Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.48%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.48%
Credit: © Reuters.

Investing.com – Saudi Arabia equities were lower at the close on Monday, as losses in the Media & Publishing , Insurance and Cement sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.48%.

The biggest gainers of the session on the Tadawul All Share were Aldrees Petroleum & Transport Svcs (SE: 4200 ), which rose 2.86% or 0.85 points to trade at 30.55 at the close. National Metal Manufacturing Co. (SE: 2220 ) added 2.35% or 0.42 points to end at 18.32 and National Gas & Industrialization Co (SE: 2080 ) was up 2.20% or 0.70 points to 32.50 in late trade.

Biggest losers included Saudi Kayan Petrochemical Company (SE: 2350 ), which lost 5.37% or 0.76 points to trade at 13.40 in late trade. ACE ARABIA COOPERATIVE INSURANCE (SE: 8240 ) declined 3.71% or 1.00 points to end at 25.95 and Saudi Chemical Company (SE: 2230 ) shed 3.41% or 1.20 points to 33.95.

Declining stocks outnumbered rising ones by 144 to 33 and 11 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for June delivery was up 2.53% or 1.62 to $65.69 a barrel. Meanwhile, Brent oil for delivery in June rose 2.77% or 1.99 to hit $73.96 a barrel, while the June Gold Futures contract rose 0.10% or 1.25 to trade at $1277.25 a troy ounce.

EUR/SAR was up 0.12% to 4.2212, while USD/SAR rose 0.01% to 3.7502.

The US Dollar Index Futures was down 0.18% at 96.972.

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