Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.38%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.38%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Tuesday, as losses in the Transport , Industrial Investment and Petrochemicals sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.38%.

The biggest gainers of the session on the Tadawul All Share were Saudi RE Cooperative Reinsurance (SE: 8200 ), which rose 10.76% or 0.85 points to trade at 8.75 at the close. Al-Ahlia Insurance Company (SE: 8140 ) added 5.93% or 0.40 points to end at 7.15 and Saudia Dairy and Foodstuff .Co (SE: 2270 ) was up 3.59% or 4.25 points to 122.50 in late trade.

Biggest losers included Saudi Company for Hardware (SE: 4008 ), which lost 2.81% or 2.75 points to trade at 95.25 in late trade. Saudi Industrial Export Co (SE: 4140 ) declined 2.54% or 0.90 points to end at 34.50 and National Gypsum Company (SE: 2090 ) shed 2.44% or 0.35 points to 14.00.

Declining stocks outnumbered rising ones by 101 to 41 and 28 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for March delivery was up 0.76% or 0.40 to $53.33 a barrel. Meanwhile, Brent oil for delivery in April rose 0.92% or 0.51 to hit $56.10 a barrel, while the April Gold Futures contract rose 0.62% or 7.55 to trade at $1233.35 a troy ounce.

EUR/SAR was up 0.24% to 3.9840, while USD/SAR unchanged 0.00% to 3.7504.

The US Dollar Index Futures was down 0.21% at 100.79.

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