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 Sunday, as losses in the Hotels & Tourism , Energy & Utilities and Telecoms & IT 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 Saudi Steel Pipe Company (SE: 1320 ), which rose 10.00% or 1.90 points to trade at 20.90 at the close. Al Alamiya Cooperative Insurance (SE: 8280 ) added 9.05% or 2.80 points to end at 33.75 and United Electronics Company (SE: 4003 ) was up 4.19% or 2.40 points to 59.70 in late trade.

Biggest losers included Dur Hospitality (SE: 4010 ), which lost 3.20% or 0.64 points to trade at 19.34 in late trade. Alinma Bank (SE: 1150 ) declined 2.95% or 0.64 points to end at 21.06 and Al-Tayyar Travel Group Holding Co. (SE: 1810 ) shed 2.58% or 0.62 points to 23.38.

Declining stocks outnumbered rising ones by 106 to 57 and 21 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for October delivery was down 0.48% or 0.34 to $69.91 a barrel. Meanwhile, Brent oil for delivery in November fell 0.42% or 0.33 to hit $77.69 a barrel, while the December Gold Futures contract rose 0.16% or 1.90 to trade at $1206.90 a troy ounce.

EUR/SAR was down 0.57% to 4.3506, while USD/SAR fell 0.03% to 3.7494.

The US Dollar Index Futures was up 0.43% at 95.05.

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