Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.37%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.37%
Credit: © Reuters.

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

At the close in Saudi Arabia, the Tadawul All Share fell 0.37%.

The biggest gainers of the session on the Tadawul All Share were National Agriculture Development Co (SE: 6010 ), which rose 8.07% or 2.60 points to trade at 34.80 at the close. Al Alamiya Cooperative Insurance (SE: 8280 ) added 3.77% or 0.90 points to end at 24.80 and Arabian Shield Coop Insurance Co (SE: 8070 ) was up 3.06% or 1.75 points to 59.00 in late trade.

Biggest losers included Eastern Province Cement Co. (SE: 3080 ), which lost 7.59% or 2.30 points to trade at 28.00 in late trade. Bank AlJazira (SE: 1020 ) declined 4.26% or 0.53 points to end at 11.90 and Saudi Telecom (SE: 7010 ) shed 3.53% or 2.50 points to 68.25.

Declining stocks outnumbered rising ones by 114 to 41 and 22 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for May delivery was down 0.08% or 0.04 to $53.04 a barrel. Meanwhile, Brent oil for delivery in June fell 0.16% or 0.09 to hit $55.89 a barrel, while the June Gold Futures contract rose 0.85% or 10.65 to trade at $1264.55 a troy ounce.

EUR/SAR was up 0.17% to 3.9804, while USD/SAR rose 0.02% to 3.7512.

The US Dollar Index Futures was down 0.21% at 100.73.

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