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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.63%
Published Oct 09, 2022 10:15AM ET
© Reuters Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.63%
Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the Agriculture & Food, Industrial Investment and Transport sectors led shares lower.
At the close in Saudi Arabia, the Tadawul All Share fell 1.63%.
The best performers of the session on the Tadawul All Share were Tanmiah Food Company SCJSC (TADAWUL:2281), which rose 4.04% or 4.40 points to trade at 113.40 at the close. Meanwhile, Yamamah Saudi Cement Co. (TADAWUL:3020) added 2.37% or 0.70 points to end at 30.20 and Aldrees Petroleum & Transport Svcs (TADAWUL:4200) was up 2.20% or 1.60 points to 74.30 in late trade.
The worst performers of the session were Salama Cooperative Insurance Co (TADAWUL:8050), which fell 7.93% or 1.38 points to trade at 16.02 at the close. Theeb Rent a Car Company SJSC (TADAWUL:4261) declined 6.76% or 5.00 points to end at 69.00 and Umm Al-Qura (TADAWUL:3005) was down 6.70% or 1.44 points to 20.06.
Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 219 to 18 and 9 ended unchanged.
Shares in Tanmiah Food Company SCJSC (TADAWUL:2281) rose to 52-week highs; rising 4.04% or 4.40 to 113.40.
Crude oil for November delivery was up 5.37% or 4.75 to $93.20 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 4.27% or 4.03 to hit $98.45 a barrel, while the December Gold Futures contract fell 1.10% or 19.00 to trade at $1,701.80 a troy ounce.
EUR/SAR was down 0.52% to 3.66, while USD/SAR unchanged 0.01% to 3.76.
The US Dollar Index Futures was up 0.40% at 112.64.
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