© Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.72%

Investing.com – Saudi Arabia stocks were lower after the close on Thursday, as losses in the , and sectors led shares lower.

At the close in Saudi Arabia, the lost 0.72%.

The best performers of the session on the were Wafrah for Industry and Development Company SJSC (TADAWUL:), which rose 10.00% or 3.15 points to trade at 34.65 at the close. Meanwhile, Al Sagr Co-operative Insurance Co (TADAWUL:) added 9.96% or 1.54 points to end at 17.00 and Etihad Atheeb Telecommunication (TADAWUL:) was up 8.38% or 8.80 points to 113.80 in late trade.

The worst performers of the session were Almarai Company (TADAWUL:), which fell 4.66% or 3.10 points to trade at 63.40 at the close. International Company for Water and Power Projects (ACWA Power) (TADAWUL:) declined 4.64% or 9.40 points to end at 193.00 and The Company for Coop. Insurance (TADAWUL:) was down 4.13% or 5.00 points to 116.00.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 145 to 121 and 23 ended unchanged.

Shares in Etihad Atheeb Telecommunication (TADAWUL:) rose to 5-year highs; up 8.38% or 8.80 to 113.80.

Crude oil for October delivery was up 1.48% or 1.21 to $82.84 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 1.02% or 0.87 to hit $86.11 a barrel, while the December Gold Futures contract fell 0.17% or 3.35 to trade at $1,969.65 a troy ounce.

EUR/SAR was down 0.70% to 4.07, while USD/SAR unchanged 0.01% to 3.75.

The US Dollar Index Futures was up 0.51% at 103.62.

Read the full article here

Share.

Leave A Reply

© 2024 Finances Smart. All Rights Reserved.