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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.23%

Published 08/23/2016, 09:15 AM
Updated 08/23/2016, 09:15 AM
© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.23%

Investing.com – Saudi Arabia stocks were lower after the close on Tuesday, as losses in the Media & Publishing, Energy & Utilities and Cement sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 0.23% to hit a new 3-months low.

The best performers of the session on the Tadawul All Share were Red Sea Housing Services Company (SE:4230), which rose 9.88% or 2.40 points to trade at 26.70 at the close. Meanwhile, Saudi Arabia Refineries Co. (SE:2030) added 4.97% or 1.50 points to end at 31.70 and Saudi Public Transport Co. (SE:4040) was up 3.72% or 0.50 points to 13.95 in late trade.

The worst performers of the session were Saudi Research and Marketing Group (SE:4210), which fell 7.02% or 2.40 points to trade at 31.80 at the close. Saudi Industrial Investment Group (SE:2250) declined 4.78% or 0.60 points to end at 11.95 and Filing & Packing Materials Co. (SE:2180) was down 4.14% or 1.80 points to 41.70.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 77 to 75 and 17 ended unchanged.

Crude oil for October delivery was down 1.12% or 0.53 to $46.88 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 0.90% or 0.44 to hit $48.72 a barrel, while the December Gold contract rose 0.32% or 4.25 to trade at $1347.65 a troy ounce.

EUR/SAR was up 0.05% to 4.2488, while USD/SAR fell 0.02% to 3.7499.

The US Dollar Index was down 0.18% at 94.35.

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