Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.71%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.71%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Tuesday, as losses in the Hotels & Tourism , Retail and Financial Services sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.71%.

The biggest gainers of the session on the Tadawul All Share were Saudi Industrial Export Co (SE: 4140 ), which rose 9.95% or 21.60 points to trade at 238.60 at the close. Al-Rajhi Cooperative Insurance (SE: 8230 ) added 4.35% or 2.40 points to end at 57.60 and Saudi Cable Company (SE: 2110 ) was up 3.32% or 0.78 points to 24.28 in late trade.

Biggest losers included Banque Saudi Fransi (SE: 1050 ), which lost 3.77% or 1.25 points to trade at 31.95 in late trade. United Electronics Company (SE: 4003 ) declined 3.74% or 2.00 points to end at 51.50 and Saudi United Cooperative Insurance (SE: 8060 ) shed 3.31% or 0.78 points to 22.80.

Declining stocks outnumbered rising ones by 131 to 43 and 9 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for November delivery was up 0.20% or 0.15 to $75.45 a barrel. Meanwhile, Brent oil for delivery in December fell 0.08% or 0.07 to hit $84.91 a barrel, while the December Gold Futures contract rose 1.02% or 12.20 to trade at $1203.90 a troy ounce.

EUR/SAR was down 0.32% to 4.3281, while USD/SAR fell 0.02% to 3.7496.

The US Dollar Index Futures was up 0.26% at 95.17.

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