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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.26%
Published Jan 09, 2018 08:15AM ET
© Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.26%
Investing.com – Saudi Arabia stocks were lower after the close on Tuesday, as losses in the Energy & Utilities, Hotels & Tourism and Building & Construction sectors led shares lower.
At the close in Saudi Arabia, the Tadawul All Share declined 0.26%.
The best performers of the session on the Tadawul All Share were AXA Cooperative Insurance Company (SE:8250), which rose 8.64% or 1.76 points to trade at 22.14 at the close. Meanwhile, Rabigh Refining & Petrochemical Co (SE:2380) added 3.94% or 0.67 points to end at 17.68 and Alinma Tokio Marine Co (SE:8312) was up 2.99% or 0.64 points to 22.04 in late trade.
The worst performers of the session were Dar Alarkan Real Estate Development (SE:4300), which fell 4.26% or 0.46 points to trade at 10.34 at the close. Anb Insurance (SE:8011) declined 3.49% or 0.52 points to end at 14.40 and Tabuk Cement Co. (SE:3090) was down 2.99% or 0.40 points to 13.00.
Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 111 to 65 and 7 ended unchanged.
Shares in Rabigh Refining & Petrochemical Co (SE:2380) rose to 52-week highs; rising 3.94% or 0.67 to 17.68. Shares in Anb Insurance (SE:8011) fell to 3-years lows; losing 3.49% or 0.52 to 14.40.
Crude oil for February delivery was up 0.63% or 0.39 to $62.12 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.44% or 0.30 to hit $68.08 a barrel, while the February Gold Futures contract fell 0.40% or 5.30 to trade at $1315.10 a troy ounce.
EUR/SAR was down 0.30% to 4.4749, while USD/SAR unchanged 0.00% to 3.7503.
The US Dollar Index Futures was up 0.17% at 92.24.
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