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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 2.74%

Stock MarketsNov 22, 2021 09:15AM ET
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© Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 2.74%

Investing.com – Saudi Arabia stocks were lower after the close on Monday, as losses in the Building & Construction, Financial Services and Real Estate Development sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share declined 2.74% to hit a new 1-month low.

The best performers of the session on the Tadawul All Share were Dallah Healthcare Holding Company (SE:4004), which rose 1.54% or 1.10 points to trade at 72.60 at the close. Meanwhile, Arabia Insurance Cooperative Co (SE:8160) added 1.33% or 0.50 points to end at 38.00 and Arabian Internet and Communications Services Co CSJC (SE:7202) was up 1.11% or 2.20 points to 200.20 in late trade.

The worst performers of the session were Taiba Holding Co. (SE:4090), which fell 10.00% or 4.10 points to trade at 36.90 at the close. The Mediterranean&Gulf Insurance Co (SE:8030) declined 9.65% or 1.86 points to end at 17.42 and National Gypsum Company (SE:2090) was down 7.95% or 3.30 points to 38.20.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 197 to 14 and 3 ended unchanged.

Shares in The Mediterranean&Gulf Insurance Co (SE:8030) fell to 52-week lows; down 9.65% or 1.86 to 17.42.

Crude oil for January delivery was down 0.75% or 0.57 to $75.37 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 0.75% or 0.59 to hit $78.30 a barrel, while the December Gold Futures contract fell 1.17% or 21.70 to trade at $1829.90 a troy ounce.

EUR/SAR was down 0.29% to 4.2220, while USD/SAR fell 0.01% to 3.7511.

The US Dollar Index Futures was up 0.30% at 96.320.

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 2.74%
 

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