Investing.com – Saudi Arabia stocks were lower after the close on Thursday, as losses in the Insurance, Petrochemicals and Retail sectors led shares lower.
At the close in Saudi Arabia, the Tadawul All Share declined 0.40%.
The best performers of the session on the Tadawul All Share were United Electronics Company (SE:4003), which rose 5.69% or 3.82 points to trade at 71.00 at the close. Meanwhile, Falcom Petrochemical added 4.93% or 1.40 points to end at 29.80 and Yanbu Cement Co. (SE:3060) was up 2.64% or 0.81 points to 31.50 in late trade.
The worst performers of the session were Salama Cooperative Insurance Co (SE:8050), which fell 9.98% or 3.02 points to trade at 27.25 at the close. Al-Rajhi Cooperative Insurance (SE:8230) declined 9.96% or 7.50 points to end at 67.80 and Malath Cooperative Insurance Co (SE:8020) was down 9.95% or 1.81 points to 16.38.
Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 123 to 58 and 4 ended unchanged.
Shares in United Electronics Company (SE:4003) rose to 52-week highs; gaining 5.69% or 3.82 to 71.00.
Crude oil for April delivery was up 0.62% or 0.38 to $61.34 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 0.48% or 0.31 to hit $65.20 a barrel, while the April Gold Futures contract fell 0.49% or 6.50 to trade at $1319.10 a troy ounce.
EUR/SAR was down 0.21% to 4.6295, while USD/SAR rose 0.03% to 3.7513.
The US Dollar Index Futures was up 0.16% at 89.89.