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. – Saudi Arabia equities were lower at the close on Thursday, as losses in the Media & Publishing , Insurance and Petrochemicals sectors propelled shares lower.

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

The biggest gainers of the session on the Tadawul All Share were National Gas & Industrialization Co (SE: 2080 ), which rose 6.75% or 1.65 points to trade at 26.10 at the close. Saudi Advanced Industries Co. (SE: 2120 ) added 2.82% or 0.30 points to end at 10.95 and Dar Alarkan Real Estate Development (SE: 4300 ) was up 2.59% or 0.15 points to 5.95 in late trade.

Biggest losers included Al-Rajhi Cooperative Insurance (SE: 8230 ), which lost 8.46% or 2.20 points to trade at 23.80 in late trade. United Cooperative Assurance Co (SE: 8190 ) declined 5.93% or 0.70 points to end at 11.10 and Yanbu National Petrochemical Co (SE: 2290 ) shed 4.37% or 1.90 points to 41.60.

Declining stocks outnumbered rising ones by 115 to 29 and 25 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for July delivery was down 1.65% or 0.79 to $47.22 a barrel. Meanwhile, Brent oil for delivery in August fell 1.65% or 0.81 to hit $48.16 a barrel, while the August Gold contract rose 2.01% or 25.85 to trade at $1314.15 a troy ounce.

EUR/SAR was down 0.92% to 4.1843, while USD/SAR rose 0.00% to 3.7504.

The US Dollar Index was up 0.59% at 95.23.

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