Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.87%

0 – Saudi Arabia stocks were lower after the close on Monday, as losses in the Telecoms & ITPetrochemicals and Energy & Utilities sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.87%.

The best performers of the session on the Tadawul All Share were Alinma Tokio Marine Co (SE:8312), which rose 10.00% or 1.04 points to trade at 11.44 at the close. Meanwhile, Tabuk Agriculture Development Co (SE:6040) added 5.30% or 0.39 points to end at 7.75 and Anaam International Holding Group (SE:4061) was up 5.22% or 0.49 points to 9.87 in late trade.

The worst performers of the session were Herfy Food Services Co (SE:6002), which fell 2.78% or 1.50 points to trade at 52.50 at the close. The National Shipping Co. (SE:4030) declined 2.68% or 0.90 points to end at 32.70 and Banque Saudi Fransi (SE:1050) was down 2.51% or 0.85 points to 33.00.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 104 to 71 and 21 ended unchanged.

Crude oil for January delivery was up 1.99% or 1.10 to $56.27 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 1.75% or 1.06 to hit $61.55 a barrel, while the February Gold Futures contract fell 0.57% or 8.45 to trade at $1464.25 a troy ounce.

EUR/SAR was up 0.31% to 4.1407, while USD/SAR rose 0.02% to 3.7500.

The US Dollar Index Futures was down 0.12% at 98.083.

Read more at :