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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.01%

Published 05/09/2021, 10:15 AM
Updated 05/09/2021, 10:15 AM
© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.01%

Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the Financial Services, Insurance and Hotels & Tourism sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 0.01%.

The best performers of the session on the Tadawul All Share were AlJazira Mawten REIT (SE:4331), which rose 10.00% or 2.90 points to trade at 31.90 at the close. Meanwhile, Sedco Capital REIT (SE:4344) added 5.00% or 0.50 points to end at 10.50 and Saudi Research and Marketing Group (SE:4210) was up 4.74% or 4.30 points to 95.00 in late trade.

The worst performers of the session were Saudi Company for Hardware (SE:4008), which fell 3.78% or 2.70 points to trade at 68.70 at the close. Mobile Telecommunications Company (SE:7030) declined 2.42% or 0.36 points to end at 14.54 and CHUBB Arabia Cooperative Insurance (SE:8240) was down 2.16% or 0.95 points to 43.00.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 105 to 84 and 14 ended unchanged.

Shares in AlJazira Mawten REIT (SE:4331) rose to all time highs; gaining 10.00% or 2.90 to 31.90. Shares in Sedco Capital REIT (SE:4344) rose to all time highs; rising 5.00% or 0.50 to 10.50.

Crude oil for June delivery was up 0.20% or 0.13 to $64.84 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 0.21% or 0.14 to hit $68.23 a barrel, while the June Gold Futures contract rose 0.89% or 16.25 to trade at $1831.95 a troy ounce.

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EUR/SAR was up 0.83% to 4.5616, while USD/SAR rose 0.01% to 3.7504.

The US Dollar Index Futures was down 0.81% at 90.203.

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