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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.77% -Breaking

by Mike Robinson

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© Reuters. Stocks in Saudi Arabia are lower after close of trade. Tadawul All share down 0.77%

Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the , and sectors led shares lower.

The Saudi Arabian close saw the currency fall by 0.77%.

National Industrialization Co. (SE:) was the best performer of the session. It rose 7.66%, or 1.91 points, to close at 26.85. Meanwhile, Basic Chemical Industries Co (SE:) added 6.02% or 2.75 points to end at 48.40 and Rabigh Refining & Petrochemical Co (SE:) was up 5.12% or 1.65 points to 33.90 in late trade.

Saudi Industrial Services Co. (SE) was the worst performer of the session, falling 3.27%, or 1.20 points, to trade at 35.55 by the end. Ataa Educational Co (SE) fell 3.04%, or 2.00 points, to close at 63.80. Al Rajhi Bank was down 2.96% or 4.20 to 137.80.

By 129 to 71, falling stocks outnumbered those in the Saudi Arabia Stock Exchange, which ended with 10 unchanged.

National Industrialization Co. (SE:), shares rose by 7.66%, or 1.91 to 26,85. Shares in Rabigh Refining & Petrochemical Co (SE:) rose to 5-year highs; up 5.12% or 1.65 to 33.90.

December delivery crude oil rose 1.79%, or 1.48 to $83.98/barrel. Brent oil was unchanged at 0.00% for January delivery to $84.64 per barrel. The December Gold Futures contract traded at $1793.35 an ounce, up 0.64%, or 11.45.

EUR/SAR increased by 0.2% to 4.3678. USD/SAR remained unchanged at 0.00% to 3.7507.

US Dollar Index Futures were down 0.8% at 93.588.

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