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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.52%
Published Feb 13, 2020 09:15AM ET
© Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.52%
Investing.com – Saudi Arabia stocks were lower after the close on Thursday, as losses in the Hotels & Tourism, Building & Construction and Cement sectors led shares lower.
At the close in Saudi Arabia, the Tadawul All Share lost 0.52% to hit a new 1-month low.
The best performers of the session on the Tadawul All Share were AXA Cooperative Insurance Company (SE:8250), which rose 3.87% or 1.20 points to trade at 32.20 at the close. Meanwhile, The Company for Coop. Insurance (SE:8010) added 3.61% or 2.70 points to end at 77.50 and Mobile Telecommunications Company (SE:7030) was up 3.55% or 0.36 points to 10.50 in late trade.
The worst performers of the session were Saudi Arabia Refineries Co. (SE:2030), which fell 9.99% or 4.45 points to trade at 40.10 at the close. Rabigh Refining & Petrochemical Co (SE:2380) declined 9.98% or 1.78 points to end at 16.06 and Dur Hospitality (SE:4010) was down 8.72% or 2.75 points to 28.80.
Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 153 to 42 and 4 ended unchanged.
Shares in Rabigh Refining & Petrochemical Co (SE:2380) fell to 52-week lows; falling 9.98% or 1.78 to 16.06.
Crude oil for March delivery was up 0.47% or 0.24 to $51.41 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 0.47% or 0.26 to hit $56.05 a barrel, while the April Gold Futures contract rose 0.36% or 5.65 to trade at $1577.25 a troy ounce.
EUR/SAR was down 0.20% to 4.0692, while USD/SAR rose 0.00% to 3.7506.
The US Dollar Index Futures was up 0.02% at 98.938.
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