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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.87%
Published Apr 11, 2018 09:15AM ET
© Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.87%
Investing.com – Saudi Arabia stocks were lower after the close on Wednesday, as losses in the Building & Construction, Media & Publishing and Agriculture & Food sectors led shares lower.
At the close in Saudi Arabia, the Tadawul All Share lost 1.87%.
The best performers of the session on the Tadawul All Share were Halwani Bros (SE:6001), which rose 0.72% or 0.40 points to trade at 56.00 at the close. Meanwhile, Eastern Province Cement Co. (SE:3080) added 0.39% or 0.10 points to end at 25.80 and Al Baha Investment and Development Company SJSC (SE:4130) was up 0.37% or 0.08 points to 21.52 in late trade.
The worst performers of the session were Alinma Tokio Marine Co (SE:8312), which fell 8.18% or 2.05 points to trade at 23.00 at the close. Trade Union Cooperative Insurance (SE:8170) declined 6.64% or 1.50 points to end at 21.10 and Allied Cooperative Insurance Group (SE:8150) was down 6.62% or 1.39 points to 19.60.
Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 178 to 8 and 3 ended unchanged.
Crude oil for May delivery was up 0.66% or 0.43 to $65.94 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 0.56% or 0.40 to hit $71.44 a barrel, while the June Gold Futures contract rose 0.79% or 10.60 to trade at $1356.50 a troy ounce.
EUR/SAR was up 0.16% to 4.6407, while USD/SAR fell 0.02% to 3.7496.
The US Dollar Index Futures was down 0.13% at 89.20.
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