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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.42%

Published 10/14/2019, 10:15 AM
© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.42%

Investing.com – Saudi Arabia stocks were lower after the close on Monday, as losses in the Transport, Media & Publishing and Insurance sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.42% to hit a new 6-months low.

The best performers of the session on the Tadawul All Share were Tourism Enterprise Co. (SE:4170), which rose 6.23% or 1.40 points to trade at 23.88 at the close. Meanwhile, Saudi Kayan Petrochemical Company (SE:2350) added 2.11% or 0.21 points to end at 10.16 and The Saudi British Bank (SE:1060) was up 2.04% or 0.60 points to 30.00 in late trade.

The worst performers of the session were Saudi Arabia Refineries Co. (SE:2030), which fell 9.11% or 4.25 points to trade at 42.40 at the close. Tihama Advertising&Public Relations (SE:4070) declined 5.33% or 1.95 points to end at 34.65 and Arabia Insurance Cooperative Co (SE:8160) was down 5.29% or 0.82 points to 14.68.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 138 to 43 and 13 ended unchanged.

Crude oil for November delivery was down 2.71% or 1.48 to $53.22 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 2.48% or 1.50 to hit $59.01 a barrel, while the December Gold Futures contract rose 0.40% or 5.95 to trade at $1494.65 a troy ounce.

EUR/SAR was down 0.11% to 4.1345, while USD/SAR rose 0.01% to 3.7508.

The US Dollar Index Futures was up 0.16% at 98.162.

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