Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.26%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.26%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Monday, as losses in the Retail , Telecoms & IT and Agriculture & Food sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.26%.

The biggest gainers of the session on the Tadawul All Share were Saudi Steel Pipe Company (SE: 1320 ), which rose 4.64% or 1.14 points to trade at 25.70 at the close. Sahara (SE: 2260 ) added 3.05% or 0.48 points to end at 16.20 and Alujain Corporation (SE: 2170 ) was up 3.03% or 0.72 points to 24.46 in late trade.

Biggest losers included Abdullah A. M. Al-Khodari Sons Co (SE: 1330 ), which lost 6.84% or 0.35 points to trade at 4.77 in late trade. AlAhli Fund of REITs (SE: 4338 ) declined 4.19% or 0.33 points to end at 7.54 and Saudi Paper Manufacturing Co. (SE: 2300 ) shed 3.88% or 0.48 points to 11.90.

Declining stocks outnumbered rising ones by 129 to 43 and 18 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for April delivery was up 0.98% or 0.55 to $56.53 a barrel. Meanwhile, Brent oil for delivery in April rose 0.33% or 0.22 to hit $66.47 a barrel, while the April Gold Futures contract rose 0.05% or 0.65 to trade at $1328.35 a troy ounce.

EUR/SAR was up 0.39% to 4.2484, while USD/SAR rose 0.01% to 3.7504.

The US Dollar Index Futures was down 0.22% at 96.523.

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