Saudi Arabia shares lower at close of trade; Tadawul All Share down 2.16%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 2.16%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Sunday, as losses in the Industrial Investment , Telecoms & IT and Media & Publishing sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 2.16% to hit a new 1-month low.

The biggest gainers of the session on the Tadawul All Share were Al Sorayai Trading&Industrial Group (SE: 1213 ), which rose 5.58% or 0.76 points to trade at 14.38 at the close. Food Products Co. (SE: 2100 ) added 5.26% or 0.82 points to end at 16.42 and Knowledge Economic City (SE: 4310 ) was up 1.56% or 0.15 points to 9.75 in late trade.

Biggest losers included Saudi Industrial Export Co (SE: 4140 ), which lost 10.00% or 13.40 points to trade at 120.60 in late trade. Falcom Petrochemical declined 8.21% or 2.80 points to end at 31.30 and Amana Cooperative Insurance Co (SE: 8310 ) shed 5.82% or 1.10 points to 17.80.

Declining stocks outnumbered rising ones by 169 to 13 and 3 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for January delivery was unchanged 0.00% or 0.00 to $56.68 a barrel. Meanwhile, Brent oil for delivery in January rose 0.57% or 0.38 to hit $67.00 a barrel, while the December Gold Futures contract rose 1.90% or 22.80 to trade at $1222.00 a troy ounce.

EUR/SAR was up 0.84% to 4.2850, while USD/SAR rose 0.04% to 3.7531.

The US Dollar Index Futures was down 0.50% at 96.31.

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