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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.25%

Published 09/08/2022, 10:15 AM
Updated 09/08/2022, 10:15 AM
© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.25%

© Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.25%

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

At the close in Saudi Arabia, the Tadawul All Share lost 0.25% to hit a new 1-month low.

The best performers of the session on the Tadawul All Share were Saudi Industrial Export Co (TADAWUL:4140), which rose 5.32% or 2.15 points to trade at 42.55 at the close. Meanwhile, Tanmiah Food Company SCJSC (TADAWUL:2281) added 4.27% or 3.60 points to end at 88.00 and United Cooperative Assurance Co (TADAWUL:8190) was up 4.11% or 0.42 points to 10.64 in late trade.

The worst performers of the session were Banque Saudi Fransi (TADAWUL:1050), which fell 2.57% or 1.25 points to trade at 47.35 at the close. Arabian Internet and Communications Services Co CSJC (TADAWUL:7202) declined 2.44% or 6.60 points to end at 264.40 and Fawaz Abdulaziz AlHokair Company (TADAWUL:4240) was down 2.31% or 0.48 points to 20.30.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 139 to 89 and 21 ended unchanged.

Crude oil for October delivery was up 1.57% or 1.29 to $83.23 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 0.95% or 0.84 to hit $88.84 a barrel, while the December Gold Futures contract fell 0.60% or 10.45 to trade at $1,717.35 a troy ounce.

EUR/SAR was down 0.48% to 3.74, while USD/SAR unchanged 0.02% to 3.76.

The US Dollar Index Futures was up 0.19% at 110.04.

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