Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.62%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.62%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Sunday, as losses in the Retail , Hotels & Tourism and Financial Services sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.62%.

The biggest gainers of the session on the Tadawul All Share were Saudi Research and Marketing Group (SE: 4210 ), which rose 9.98% or 6.76 points to trade at 74.50 at the close. Salama Cooperative Insurance Co (SE: 8050 ) added 7.94% or 2.28 points to end at 31.00 and Al-Rajhi Cooperative Insurance (SE: 8230 ) was up 6.64% or 4.47 points to 71.80 in late trade.

Biggest losers included The Mediterranean&Gulf Insurance Co (SE: 8030 ), which lost 9.94% or 2.46 points to trade at 22.30 in late trade. Jarir Marketing Co (SE: 4190 ) declined 4.24% or 7.09 points to end at 160.00 and Al Hammadi Co (SE: 4007 ) shed 2.78% or 1.08 points to 37.70.

Declining stocks outnumbered rising ones by 106 to 75 and 1 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for March delivery was down 1.11% or 0.73 to $65.07 a barrel. Meanwhile, Brent oil for delivery in April fell 1.51% or 1.05 to hit $68.60 a barrel, while the April Gold Futures contract fell 0.91% or 12.20 to trade at $1335.70 a troy ounce.

EUR/SAR was down 0.40% to 4.6733, while USD/SAR rose 0.04% to 3.7508.

The US Dollar Index Futures was up 0.63% at 89.04.

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