Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.69%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 0.69%
Credit: © Reuters.

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

At the close in Saudi Arabia, the Tadawul All Share lost 0.69%.

The biggest gainers of the session on the Tadawul All Share were City Cement Co (SE: 3003 ), which rose 5.44% or 0.80 points to trade at 15.50 at the close. United Wire Factories Company (SE: 1301 ) added 3.60% or 1.00 points to end at 28.80 and Saudi Indian Company Insurance (SE: 8110 ) was up 3.33% or 0.60 points to 18.60 in late trade.

Biggest losers included Etihad Etisalat Co (SE: 7020 ), which lost 4.20% or 1.20 points to trade at 27.40 in late trade. Halwani Bros (SE: 6001 ) declined 4.07% or 2.50 points to end at 59.00 and Arabian Pipes Company (SE: 2200 ) shed 3.72% or 0.55 points to 14.25.

Declining stocks outnumbered rising ones by 131 to 31 and 7 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for September delivery was down 1.02% or 0.44 to $42.69 a barrel. Meanwhile, Brent oil for delivery in October rose 0.02% or 0.01 to hit $44.92 a barrel, while the December Gold contract rose 0.04% or 0.50 to trade at $1327.70 a troy ounce.

EUR/SAR was up 0.03% to 4.1213, while USD/SAR rose 0.03% to 3.7515.

The US Dollar Index was down 0.11% at 97.17.

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