Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.19%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.19%
Credit: © Reuters.

Investing.com – Saudi Arabia equities were lower at the close on Thursday, as losses in the Agriculture & Food , Real Estate Development and Telecoms & IT sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.19%.

The biggest gainers of the session on the Tadawul All Share were The Mediterranean&Gulf Insurance Co (SE: 8030 ), which rose 10.00% or 2.00 points to trade at 22.00 at the close. Tabuk Cement Co. (SE: 3090 ) added 5.79% or 0.84 points to end at 15.34 and Saudi RE Cooperative Reinsurance (SE: 8200 ) was up 5.74% or 0.53 points to 9.77 in late trade.

Biggest losers included Fawaz Abdulaziz AlHokair Company (SE: 4240 ), which lost 6.87% or 2.22 points to trade at 30.10 in late trade. Allied Cooperative Insurance Group (SE: 8150 ) declined 3.58% or 0.64 points to end at 17.24 and Saudi Automotive Services Co. (SE: 4050 ) shed 3.00% or 0.51 points to 16.50.

Declining stocks outnumbered rising ones by 99 to 76 and 8 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for March delivery was down 1.05% or 0.65 to $61.14 a barrel. Meanwhile, Brent oil for delivery in April fell 1.11% or 0.73 to hit $64.78 a barrel, while the April Gold Futures contract fell 0.02% or 0.20 to trade at $1314.40 a troy ounce.

EUR/SAR was down 0.07% to 4.5956, while USD/SAR rose 0.02% to 3.7510.

The US Dollar Index Futures was up 0.03% at 90.19.

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