Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.11%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.11%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Monday, as losses in the Energy & Utilities , Financial Services and Insurance sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.11%.

The biggest gainers of the session on the Tadawul All Share were Saudi United Cooperative Insurance (SE: 8060 ), which rose 6.83% or 1.00 points to trade at 15.65 at the close. Arabian Pipes Company (SE: 2200 ) added 6.09% or 0.85 points to end at 14.80 and Malath Cooperative Insurance Co (SE: 8020 ) was up 3.49% or 0.55 points to 16.30 in late trade.

Biggest losers included Bupa Arabia for Coop. Insurance (SE: 8210 ), which lost 4.62% or 6.00 points to trade at 123.75 in late trade. Al Hammadi Co (SE: 4007 ) declined 3.21% or 1.30 points to end at 39.20 and Emaar The Economic City (SE: 4220 ) shed 2.51% or 0.35 points to 13.60.

Advancing stocks outnumbered falling ones by 84 to 64 and 22 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for September delivery was down 1.61% or 0.71 to $43.48 a barrel. Meanwhile, Brent oil for delivery in October fell 1.41% or 0.65 to hit $45.44 a barrel, while the December Gold contract fell 0.61% or 8.10 to trade at $1323.40 a troy ounce.

EUR/SAR was down 0.05% to 4.1155, while USD/SAR fell 0.02% to 3.7506.

The US Dollar Index was up 0.08% at 97.49.

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