Saudi Arabia shares lower at close of trade; Tadawul All Share down 1.44%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 1.44%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Thursday, as losses in the Telecoms & IT , Media & Publishing and Retail sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 1.44%.

The biggest gainers of the session on the Tadawul All Share were National Medical Care Company (SE: 4005 ), which rose 5.45% or 2.70 points to trade at 52.20 at the close. Anb Insurance (SE: 8011 ) added 2.72% or 0.58 points to end at 21.90 and Southern Province Cement Co. (SE: 3050 ) was up 2.06% or 0.95 points to 47.00 in late trade.

Biggest losers included Saudi United Cooperative Insurance (SE: 8060 ), which lost 4.15% or 0.78 points to trade at 18.02 in late trade. Al Alamiya Cooperative Insurance (SE: 8280 ) declined 4.07% or 0.90 points to end at 21.20 and Allianz Saudi Fransi Cooperative Insurance Company (SE: 8040 ) shed 3.74% or 0.88 points to 22.64.

Declining stocks outnumbered rising ones by 150 to 22 and 13 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for July delivery was down 5.03% or 3.09 to $58.33 a barrel. Meanwhile, Brent oil for delivery in July fell 4.34% or 3.08 to hit $67.91 a barrel, while the June Gold Futures contract rose 0.77% or 9.75 to trade at $1283.95 a troy ounce.

EUR/SAR was down 0.04% to 4.1801, while USD/SAR rose 0.01% to 3.7502.

The US Dollar Index Futures was up 0.10% at 97.975.

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