Saudi Arabia shares lower at close of trade; Tadawul All Share down 1.65%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 1.65%
Credit: © Reuters.

Investing.com – Saudi Arabia equities were lower at the close on Monday, as losses in the Media & Publishing , Industrial Investment and Cement sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 1.65% to hit a new 3-month low.

The biggest gainers of the session on the Tadawul All Share were Arabian Shield Coop Insurance Co (SE: 8070 ), which rose 2.13% or 0.50 points to trade at 24.00 at the close. Saudi Electricity Company (SE: 5110 ) added 1.30% or 0.25 points to end at 19.50 and Saudi Industrial Export Co (SE: 4140 ) was up 0.54% or 0.20 points to 37.50 in late trade.

Biggest losers included The National Co for Glass Industrie (SE: 2150 ), which lost 8.68% or 1.90 points to trade at 20.00 in late trade. Saudi Industrial Investment Group (SE: 2250 ) declined 7.72% or 1.05 points to end at 12.55 and Al Hassan Ghazi Ibrahim Shaker (SE: 1214 ) shed 6.53% or 1.30 points to 18.60.

Declining stocks outnumbered rising ones by 159 to 4 and 6 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for October delivery was down 2.12% or 1.04 to $48.07 a barrel. Meanwhile, Brent oil for delivery in October fell 2.54% or 1.29 to hit $49.59 a barrel, while the December Gold contract fell 0.30% or 4.10 to trade at $1342.10 a troy ounce.

EUR/SAR was down 0.12% to 4.2415, while USD/SAR rose 0.01% to 3.7504.

The US Dollar Index was up 0.10% at 94.57.

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