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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.84% By


© Reuters Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.84% – Saudi Arabia stocks were lower after the close on Monday, as losses in the , and sectors led shares lower.

At the close in Saudi Arabia, the lost 0.84%.

The best performers of the session on the were Dar Alarkan Real Estate Development (TADAWUL:), which rose 7.44% or 0.90 points to trade at 13.00 at the close. Meanwhile, AXA Cooperative Insurance Company SJSC (TADAWUL:) added 5.00% or 1.20 points to end at 25.20 and Baazeem Trading Co (TADAWUL:) was up 4.29% or 2.80 points to 68.00 in late trade.

The worst performers of the session were United Cooperative Assurance Co (TADAWUL:), which fell 9.89% or 1.58 points to trade at 14.40 at the close. Nayifat Finance Co (TADAWUL:) declined 5.51% or 1.50 points to end at 25.70 and Saudi Ceramic Co. (TADAWUL:) was down 3.79% or 1.40 points to 35.55.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 157 to 70 and 10 ended unchanged.

Shares in United Cooperative Assurance Co (TADAWUL:) fell to 52-week lows; falling 9.89% or 1.58 to 14.40.

Crude oil for September delivery was up 1.28% or 1.21 to $95.91 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.88% or 0.87 to hit $99.25 a barrel, while the August Gold Futures contract fell 0.65% or 11.30 to trade at $1,716.10 a troy ounce.

EUR/SAR was up 0.34% to 3.85, while USD/SAR unchanged 0.03% to 3.76.

The US Dollar Index Futures was down 0.43% at 106.17.

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