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.

Investing.com – Saudi Arabia equities were lower at the close on Tuesday, as losses in the Real Estate Development , Telecoms & IT and Building & Construction 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 United Electronics Company (SE: 4003 ), which rose 5.32% or 2.50 points to trade at 49.50 at the close. Saudi Kayan Petrochemical Company (SE: 2350 ) added 4.54% or 0.48 points to end at 11.06 and Etihad Etisalat Co (SE: 7020 ) was up 2.20% or 0.35 points to 16.26 in late trade.

Biggest losers included Dar Alarkan Real Estate Development (SE: 4300 ), which lost 9.88% or 1.28 points to trade at 11.68 in late trade. Al Sorayai Trading&Industrial Group (SE: 1213 ) declined 3.85% or 0.51 points to end at 12.72 and Aldrees Petroleum & Transport Svcs (SE: 4200 ) shed 3.20% or 0.86 points to 26.00.

Declining stocks outnumbered rising ones by 103 to 70 and 6 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for February delivery was down 0.18% or 0.11 to $60.31 a barrel. Meanwhile, Brent oil for delivery in March fell 0.43% or 0.29 to hit $66.58 a barrel, while the February Gold Futures contract rose 0.36% or 4.70 to trade at $1314.00 a troy ounce.

EUR/SAR was up 0.24% to 4.5127, while USD/SAR rose 0.03% to 3.7517.

The US Dollar Index Futures was down 0.26% at 91.75.

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