Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.39%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.39%
Credit: © Reuters.

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

At the close in Saudi Arabia, the Tadawul All Share fell 0.39%.

The biggest gainers of the session on the Tadawul All Share were Saudi Steel Pipe Company (SE: 1320 ), which rose 9.84% or 2.40 points to trade at 26.80 at the close. Arabian Pipes Company (SE: 2200 ) added 7.65% or 0.80 points to end at 11.26 and United Int Transportation Company (SE: 4260 ) was up 3.56% or 1.00 points to 29.10 in late trade.

Biggest losers included Savola Group (SE: 2050 ), which lost 4.42% or 1.50 points to trade at 32.40 in late trade. Saudi Cement Company (SE: 3030 ) declined 4.38% or 2.50 points to end at 54.60 and Saudi Cable Company (SE: 2110 ) shed 3.86% or 1.90 points to 47.35.

Declining stocks outnumbered rising ones by 101 to 68 and 20 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for March delivery was up 2.88% or 1.55 to $55.34 a barrel. Meanwhile, Brent oil for delivery in April rose 3.29% or 2.00 to hit $62.84 a barrel, while the April Gold Futures contract fell 0.23% or 3.10 to trade at $1322.10 a troy ounce.

EUR/SAR was up 0.02% to 4.2966, while USD/SAR rose 0.00% to 3.7504.

The US Dollar Index Futures was up 0.03% at 95.333.

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