Stock Groups

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.50% -Breaking

by Mike Robinson

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© Reuters. Saudi Arabia stock prices lower after the close of trade. Tadawul AllShare down 0.50%

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

Saudi Arabia closed at 0.50%.

The Saudi Investment Bank was among the top performers during the session. It rose 9.11%, or 1.60 points, to trade at 19.16 by the close. Al Moammar Information Systems Co CJSC(SE:), which gained 3.62% to finish at 143.00, and Banque Saudi Fransi (+3.03%/ 1.35 points to reach 45.95 in the closing trade were also strong performers.

These were the worst performers of the session. Saudi Marke (SE:), fell 5.17% to 30.25, or 1.65 point at the close. Alinma Tokio Marine Co. (SE:), which declined 4.92%, or 1.75 points, to close at 33.80. Saudi Industrial Export Co. (SE:), was down 4.89% (or 5.00) to 97.20.

On the Saudi Arabia Stock Exchange, falling stocks outnumbered those in progress by 169 to 41. 10 ends unchanged.

Shares of Saudi Investment Bank rose to 52 week highs. The shares gained 9.11% (or 1.60 to 19.16).

Oil for February delivery rose 0.03%, or 0.02, to $71.14/barrel. Brent oil, which was due for delivery on March 3, fell by 0.03 or 0.04% to reach $73.93/barrel, while February Gold Futures contracts rose by 0.27%, or 4.85, to trade at $1793.55 per troy ounce.

EUR/SAR increased by 0.21%, to 4.2447. USD/SAR rose by 0.00%, to 3.7542.

US Dollar Index Futures were down 0.2% at 96.282.

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