Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.59%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.59%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Thursday, as losses in the Retail , Agriculture & Food and Telecoms & IT sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.59% to hit a new 6-month low.

The biggest gainers of the session on the Tadawul All Share were Al-Rajhi Cooperative Insurance (SE: 8230 ), which rose 4.69% or 2.50 points to trade at 55.80 at the close. Saudi Real Estate Co. (SE: 4020 ) added 3.81% or 0.52 points to end at 14.16 and The National Shipping Co. (SE: 4030 ) was up 2.99% or 0.90 points to 31.00 in late trade.

Biggest losers included The Mediterranean&Gulf Insurance Co (SE: 8030 ), which lost 7.38% or 1.18 points to trade at 14.82 in late trade. Saudi Fisheries Co. (SE: 6050 ) declined 3.56% or 0.72 points to end at 19.50 and Saudi Company for Hardware (SE: 4008 ) shed 3.10% or 2.20 points to 68.80.

Declining stocks outnumbered rising ones by 104 to 60 and 16 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for October delivery was down 1.28% or 0.90 to $69.47 a barrel. Meanwhile, Brent oil for delivery in November fell 0.78% or 0.62 to hit $79.12 a barrel, while the December Gold Futures contract rose 0.44% or 5.30 to trade at $1216.20 a troy ounce.

EUR/SAR was up 0.43% to 4.3800, while USD/SAR rose 0.01% to 3.7506.

The US Dollar Index Futures was down 0.31% at 94.53.

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