Saudi Arabia shares lower at close of trade; Tadawul All Share down 1.48%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 1.48%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Monday, as losses in the Hotels & Tourism , Insurance and Real Estate Development sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 1.48%.

The biggest gainers of the session on the Tadawul All Share were Saudi Research and Marketing Group (SE: 4210 ), which rose 9.57% or 7.70 points to trade at 88.20 at the close. The Mediterranean&Gulf Insurance Co (SE: 8030 ) added 5.56% or 0.86 points to end at 16.34 and Northern Region Cement Co (SE: 3004 ) was up 2.91% or 0.27 points to 9.55 in late trade.

Biggest losers included Anb Insurance (SE: 8011 ), which lost 5.43% or 1.37 points to trade at 23.88 in late trade. The Company for Coop. Insurance (SE: 8010 ) declined 5.25% or 3.50 points to end at 63.20 and Al-Tayyar Travel Group Holding Co. (SE: 1810 ) shed 5.19% or 0.98 points to 17.90.

Declining stocks outnumbered rising ones by 149 to 34 and 7 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for June delivery was down 0.10% or 0.06 to $61.88 a barrel. Meanwhile, Brent oil for delivery in July rose 0.25% or 0.18 to hit $71.03 a barrel, while the June Gold Futures contract fell 0.11% or 1.35 to trade at $1279.95 a troy ounce.

EUR/SAR was down 0.10% to 4.1964, while USD/SAR rose 0.01% to 3.7503.

The US Dollar Index Futures was up 0.13% at 97.387.

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