Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.28%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.28%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Thursday, as losses in the Real Estate Development , Retail and Energy & Utilities sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.28%.

The biggest gainers of the session on the Tadawul All Share were Saudi Arabia Refineries Co. (SE: 2030 ), which rose 9.69% or 2.80 points to trade at 31.70 at the close. Gulf General Cooperative Insurance (SE: 8260 ) added 9.36% or 1.25 points to end at 14.60 and Saudi vitrified clay pipes co. (SE: 2360 ) was up 7.72% or 4.75 points to 66.25 in late trade.

Biggest losers included Saudi Real Estate Co. (SE: 4020 ), which lost 3.82% or 0.80 points to trade at 20.15 in late trade. Red Sea Housing Services Company (SE: 4230 ) declined 3.46% or 0.90 points to end at 25.10 and Astra Industrial Group (SE: 1212 ) shed 2.97% or 0.45 points to 14.70.

Declining stocks outnumbered rising ones by 89 to 62 and 18 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for December delivery was up 1.27% or 0.58 to $46.15 a barrel. Meanwhile, Brent oil for delivery in January rose 1.37% or 0.64 to hit $47.27 a barrel, while the December Gold contract rose 0.22% or 2.65 to trade at $1226.55 a troy ounce.

EUR/SAR was down 0.23% to 4.0182, while USD/SAR fell 0.42% to 3.7517.

The US Dollar Index was down 0.13% at 100.25.

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