Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.24%

Published 06/07/2022, 10:15 AM
Updated 06/07/2022, 10:15 AM
© Reuters.  Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.24%

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

At the close in Saudi Arabia, the Tadawul All Share declined 1.24%.

The best performers of the session on the Tadawul All Share were Al Sagr Co-operative Insurance Co (TADAWUL:8180), which rose 5.31% or 0.60 points to trade at 11.90 at the close. Meanwhile, Dar Alarkan Real Estate Development (TADAWUL:4300) added 3.31% or 0.44 points to end at 13.74 and Al Sorayai Trading&Industrial Group (TADAWUL:1213) was up 3.25% or 0.70 points to 22.24 in late trade.

The worst performers of the session were Bupa Arabia for Coop. Insurance (TADAWUL:8210), which fell 3.03% or 5.00 points to trade at 160.00 at the close. Saudi Arabian Mining Company (TADAWUL:1211) declined 2.85% or 1.80 points to end at 61.30 and Banque Saudi Fransi (TADAWUL:1050) was down 2.69% or 1.40 points to 50.60.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 148 to 79 and 12 ended unchanged.

Shares in Dar Alarkan Real Estate Development (TADAWUL:4300) rose to 3-years highs; gaining 3.31% or 0.44 to 13.74.

Crude oil for July delivery was up 1.05% or 1.25 to $119.75 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August rose 0.98% or 1.17 to hit $120.68 a barrel, while the August Gold Futures contract rose 0.51% or 9.35 to trade at $1,853.05 a troy ounce.

EUR/SAR was down 0.12% to 4.01, while USD/SAR unchanged 0.00% to 3.75.

The US Dollar Index Futures was up 0.16% at 102.61.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.