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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.26%
© 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 Thursday, as losses in the Transport, Industrial Investment and Retail sectors led shares lower.
At the close in Saudi Arabia, the Tadawul All Share lost 0.26% to hit a new 6-months low.
The best performers of the session on the Tadawul All Share were Saudi Research and Marketing Group (SE:4210), which rose 7.58% or 4.70 points to trade at 66.70 at the close. Meanwhile, Nama Chemicals Co. (SE:2210) added 5.29% or 1.10 points to end at 21.90 and Saudi Paper Manufacturing Co. (SE:2300) was up 3.08% or 0.27 points to 9.03 in late trade.
The worst performers of the session were Allianz Saudi Fransi Cooperative Insurance Company (SE:8040), which fell 3.93% or 1.05 points to trade at 25.70 at the close. Al Alamiya Cooperative Insurance (SE:8280) declined 3.89% or 0.70 points to end at 17.30 and Arabia Insurance Cooperative Co (SE:8160) was down 3.73% or 0.60 points to 15.50.
Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 134 to 49 and 12 ended unchanged.
Shares in Al Alamiya Cooperative Insurance (SE:8280) fell to 52-week lows; down 3.89% or 0.70 to 17.30.
Crude oil for November delivery was up 1.08% or 0.57 to $53.16 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 0.82% or 0.48 to hit $58.80 a barrel, while the December Gold Futures contract fell 0.82% or 12.45 to trade at $1500.35 a troy ounce.
EUR/SAR was up 0.48% to 4.1338, while USD/SAR rose 0.01% to 3.7507.
The US Dollar Index Futures was down 0.33% at 98.488.
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