Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.85%

Investing.com – Saudi Arabia equities were lower at the close on Thursday, as losses in the Media & Publishing , Energy & Utilities and Cement sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.85% to hit a new 3-month low.

The biggest gainers of the session on the Tadawul All Share were Al-Rajhi Cooperative Insurance (SE: 8230 ), which rose 8.01% or 1.55 points to trade at 20.90 at the close. Saudi Transport & Investment Co (SE: 4110 ) added 4.09% or 2.25 points to end at 57.25 and Red Sea Housing Services Company (SE: 4230 ) was up 2.92% or 0.70 points to 24.70 in late trade.

Biggest losers included Middle East Healthcare Co (SE: 4009 ), which lost 8.37% or 4.75 points to trade at 52.00 in late trade. Filing & Packing Materials Co. (SE: 2180 ) declined 6.68% or 2.60 points to end at 36.30 and AXA Cooperative Insurance Company (SE: 8250 ) shed 5.05% or 0.75 points to 14.10.

Declining stocks outnumbered rising ones by 124 to 27 and 18 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for October delivery was down 0.38% or 0.18 to $46.59 a barrel. Meanwhile, Brent oil for delivery in October fell 0.27% or 0.13 to hit $48.92 a barrel, while the December Gold contract fell 0.43% or 5.75 to trade at $1323.95 a troy ounce.

EUR/SAR was up 0.21% to 4.2355, while USD/SAR fell 0.02% to 3.7500.

The US Dollar Index was down 0.08% at 94.65.