Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.25%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.25%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Thursday, as losses in the Retail , Hotels & Tourism and Agriculture & Food sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.25%.

The biggest gainers of the session on the Tadawul All Share were Saudi Indian Company Insurance (SE: 8110 ), which rose 9.50% or 0.85 points to trade at 9.80 at the close. Al-Rajhi Cooperative Insurance (SE: 8230 ) added 7.57% or 1.60 points to end at 22.75 and Gulf Union Cooperative Insurance (SE: 8120 ) was up 5.85% or 0.55 points to 9.95 in late trade.

Biggest losers included Saudi Kayan Petrochemical Company (SE: 2350 ), which lost 3.74% or 0.20 points to trade at 5.15 in late trade. Al Hammadi Co (SE: 4007 ) declined 3.63% or 1.50 points to end at 39.80 and Advanced Petrochemical Company (SE: 2330 ) shed 3.46% or 1.40 points to 39.10.

Declining stocks outnumbered rising ones by 98 to 50 and 19 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for April delivery was down 0.05% or 0.02 to $38.27 a barrel. Meanwhile, Brent oil for delivery in May fell 0.78% or 0.32 to hit $40.75 a barrel, while the April Gold contract fell 0.84% or 10.50 to trade at $1246.90 a troy ounce.

EUR/SAR was down 1.34% to 4.0720, while USD/SAR fell 0.01% to 3.7499.

The US Dollar Index was up 1.00% at 98.16.

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