Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.74%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.74%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Thursday, as losses in the Retail , Financial Services and Insurance sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.74%.

The biggest gainers of the session on the Tadawul All Share were Trade Union Cooperative Insurance (SE: 8170 ), which rose 3.91% or 0.61 points to trade at 16.22 at the close. National Medical Care Company (SE: 4005 ) added 3.15% or 1.80 points to end at 59.00 and Emaar The Economic City (SE: 4220 ) was up 2.55% or 0.25 points to 10.04 in late trade.

Biggest losers included The Saudi British Bank (SE: 1060 ), which lost 5.53% or 2.30 points to trade at 39.30 in late trade. Ash-Sharqiyah Development Company (SE: 6060 ) declined 4.05% or 1.90 points to end at 45.00 and Al Hammadi Co (SE: 4007 ) shed 4.02% or 0.92 points to 21.96.

Declining stocks outnumbered rising ones by 104 to 56 and 29 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for August delivery was up 4.15% or 2.24 to $56.21 a barrel. Meanwhile, Brent oil for delivery in August rose 2.93% or 1.81 to hit $63.63 a barrel, while the August Gold Futures contract rose 2.78% or 37.45 to trade at $1386.25 a troy ounce.

EUR/SAR was up 0.73% to 4.2398, while USD/SAR rose 0.01% to 3.7502.

The US Dollar Index Futures was down 0.46% at 96.135.

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