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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.27%
Published Jun 14, 2022 10:15AM ET
© Reuters Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.27%
Investing.com – Saudi Arabia stocks were lower after the close on Tuesday, as losses in the Building & Construction, Hotels & Tourism and Transport sectors led shares lower.
At the close in Saudi Arabia, the Tadawul All Share lost 0.27% to hit a new 3-months low.
The best performers of the session on the Tadawul All Share were Saudi Arabian Cooperative Insurance (TADAWUL:8100), which rose 10.00% or 1.90 points to trade at 20.90 at the close. Meanwhile, Al-Rajhi Cooperative Insurance (TADAWUL:8230) added 9.96% or 8.30 points to end at 91.60 and National Medical Care Company (TADAWUL:4005) was up 6.64% or 3.80 points to 61.00 in late trade.
The worst performers of the session were Development Works Food Co (TADAWUL:6013), which fell 10.00% or 24.80 points to trade at 223.20 at the close. Arab Sea Information Systems Co SJSC (TADAWUL:7201) declined 9.87% or 13.20 points to end at 120.60 and Saudi Advanced Industries Co. (TADAWUL:2120) was down 9.57% or 3.45 points to 32.60.
Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 182 to 54 and 3 ended unchanged.
Shares in Saudi Advanced Industries Co. (TADAWUL:2120) fell to 52-week lows; down 9.57% or 3.45 to 32.60.
Crude oil for July delivery was up 1.88% or 2.27 to $123.20 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August rose 2.04% or 2.49 to hit $124.76 a barrel, while the August Gold Futures contract fell 0.91% or 16.75 to trade at $1,815.05 a troy ounce.
EUR/SAR was up 0.19% to 3.91, while USD/SAR unchanged 0.00% to 3.75.
The US Dollar Index Futures was up 0.12% at 105.09.
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