Saudi Arabia shares lower at close of trade; Tadawul All Share down 1.29%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 1.29%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Tuesday, as losses in the Financial Services , Telecoms & IT and Agriculture & Food sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 1.29%.

The biggest gainers of the session on the Tadawul All Share were ALAHLI TAKAFUL COMPANY (SE: 8130 ), which rose 9.99% or 2.20 points to trade at 24.22 at the close. Saudi Industrial Export Co (SE: 4140 ) added 9.89% or 11.00 points to end at 122.20 and Umm Al-Qura (SE: 3005 ) was up 8.86% or 0.92 points to 11.30 in late trade.

Biggest losers included Arab National Bank (SE: 1080 ), which lost 9.86% or 3.40 points to trade at 31.10 in late trade. Banque Saudi Fransi (SE: 1050 ) declined 8.57% or 3.00 points to end at 32.00 and The Saudi British Bank (SE: 1060 ) shed 7.04% or 2.50 points to 33.00.

Advancing stocks outnumbered falling ones by 158 to 27 and 2 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for December delivery was down 2.05% or 1.42 to $67.75 a barrel. Meanwhile, Brent oil for delivery in December fell 2.39% or 1.91 to hit $77.92 a barrel, while the December Gold Futures contract rose 1.69% or 20.60 to trade at $1241.80 a troy ounce.

EUR/SAR was down 0.08% to 4.2985, while USD/SAR fell 0.03% to 3.7512.

The US Dollar Index Futures was down 0.05% at 95.70.

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