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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.50%

Published 12/22/2021, 09:15 AM
Updated 12/22/2021, 09:15 AM
© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.50%

Investing.com – Saudi Arabia stocks were lower after the close on Wednesday, as losses in the Media & Publishing, Hotels & Tourism and Industrial Investment sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.50%.

The best performers of the session on the Tadawul All Share were The Saudi Investment Bank (SE:1030), which rose 9.11% or 1.60 points to trade at 19.16 at the close. Meanwhile, Al Moammar Information Systems Co CJSC (SE:7200) added 3.62% or 5.00 points to end at 143.00 and Banque Saudi Fransi (SE:1050) was up 3.03% or 1.35 points to 45.95 in late trade.

The worst performers of the session were Saudi Marke (SE:4006), which fell 5.17% or 1.65 points to trade at 30.25 at the close. Alinma Tokio Marine Co (SE:8312) declined 4.92% or 1.75 points to end at 33.80 and Saudi Industrial Export Co (SE:4140) was down 4.89% or 5.00 points to 97.20.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 169 to 41 and 10 ended unchanged.

Shares in The Saudi Investment Bank (SE:1030) rose to 52-week highs; gaining 9.11% or 1.60 to 19.16.

Crude oil for February delivery was up 0.03% or 0.02 to $71.14 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.04% or 0.03 to hit $73.93 a barrel, while the February Gold Futures contract rose 0.27% or 4.85 to trade at $1793.55 a troy ounce.

EUR/SAR was up 0.21% to 4.2447, while USD/SAR rose 0.00% to 3.7542.

The US Dollar Index Futures was down 0.21% at 96.282.

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