Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.42%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.42%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Monday, as losses in the Media & Publishing , Telecoms & IT and Real Estate Development sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.42%.

The biggest gainers of the session on the Tadawul All Share were Rabigh Refining & Petrochemical Co (SE: 2380 ), which rose 2.78% or 0.75 points to trade at 27.75 at the close. Al Alamiya Cooperative Insurance (SE: 8280 ) added 2.75% or 0.80 points to end at 29.90 and United Int Transportation Company (SE: 4260 ) was up 1.97% or 0.65 points to 33.65 in late trade.

Biggest losers included Emaar The Economic City (SE: 4220 ), which lost 9.89% or 1.28 points to trade at 11.66 in late trade. Al Sorayai Trading&Industrial Group (SE: 1213 ) declined 7.40% or 1.24 points to end at 15.52 and Etihad Etisalat Co (SE: 7020 ) shed 5.91% or 1.22 points to 19.44.

Declining stocks outnumbered rising ones by 111 to 52 and 17 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for July delivery was down 1.08% or 0.71 to $65.03 a barrel. Meanwhile, Brent oil for delivery in August fell 1.05% or 0.80 to hit $75.66 a barrel, while the August Gold Futures contract fell 0.02% or 0.20 to trade at $1302.50 a troy ounce.

EUR/SAR was up 0.24% to 4.4244, while USD/SAR fell 0.00% to 3.7501.

The US Dollar Index Futures was down 0.02% at 93.53.

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