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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.57%

Published 11/03/2021, 10:15 AM
© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.57%

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

At the close in Saudi Arabia, the Tadawul All Share fell 0.57%.

The best performers of the session on the Tadawul All Share were Sadr Logistics Co (SE:1832), which rose 9.96% or 39.40 points to trade at 434.80 at the close. Meanwhile, National Medical Care Company (SE:4005) added 4.06% or 2.60 points to end at 66.60 and International Company for Water and Power Projects (SE:2082) was up 3.39% or 2.60 points to 79.40 in late trade.

The worst performers of the session were The Mediterranean&Gulf Insurance Co (SE:8030), which fell 3.96% or 0.96 points to trade at 23.30 at the close. Saudi Electricity Company (SE:5110) declined 3.78% or 1.10 points to end at 28.00 and Alkhaleej Training & Education Co (SE:4290) was down 3.75% or 1.00 points to 25.70.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 166 to 42 and 7 ended unchanged.

Shares in International Company for Water and Power Projects (SE:2082) rose to all time highs; up 3.39% or 2.60 to 79.40.

Crude oil for December delivery was down 2.44% or 2.05 to $81.86 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 2.10% or 1.78 to hit $82.94 a barrel, while the December Gold Futures contract fell 1.41% or 25.25 to trade at $1764.15 a troy ounce.

EUR/SAR was down 0.11% to 4.3377, while USD/SAR unchanged 0.00% to 3.7511.

The US Dollar Index Futures was up 0.13% at 94.198.

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