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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.36%

Stock MarketsJan 01, 2020 10:21AM ET
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© Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.36%

Investing.com – Saudi Arabia stocks were lower after the close on Wednesday, as losses in the Financial Services, Petrochemicals and Real Estate Development sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 0.36%.

The best performers of the session on the Tadawul All Share were Saudi Cable Company (SE:2110), which rose 9.93% or 1.84 points to trade at 20.40 at the close. Meanwhile, Saudi Company for Hardware (SE:4008) added 5.57% or 2.90 points to end at 55.00 and Al Sorayai Trading&Industrial Group (SE:1213) was up 5.49% or 1.70 points to 32.65 in late trade.

The worst performers of the session were Saudi Industrial Investment Group (SE:2250), which fell 2.75% or 0.66 points to trade at 23.34 at the close. Al Kathiri Holding Co (SE:3008) declined 2.42% or 3.20 points to end at 128.80 and Arabia Insurance Cooperative Co (SE:8160) was down 2.37% or 0.42 points to 17.30.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 105 to 78 and 15 ended unchanged.

Shares in Saudi Cable Company (SE:2110) rose to 3-years lows; gaining 9.93% or 1.84 to 20.40.

Crude oil for February delivery was down 0.78% or 0.48 to $61.20 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.96% or 0.64 to hit $66.03 a barrel, while the February Gold Futures contract rose 0.09% or 1.35 to trade at $1519.95 a troy ounce.

EUR/SAR was up 0.05% to 4.2067, while USD/SAR rose 0.01% to 3.7513.

The US Dollar Index Futures was down 0.27% at 96.150.

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.36%
 

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