Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.50%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.50%
Credit: © Reuters.

Investing.com – Saudi Arabia equities were lower at the close on Tuesday, as losses in the Industrial Investment , Insurance and Retail sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 0.50%.

The biggest gainers of the session on the Tadawul All Share were Salama Cooperative Insurance Co (SE: 8050 ), which rose 4.52% or 1.02 points to trade at 23.60 at the close. Malath Cooperative Insurance Co (SE: 8020 ) added 3.27% or 0.48 points to end at 15.16 and Rabigh Refining & Petrochemical Co (SE: 2380 ) was up 3.14% or 0.90 points to 29.55 in late trade.

Biggest losers included Saudi Company for Hardware (SE: 4008 ), which lost 10.00% or 10.70 points to trade at 96.30 in late trade. Middle East Specialized Cables Co (SE: 2370 ) declined 9.89% or 0.79 points to end at 7.20 and Al Hokair Group (SE: 1820 ) shed 3.67% or 0.78 points to 20.50.

Declining stocks outnumbered rising ones by 130 to 43 and 12 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for September delivery was up 0.03% or 0.02 to $67.91 a barrel. Meanwhile, Brent oil for delivery in September fell 0.33% or 0.24 to hit $72.82 a barrel, while the August Gold Futures contract rose 0.07% or 0.80 to trade at $1226.40 a troy ounce.

EUR/SAR was up 0.05% to 4.3868, while USD/SAR rose 0.01% to 3.7506.

The US Dollar Index Futures was down 0.10% at 94.33.

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