Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.07% By Investing.com

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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.07%

Stock MarketsAug 05, 2019 10:15AM ET

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© Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.07%

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

At the close in Saudi Arabia, the Tadawul All Share declined 1.07% to hit a new 1-month low.

The best performers of the session on the Tadawul All Share were Saudi Arabian Amiantit Co. (SE:2160), which rose 3.57% or 0.20 points to trade at 5.80 at the close. Meanwhile, Saudi Automotive Services Co. (SE:4050) added 3.43% or 0.58 points to end at 17.50 and Anb Insurance (SE:8011) was up 2.22% or 0.40 points to 18.40 in late trade.

The worst performers of the session were National Medical Care Company (SE:4005), which fell 7.69% or 4.00 points to trade at 48.00 at the close. Saudi United Cooperative Insurance (SE:8060) declined 6.13% or 0.96 points to end at 14.70 and Saudi Transport & Investment Co (SE:4110) was down 4.62% or 1.50 points to 31.00.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 132 to 47 and 14 ended unchanged.

Shares in Saudi United Cooperative Insurance (SE:8060) fell to 52-week lows; losing 6.13% or 0.96 to 14.70.

Crude oil for September delivery was down 1.42% or 0.79 to $54.87 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 2.07% or 1.28 to hit $60.61 a barrel, while the December Gold Futures contract rose 1.40% or 20.45 to trade at $1477.95 a troy ounce.

EUR/SAR was up 0.82% to 4.2002, while USD/SAR rose 0.01% to 3.7512.

The US Dollar Index Futures was down 0.59% at 97.275.

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