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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.02%

Published 05/24/2018, 09:15 AM
© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.02%

Investing.com – Saudi Arabia stocks were lower after the close on Thursday, as losses in the Real Estate Development, Media & Publishing and Building & Construction sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.02%.

The best performers of the session on the Tadawul All Share were Saudi Industrial Services Co. (SE:2190), which rose 4.87% or 0.70 points to trade at 15.08 at the close. Meanwhile, Saudi Transport & Investment Co (SE:4110) added 4.63% or 1.85 points to end at 41.85 and Abdullah Al Othaim Markets Company (SE:4001) was up 3.53% or 2.47 points to 72.50 in late trade.

The worst performers of the session were Saudi Automotive Services Co. (SE:4050), which fell 13.00% or 2.34 points to trade at 15.66 at the close. Al Alamiya Cooperative Insurance (SE:8280) declined 6.90% or 2.11 points to end at 28.45 and Dar Alarkan Real Estate Development (SE:4300) was down 5.03% or 0.60 points to 11.34.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 118 to 63 and 5 ended unchanged.

Crude oil for July delivery was down 1.67% or 1.20 to $70.64 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 1.40% or 1.12 to hit $78.68 a barrel, while the June Gold Futures contract rose 0.71% or 9.20 to trade at $1298.80 a troy ounce.

EUR/SAR was up 0.26% to 4.3979, while USD/SAR rose 0.02% to 3.7509.

The US Dollar Index Futures was down 0.21% at 93.71.

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