Saudi Arabia shares lower at close of trade; Tadawul All Share down 1.21%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 1.21%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Monday, as losses in the Hotels & Tourism , Cement and Insurance sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 1.21%.

The biggest gainers of the session on the Tadawul All Share were Trade Union Cooperative Insurance (SE: 8170 ), which rose 9.23% or 0.90 points to trade at 10.65 at the close. Takween Advanced Industries (SE: 1201 ) added 3.45% or 0.40 points to end at 12.00 and Red Sea Housing Services Company (SE: 4230 ) was up 3.38% or 0.80 points to 24.50 in late trade.

Biggest losers included Salama Cooperative Insurance Co (SE: 8050 ), which lost 8.60% or 0.80 points to trade at 8.50 in late trade. United Int Transportation Company (SE: 4260 ) declined 5.79% or 1.50 points to end at 24.40 and Saudi Industrial Export Co (SE: 4140 ) shed 4.91% or 1.20 points to 23.25.

Declining stocks outnumbered rising ones by 140 to 22 and 7 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for November delivery was down 0.60% or 0.30 to $50.05 a barrel. Meanwhile, Brent oil for delivery in December fell 0.37% or 0.19 to hit $51.76 a barrel, while the December Gold contract rose 0.12% or 1.45 to trade at $1256.95 a troy ounce.

EUR/SAR was up 0.30% to 4.1279, while USD/SAR unchanged 0.00% to 3.7508.

The US Dollar Index was down 0.20% at 97.88.

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