Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.52%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.52%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Sunday, as losses in the Insurance , Hotels & Tourism and Multi Investment sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.52%.

The biggest gainers of the session on the Tadawul All Share were ACE ARABIA COOPERATIVE INSURANCE (SE: 8240 ), which rose 9.88% or 2.58 points to trade at 28.70 at the close. Dar Alarkan Real Estate Development (SE: 4300 ) added 4.34% or 0.30 points to end at 7.21 and Saudi Arabian Amiantit Co. (SE: 2160 ) was up 3.77% or 0.25 points to 6.88 in late trade.

Biggest losers included Salama Cooperative Insurance Co (SE: 8050 ), which lost 3.89% or 1.01 points to trade at 24.96 in late trade. The Company for Coop. Insurance (SE: 8010 ) declined 3.54% or 3.44 points to end at 93.60 and Tabuk Cement Co. (SE: 3090 ) shed 2.29% or 0.24 points to 10.26.

Declining stocks outnumbered rising ones by 119 to 50 and 8 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for December delivery was unchanged 0.00% or 0.00 to $51.84 a barrel. Meanwhile, Brent oil for delivery in December rose 1.17% or 0.67 to hit $57.90 a barrel, while the December Gold Futures contract fell 0.59% or 7.58 to trade at $1282.42 a troy ounce.

EUR/SAR was down 0.63% to 4.4179, while USD/SAR rose 0.01% to 3.7506.

The US Dollar Index Futures was up 0.61% at 93.57.

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