Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.07%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.07%
Credit: © Reuters.

Investing.com – Saudi Arabia equities were lower at the close on Tuesday, as losses in the Energy & Utilities , Industrial Investment and Multi Investment sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.07%.

The biggest gainers of the session on the Tadawul All Share were Al-Ahlia Insurance Company (SE: 8140 ), which rose 10.48% or 0.65 points to trade at 6.85 at the close. Saudi Indian Company Insurance (SE: 8110 ) added 9.90% or 0.95 points to end at 10.55 and Gulf Union Cooperative Insurance (SE: 8120 ) was up 9.36% or 0.95 points to 11.10 in late trade.

Biggest losers included Saudi Industrial Investment Group (SE: 2250 ), which lost 4.48% or 0.60 points to trade at 12.80 in late trade. Mobile Telecommunications Company (SE: 7030 ) declined 4.44% or 0.40 points to end at 8.60 and Rabigh Refining & Petrochemical Co (SE: 2380 ) shed 3.95% or 0.45 points to 10.95.

Declining stocks outnumbered rising ones by 95 to 56 and 16 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for May delivery was down 1.64% or 0.68 to $40.84 a barrel. Meanwhile, Brent oil for delivery in May fell 1.18% or 0.49 to hit $41.05 a barrel, while the April Gold contract rose 0.72% or 8.90 to trade at $1253.10 a troy ounce.

EUR/SAR was down 0.24% to 4.2065, while USD/SAR fell 0.01% to 3.7500.

The US Dollar Index was up 0.24% at 95.63.

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