Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.31%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.31%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Tuesday, as losses in the Insurance , Real Estate Development and Cement sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 0.31%.

The biggest gainers of the session on the Tadawul All Share were Saudi Fisheries Co. (SE: 6050 ), which rose 8.59% or 2.65 points to trade at 33.50 at the close. Saudi Company for Hardware (SE: 4008 ) added 6.29% or 4.40 points to end at 74.40 and Al Baha Investment and Development Company SJSC (SE: 4130 ) was up 5.96% or 1.30 points to 23.10 in late trade.

Biggest losers included Jazan Development Co. (SE: 6090 ), which lost 4.03% or 0.60 points to trade at 14.30 in late trade. BURUJ COOPERATIVE INSURANCE CO (SE: 8270 ) declined 3.45% or 0.95 points to end at 26.60 and ALAHLI TAKAFUL COMPANY (SE: 8130 ) shed 3.08% or 0.95 points to 29.90.

Declining stocks outnumbered rising ones by 116 to 57 and 12 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for February delivery was down 2.33% or 1.17 to $49.03 a barrel. Meanwhile, Brent oil for delivery in February fell 2.01% or 1.20 to hit $58.41 a barrel, while the February Gold Futures contract fell 0.05% or 0.60 to trade at $1251.20 a troy ounce.

EUR/SAR was up 0.26% to 4.2675, while USD/SAR rose 0.01% to 3.7510.

The US Dollar Index Futures was down 0.24% at 96.322.

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