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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.11%

Published 07/24/2022, 10:15 AM
Updated 07/24/2022, 10:15 AM
© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.11%

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

At the close in Saudi Arabia, the Tadawul All Share fell 0.11%.

The best performers of the session on the Tadawul All Share were Salama Cooperative Insurance Co (TADAWUL:8050), which rose 9.97% or 1.16 points to trade at 12.80 at the close. Meanwhile, Nayifat Finance Co (TADAWUL:4081) added 9.85% or 2.44 points to end at 27.20 and Amlak Intl for Real Estate Finance (TADAWUL:1182) was up 6.37% or 1.12 points to 18.70 in late trade.

The worst performers of the session were United Cooperative Assurance Co (TADAWUL:8190), which fell 9.92% or 1.76 points to trade at 15.98 at the close. International Company for Water and Power Projects (ACWA Power) (TADAWUL:2082) declined 2.87% or 5.00 points to end at 169.00 and Saudia Dairy and Foodstuff .Co (TADAWUL:2270) was down 2.85% or 4.60 points to 157.00.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 157 to 73 and 10 ended unchanged.

Shares in United Cooperative Assurance Co (TADAWUL:8190) fell to 52-week lows; falling 9.92% or 1.76 to 15.98.

Crude oil for September delivery was down 1.31% or 1.26 to $95.09 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October unchanged 0.00% or 0.00 to hit $98.38 a barrel, while the August Gold Futures contract rose 0.69% or 11.90 to trade at $1,725.30 a troy ounce.

EUR/SAR was down 0.17% to 3.84, while USD/SAR unchanged 0.02% to 3.76.

The US Dollar Index Futures was down 0.37% at 106.41.

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