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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.45%

Published 11/30/2021, 09:15 AM
Updated 11/30/2021, 09:15 AM
© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.45% – Saudi Arabia stocks were lower after the close on Tuesday, as losses in the Retail, Cement and Energy & Utilities sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share lost 0.45% to hit a new 3-months low.

The best performers of the session on the Tadawul All Share were Al Baha Investment and Development Company SJSC (SE:4130), which rose 10.00% or 2.90 points to trade at 31.90 at the close. Meanwhile, Raydan Co (SE:6012) added 9.98% or 1.78 points to end at 19.62 and Saudi Fisheries Co. (SE:6050) was up 9.95% or 4.40 points to 48.60 in late trade.

The worst performers of the session were Saudi Enaya Cooperative Insurance (SE:8311), which fell 9.96% or 3.65 points to trade at 33.00 at the close. Amana Cooperative Insurance Co (SE:8310) declined 9.88% or 4.05 points to end at 36.95 and The Qassim Cement Co (SE:3040) was down 6.16% or 4.80 points to 73.10.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 138 to 70 and 10 ended unchanged.

Shares in The Qassim Cement Co (SE:3040) fell to 52-week lows; down 6.16% or 4.80 to 73.10.

Crude oil for January delivery was down 3.67% or 2.57 to $67.38 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 3.71% or 2.72 to hit $70.50 a barrel, while the February Gold Futures contract rose 0.75% or 13.45 to trade at $1798.65 a troy ounce.

EUR/SAR was up 0.68% to 4.2635, while USD/SAR rose 0.01% to 3.7517.

The US Dollar Index Futures was down 0.68% at 95.685.

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