Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.19% By Investing.com

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.19%

Stock MarketsDec 10, 2020 09:15AM ET

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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.19%

Investing.com – Saudi Arabia stocks were lower after the close on Thursday, as losses in the Agriculture & Food, Retail and Energy & Utilities sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.19%.

The best performers of the session on the Tadawul All Share were Food Products Co. (SE:2100), which rose 9.94% or 17.80 points to trade at 196.80 at the close. Meanwhile, Saudi Pharmaceutical Appliances (SE:2070) added 7.11% or 2.85 points to end at 42.95 and Saudi vitrified clay pipes co. (SE:2360) was up 5.93% or 4.30 points to 76.80 in late trade.

The worst performers of the session were Al Omran Industrial & Trading Co (SE:4141), which fell 1.99% or 2.20 points to trade at 108.40 at the close. Savola Group (SE:2050) declined 1.84% or 0.80 points to end at 42.75 and Abdullah Saad Mohammed Abo Moati Stationeries Co (SE:4191) was down 1.80% or 0.90 points to 49.00.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 96 to 94 and 12 ended unchanged.

Shares in Food Products Co. (SE:2100) rose to 5-year highs; up 9.94% or 17.80 to 196.80. Shares in Saudi vitrified clay pipes co. (SE:2360) rose to 3-years highs; up 5.93% or 4.30 to 76.80.

Crude oil for January delivery was up 1.93% or 0.88 to $46.40 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 1.86% or 0.91 to hit $49.77 a barrel, while the February Gold Futures contract rose 0.45% or 8.35 to trade at $1846.85 a troy ounce.

EUR/SAR was up 0.25% to 4.5428, while USD/SAR fell 0.01% to 3.7510.

The US Dollar Index Futures was down 0.10% at 90.995.

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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.19%

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