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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.35%

Published Aug 15, 2018 09:15AM ET
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© Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.35%
 
TFBI
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TASI
-0.46%
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TENI
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8110
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2190
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Investing.com – Saudi Arabia stocks were lower after the close on Wednesday, as losses in the Petrochemicals, Agriculture & Food and Telecoms & IT sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 0.35% to hit a new 3-months low.

The best performers of the session on the Tadawul All Share were Alinma Tokio Marine Co (SE:8312), which rose 6.84% or 1.24 points to trade at 19.38 at the close. Meanwhile, Saudi Industrial Services Co. (SE:2190) added 6.79% or 0.84 points to end at 13.22 and United Electronics Company (SE:4003) was up 5.16% or 2.70 points to 55.00 in late trade.

The worst performers of the session were The National Shipping Co. (SE:4030), which fell 3.78% or 1.15 points to trade at 29.30 at the close. Saudi Indian Company Insurance (SE:8110) declined 2.97% or 0.30 points to end at 9.80 and Jabal Omar Development Company (SE:4250) was down 2.44% or 0.90 points to 36.00.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 92 to 71 and 23 ended unchanged.

Shares in Saudi Indian Company Insurance (SE:8110) fell to all time lows; losing 2.97% or 0.30 to 9.80. Shares in Jabal Omar Development Company (SE:4250) fell to 3-years lows; falling 2.44% or 0.90 to 36.00.

Crude oil for September delivery was down 0.92% or 0.62 to $66.42 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 0.70% or 0.51 to hit $71.95 a barrel, while the December Gold Futures contract fell 0.77% or 9.30 to trade at $1191.40 a troy ounce.

EUR/SAR was down 0.30% to 4.2415, while USD/SAR fell 0.01% to 3.7494.

The US Dollar Index Futures was up 0.25% at 96.79.

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.35%
 

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