Stock Groups

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.09% -Breaking

by Mike Robinson

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© Reuters. Stocks of Saudi Arabia are lower after close to trade. Tadawul AllShare is down 1.09%

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

The Saudi Arabian close saw the currency fall by 1.09%.

Sadr Logistics Co. (SE:) was the best performer of the session. It rose 9.98%, or 8.60 points, to trade at 95.80 by the closing. Wafrah for Industry and Development Company SJSC, (SE:), gained 9.98% (11.80 points) to close at 130.00. ALABDULLATIF CO.(SE:) was also up 9.89% (2.80 points) to 31.10.

Saudi Telecom, (SE:) fell 6.20 points or 5.34% to trade at 110.00 by the end of the session. Saudi Enaya Cooperative Insurance (SE 🙂 fell 4.56% (or 1.65 points) to finish at 34.55. Amana Cooperative Insurance Co. was down 4.133% (1.60 points) and to reach 37.10.

The Saudi Arabia Stock Exchange saw falling stocks surpassing advancing stock by 126, 85 and 8, respectively.

Sadr Logistics Co. (SE:), shares rose to new 3-year highs. They gained 9.98%, or 8.60 to 94.980.

Crude oil rose 2.96%, or 1.96, to $68.22/barrel for January delivery. Brent oil rose 2.9%, or 2.02, to $71.90 per barrel in commodity trading. The February Gold Futures contract dropped 0.23%, or 4.10, to $1779.80 an troy ounce.

EUR/SAR declined 0.11% at 4.2393 while USD/SAR dropped 0.01% at 3.7514.

At 96.180, the US Dollar Index Futures rose 0.07%.

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