Saudi Arabia shares lower at close of trade; Tadawul All Share down 2.38%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 2.38%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Monday, as losses in the Media & Publishing , Agriculture & Food and Financial Services sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 2.38% to hit a new 3-month low.

The biggest gainers of the session on the Tadawul All Share were Al Sagr Co-operative Insurance Co (SE: 8180 ), which rose 6.00% or 0.78 points to trade at 13.78 at the close. United Electronics Company (SE: 4003 ) added 2.20% or 1.10 points to end at 51.10 and Al Baha Investment and Development Company SJSC (SE: 4130 ) was up 1.52% or 0.24 points to 16.04 in late trade.

Biggest losers included Saudi Cement Company (SE: 3030 ), which lost 7.56% or 3.25 points to trade at 39.75 in late trade. Saudi Company for Hardware (SE: 4008 ) declined 5.64% or 4.60 points to end at 76.90 and Riyad Bank (SE: 1010 ) shed 5.14% or 0.90 points to 16.60.

Declining stocks outnumbered rising ones by 168 to 17 and 2 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for September delivery was down 0.35% or 0.24 to $67.39 a barrel. Meanwhile, Brent oil for delivery in October rose 0.01% or 0.01 to hit $72.82 a barrel, while the December Gold Futures contract fell 0.86% or 10.50 to trade at $1208.50 a troy ounce.

EUR/SAR was up 0.11% to 4.2834, while USD/SAR fell 0.03% to 3.7491.

The US Dollar Index Futures was down 0.07% at 96.12.

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