Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.27%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.27%
Credit: © Reuters.

Investing.com – Saudi Arabia equities were lower at the close on Thursday, as losses in the Agriculture & Food , Energy & Utilities and Building & Construction sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.27%.

The biggest gainers of the session on the Tadawul All Share were Anb Insurance (SE: 8011 ), which rose 7.38% or 1.80 points to trade at 26.20 at the close. Umm Al-Qura (SE: 3005 ) added 4.31% or 0.62 points to end at 15.00 and Saudi Ground Services Co (SE: 4031 ) was up 3.17% or 0.95 points to 30.90 in late trade.

Biggest losers included Saudi Company for Hardware (SE: 4008 ), which lost 5.49% or 4.20 points to trade at 72.30 in late trade. Gulf Union Cooperative Insurance (SE: 8120 ) declined 4.79% or 0.70 points to end at 13.90 and Allied Cooperative Insurance Group SJSC (SE: 8150 ) shed 3.50% or 0.70 points to 19.28.

Declining stocks outnumbered rising ones by 124 to 49 and 14 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for June delivery was down 2.64% or 1.68 to $61.92 a barrel. Meanwhile, Brent oil for delivery in July fell 1.86% or 1.34 to hit $70.84 a barrel, while the June Gold Futures contract fell 1.14% or 14.65 to trade at $1269.55 a troy ounce.

EUR/SAR was down 0.10% to 4.1934, while USD/SAR rose 0.01% to 3.7503.

The US Dollar Index Futures was up 0.11% at 97.515.

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