Saudi Arabia shares lower at close of trade; Tadawul All Share down 2.09%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 2.09%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Tuesday, as losses in the Insurance , Real Estate Development and Hotels & Tourism sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 2.09%.

The biggest gainers of the session on the Tadawul All Share were Saudi Research and Marketing Group (SE: 4210 ), which rose 6.14% or 1.70 points to trade at 29.40 at the close. Saudi Printing & Packaging Company (SE: 4270 ) added 3.52% or 0.60 points to end at 17.65 and Gulf General Cooperative Insurance (SE: 8260 ) was up 3.15% or 0.40 points to 13.10 in late trade.

Biggest losers included The Company for Coop. Insurance (SE: 8010 ), which lost 9.18% or 9.00 points to trade at 89.00 in late trade. United Int Transportation Company (SE: 4260 ) declined 9.06% or 2.90 points to end at 29.10 and Bupa Arabia for Coop. Insurance (SE: 8210 ) shed 6.40% or 8.75 points to 128.00.

Declining stocks outnumbered rising ones by 129 to 25 and 15 ended unchanged on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for December delivery was up 3.21% or 1.39 to $44.71 a barrel. Meanwhile, Brent oil for delivery in January rose 3.11% or 1.38 to hit $45.81 a barrel, while the December Gold contract rose 0.29% or 3.55 to trade at $1225.25 a troy ounce.

EUR/SAR was up 0.24% to 4.0369, while USD/SAR unchanged 0.00% to 3.7504.

The US Dollar Index was down 0.12% at 99.91.

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