Saudi Arabia shares lower at close of trade; Tadawul All Share down 1.17%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 1.17%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Thursday, as losses in the Multi Investment , Hotels & Tourism and Energy & Utilities sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 1.17%.

The biggest gainers of the session on the Tadawul All Share were Etihad Atheeb Telecommunication (SE: 7040 ), which rose 3.91% or 0.350 points to trade at 9.300 at the close. Arabia Insurance Cooperative Co (SE: 8160 ) added 2.29% or 0.32 points to end at 14.30 and Saudi Chemical Company (SE: 2230 ) was up 1.49% or 0.55 points to 37.45 in late trade.

Biggest losers included Malath Cooperative Insurance Co (SE: 8020 ), which lost 4.11% or 0.76 points to trade at 17.74 in late trade. Red Sea Housing Services Company (SE: 4230 ) declined 4.05% or 0.90 points to end at 21.30 and Saudi Industrial Export Co (SE: 4140 ) shed 3.97% or 1.15 points to 27.85.

Declining stocks outnumbered rising ones by 155 to 13 and 10 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for July delivery was down 0.68% or 0.31 to $45.41 a barrel. Meanwhile, Brent oil for delivery in August fell 0.60% or 0.29 to hit $47.77 a barrel, while the August Gold Futures contract fell 0.55% or 7.11 to trade at $1286.09 a troy ounce.

EUR/SAR was down 0.26% to 4.2105, while USD/SAR rose 0.00% to 3.7502.

The US Dollar Index Futures was up 0.25% at 96.91.

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