Saudi Arabia shares lower at close of trade; Tadawul All Share down 1.12%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 1.12%
Credit: © Reuters.

Investing.com – Saudi Arabia equities were lower at the close on Monday, as losses in the Media & Publishing , Real Estate Development and Telecoms & IT sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 1.12%.

The biggest gainers of the session on the Tadawul All Share were Tourism Enterprise Co. (SE: 4170 ), which rose 6.20% or 1.70 points to trade at 29.10 at the close. Ash-Sharqiyah Development Company (SE: 6060 ) added 5.30% or 1.70 points to end at 33.80 and Saudi vitrified clay pipes co. (SE: 2360 ) was up 5.00% or 3.25 points to 68.25 in late trade.

Biggest losers included The Saudi British Bank (SE: 1060 ), which lost 4.66% or 1.10 points to trade at 22.50 in late trade. Samba Financial Group (SE: 1090 ) declined 4.37% or 1.00 points to end at 21.90 and ALAHLI TAKAFUL COMPANY (SE: 8130 ) shed 4.32% or 1.40 points to 31.00.

Declining stocks outnumbered rising ones by 116 to 41 and 12 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for January delivery was up 1.98% or 0.92 to $47.28 a barrel. Meanwhile, Brent oil for delivery in January rose 2.09% or 0.98 to hit $47.84 a barrel, while the December Gold contract rose 0.50% or 6.00 to trade at $1214.70 a troy ounce.

EUR/SAR was up 0.35% to 3.9860, while USD/SAR rose 0.01% to 3.7511.

The US Dollar Index was down 0.37% at 101.03.

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