Saudi Arabia shares lower at close of trade; Tadawul All Share down 2.00%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 2.00%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Sunday, as losses in the Agriculture & Food , Financial Services and Hotels & Tourism sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 2.00% to hit a new 3-month low.

The biggest gainers of the session on the Tadawul All Share were Arabia Insurance Cooperative Co (SE: 8160 ), which rose 9.80% or 1.46 points to trade at 16.36 at the close. Saudi Advanced Industries Co. (SE: 2120 ) added 2.33% or 0.28 points to end at 12.30 and National Medical Care Company (SE: 4005 ) was up 2.30% or 1.20 points to 53.40 in late trade.

Biggest losers included Savola Group (SE: 2050 ), which lost 6.17% or 1.95 points to trade at 29.65 in late trade. Saudi Int Petrochemical Co (SE: 2310 ) declined 4.18% or 0.92 points to end at 21.08 and Saudi United Cooperative Insurance (SE: 8060 ) shed 3.88% or 0.70 points to 17.32.

Declining stocks outnumbered rising ones by 158 to 23 and 6 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for July delivery was up 1.88% or 1.09 to $59.00 a barrel. Meanwhile, Brent oil for delivery in August unchanged 0.00% or 0.00 to hit $67.47 a barrel, while the June Gold Futures contract fell 0.09% or 1.10 to trade at $1284.30 a troy ounce.

EUR/SAR was up 0.28% to 4.2040, while USD/SAR rose 0.00% to 3.7500.

The US Dollar Index Futures was down 0.26% at 97.465.

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