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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.38%

Published 12/18/2022, 09:15 AM
© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.38%

Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the Insurance, Energy & Utilities and Petrochemicals sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.38%.

The best performers of the session on the Tadawul All Share were Al Sorayai Trading&Industrial Group (TADAWUL:1213), which rose 9.96% or 3.90 points to trade at 43.05 at the close. Meanwhile, Dur Hospitality (TADAWUL:4010) added 9.92% or 1.90 points to end at 21.06 and Middle East Specialized Cables Co (TADAWUL:2370) was up 8.78% or 0.82 points to 10.16 in late trade.

The worst performers of the session were Dar Alarkan Real Estate Development (TADAWUL:4300), which fell 5.51% or 0.70 points to trade at 12.00 at the close. Arabian Internet and Communications Services Co CSJC (TADAWUL:7202) declined 4.62% or 12.00 points to end at 248.00 and Arabia Insurance Cooperative Co (TADAWUL:8160) was down 4.50% or 0.48 points to 10.18.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 120 to 118 and 14 ended unchanged.

Crude oil for February delivery was unchanged 0.00% or 0.00 to $74.46 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 2.40% or 1.95 to hit $79.26 a barrel, while the February Gold Futures contract rose 0.85% or 15.20 to trade at $1,803.00 a troy ounce.

EUR/SAR was down 0.35% to 3.98, while USD/SAR unchanged 0.02% to 3.76.

The US Dollar Index Futures was up 0.24% at 104.45.

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