a troy ounce.

EUR/SAR was up 0.06% to 4.3655, while USD/SAR fell 0.01% to 3.7510.

The US Dollar Index Futures was down 0.04% at 95.03.

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