Saudi Arabia shares lower at close of trade; Tadawul All Share down 3.79%

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Saudi Arabia shares lower at close of trade; Tadawul All Share down 3.79%
Credit: © Reuters. – Saudi Arabia equities were lower at the close on Tuesday, as losses in the Hotels & Tourism , Media & Publishing and Transport sectors propelled shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 3.79% to hit a new 6-month low.

The biggest gainers of the session on the Tadawul All Share were Tihama Advertising&Public Relations (SE: 4070 ), which unchanged 0.00% or 0.00 points to trade at 25.70 at the close. Halwani Bros (SE: 6001 ) fell 0.47% or 0.20 points to end at 42.50 and Yanbu Cement Co. (SE: 3060 ) was down 0.58% or 0.20 points to 34.50 in late trade.

Biggest losers included Al-Ahlia Insurance Company (SE: 8140 ), which lost 10.28% or 0.55 points to trade at 4.80 in late trade. Allianz Saudi Fransi Cooperative Insurance Company (SE: 8040 ) declined 10.19% or 2.45 points to end at 21.60 and Al Alamiya Cooperative Insurance (SE: 8280 ) shed 10.19% or 2.65 points to 23.35.

Declining stocks outnumbered rising ones by 169 to 0 on the Saudi Arabia Stock Exchange.

In commodities trading, Crude oil for November delivery was down 2.85% or 1.31 to $44.62 a barrel. Meanwhile, Brent oil for delivery in December fell 2.82% or 1.35 to hit $46.58 a barrel, while the December Gold contract fell 0.79% or 10.65 to trade at $1333.45 a troy ounce.

EUR/SAR was down 0.45% to 4.2018, while USD/SAR rose 0.01% to 3.7510.

The US Dollar Index was up 0.32% at 95.51.

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