Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.60%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.60%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Sunday, as losses in the Hotels & Tourism , Real Estate Development and Petrochemicals sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 0.60% to hit a new 6-month low.

The biggest gainers of the session on the Tadawul All Share were Takween Advanced Industries (SE: 1201 ), which rose 9.78% or 1.27 points to trade at 14.25 at the close. Mobile Telecommunications Company (SE: 7030 ) added 9.30% or 0.60 points to end at 7.05 and Saudi United Cooperative Insurance (SE: 8060 ) was up 5.10% or 0.80 points to 16.50 in late trade.

Biggest losers included Umm Al-Qura (SE: 3005 ), which lost 3.73% or 0.70 points to trade at 18.05 in late trade. Halwani Bros (SE: 6001 ) declined 3.41% or 1.50 points to end at 42.50 and Saudi vitrified clay pipes co. (SE: 2360 ) shed 3.36% or 2.50 points to 72.00.

Declining stocks outnumbered rising ones by 122 to 30 and 17 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for November delivery was down 3.67% or 1.70 to $44.62 a barrel. Meanwhile, Brent oil for delivery in December unchanged 0.00% or 0.00 to hit $46.48 a barrel, while the December Gold contract fell 0.23% or 3.15 to trade at $1341.55 a troy ounce.

EUR/SAR was up 0.17% to 4.2104, while USD/SAR fell 0.01% to 3.7502.

The US Dollar Index was up 0.10% at 95.41.

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