Saudi Arabia shares lower at close of trade; Tadawul All Share down 3.51%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 3.51%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Sunday, as losses in the Media & Publishing , Agriculture & Food and Insurance sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 3.51% to hit a new 6-month low.

The biggest gainers of the session on the Tadawul All Share were Saudi Industrial Export Co (SE: 4140 ), which rose 9.95% or 5.70 points to trade at 63.00 at the close. Banque Saudi Fransi (SE: 1050 ) added 3.51% or 1.05 points to end at 31.00 and Samba Financial Group (SE: 1090 ) was up 3.33% or 1.00 points to 31.00 in late trade.

Biggest losers included Saudi Enaya Cooperative Insurance (SE: 8311 ), which lost 10.00% or 1.80 points to trade at 16.20 in late trade. Malath Cooperative Insurance Co (SE: 8020 ) declined 10.00% or 1.09 points to end at 9.81 and Alujain Corporation (SE: 2170 ) shed 10.00% or 2.38 points to 21.42.

Declining stocks outnumbered rising ones by 179 to 7 on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for November delivery was up 0.72% or 0.51 to $71.48 a barrel. Meanwhile, Brent oil for delivery in December rose 0.30% or 0.24 to hit $80.50 a barrel, while the December Gold Futures contract fell 0.49% or 6.00 to trade at $1221.60 a troy ounce.

EUR/SAR was down 0.27% to 4.3362, while USD/SAR rose 0.02% to 3.7510.

The US Dollar Index Futures was up 0.26% at 94.94.

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