Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.49%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.49%
Credit: © Reuters.

Investing.com – Saudi Arabia equities were lower at the close on Monday, as losses in the Hotels & Tourism , Media & Publishing and Industrial Investment sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.49%.

The biggest gainers of the session on the Tadawul All Share were Aseer Trading Tourism&Manufacturing (SE: 4080 ), which rose 6.46% or 1.05 points to trade at 17.30 at the close. Saudi Advanced Industries Co. (SE: 2120 ) added 4.85% or 0.55 points to end at 11.90 and Red Sea Housing Services Company (SE: 4230 ) was up 4.18% or 1.20 points to 29.90 in late trade.

Biggest losers included Saudi Indian Company Insurance (SE: 8110 ), which lost 5.14% or 0.85 points to trade at 15.70 in late trade. Arabian Pipes Company (SE: 2200 ) declined 4.95% or 0.90 points to end at 17.30 and Alujain Corporation (SE: 2170 ) shed 4.55% or 1.00 points to 21.00.

Declining stocks outnumbered rising ones by 135 to 28 and 6 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for January delivery was up 4.60% or 2.37 to $53.87 a barrel. Meanwhile, Brent oil for delivery in February rose 4.20% or 2.28 to hit $56.61 a barrel, while the February Gold contract fell 0.43% or 5.05 to trade at $1156.85 a troy ounce.

EUR/SAR was up 0.27% to 3.9740, while USD/SAR fell 0.10% to 3.7498.

The US Dollar Index was down 0.23% at 101.37.

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