Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.58%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.58%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Sunday, as losses in the Media & Publishing , Telecoms & IT and Petrochemicals sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 0.58%.

The biggest gainers of the session on the Tadawul All Share were AXA Cooperative Insurance Company (SE: 8250 ), which rose 10.00% or 2.40 points to trade at 26.40 at the close. United Cooperative Assurance Co (SE: 8190 ) added 4.67% or 0.50 points to end at 11.20 and Saudi RE Cooperative Reinsurance (SE: 8200 ) was up 3.27% or 0.24 points to 7.58 in late trade.

Biggest losers included Saudi Research and Marketing Group (SE: 4210 ), which lost 2.63% or 2.00 points to trade at 74.00 in late trade. Yanbu National Petrochemical Co (SE: 2290 ) declined 2.56% or 1.90 points to end at 72.20 and Saudi Cable Company (SE: 2110 ) shed 2.40% or 1.00 points to 40.60.

Declining stocks outnumbered rising ones by 101 to 73 and 13 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for May delivery was up 1.88% or 1.17 to $63.27 a barrel. Meanwhile, Brent oil for delivery in June rose 1.46% or 1.01 to hit $70.41 a barrel, while the June Gold Futures contract rose 0.12% or 1.50 to trade at $1295.80 a troy ounce.

EUR/SAR was up 0.09% to 4.2113, while USD/SAR rose 0.01% to 3.7506.

The US Dollar Index Futures was up 0.08% at 96.998.

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