Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.16%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.16%
Credit: © Reuters.

Investing.com – Saudi Arabia equities were lower at the close on Sunday, as losses in the Retail , Insurance and Financial Services sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.16%.

The biggest gainers of the session on the Tadawul All Share were AlJazira Mawten REIT (SE: 4331 ), which rose 9.82% or 1.95 points to trade at 21.80 at the close. Riyad REIT (SE: 4330 ) added 8.11% or 1.05 points to end at 14.00 and Saudi Kayan Petrochemical Company (SE: 2350 ) was up 4.43% or 0.35 points to 8.25 in late trade.

Biggest losers included Saudi Industrial Investment Group (SE: 2250 ), which lost 3.64% or 0.75 points to trade at 19.85 in late trade. The Saudi British Bank (SE: 1060 ) declined 2.87% or 0.65 points to end at 22.00 and Abdullah Al Othaim Markets Company (SE: 4001 ) shed 2.73% or 3.00 points to 107.00.

Declining stocks outnumbered rising ones by 77 to 73 and 27 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for May delivery was up 0.91% or 0.46 to $50.81 a barrel. Meanwhile, Brent oil for delivery in June rose 1.07% or 0.57 to hit $53.70 a barrel, while the April Gold Futures contract rose 0.19% or 2.40 to trade at $1247.40 a troy ounce.

EUR/SAR was down 0.19% to 3.9955, while USD/SAR fell 0.00% to 3.7501.

The US Dollar Index Futures was down 0.03% at 100.42.

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